A major development in the global foreign direct investment (FDI) market over recent years has been the rapid rise of multinational enterprises (MNEs) from emerging markets. In furtherance of its overarching mission, the VCC aims to ensure more sustainable investment by these emerging-market MNEs.
The first step is to develop and strengthen empirical research on emerging-market MNEs and establish a sound basis for understanding and discussing the role of those entities in the world economy by identifying the major players and their salient features and drivers. This is essential because these new players are less well known than their developed-country counterparts, which have been part of the business landscape for many decades. The second step is to focus more closely on understanding and improving the relationship between emerging-market MNEs and sustainable development including, for example, the impacts of these investors on environmental and labor standards in host countries.
The Emerging Market Global Players (EMGP) project, a collaborative effort led by the VCC, brings together researchers on FDI from leading institutions in emerging markets to gather original data from company surveys and additional research and to produce annual reports based on their findings. Those EMGP reports identify the top multinationals from each of a number of emerging markets, provide detailed information on the key features of the firms' activities abroad, and discuss other issues, including the underlying policy context influencing outward investment from those emerging markets and the impact of the MNEs on sustainable development.
Each report is posted on this website as well as on the website of the partner institution in the relevant country. The information in the reports, including the rankings by foreign assets, will be of interest to researchers, bankers, investors, and the media, as well as to multinational firms in many countries.
For additional information, please contact Alev Günay.
Current EMGP partner institutions:
Argentina: Beatriz Nofal, Eco-Axis
Brazil: University of Sao Paulo
Chile: United Nations Economic Commission for Latin America and the Caribbean (ECLAC) and Institute of International Studies of the University of Chile (IEI)
China: Center for Transnationals' Studies of Nankai University
Egypt: American University in Cairo
Hungary: ICEG European Center
India: Indian School of Business
Israel: Manufacturers Association of Israel and Tel Aviv University
Korea: The Institute of International Affairs of the Graduate School of International Studies (GSIS) at Seoul National University
Mauritius: Board of Investment, Mauritius
Mexico: Institute for Economic Research at the National Autonomous University of Mexico
Poland: Institute for Market, Consumption and Business Cycles Research
Russia: Institute of World Economy and International Relations of the Russian Academy of Sciences, Moscow
Slovenia: University of Ljubljana, Center of International Relations
South Africa: University of Pretoria
Taiwan: Fu Jen Catholic University
Thailand: Mahidol University
Turkey: Kadir Has University and the Foreign Economic Relations Board (DEIK)
All EMGP Reports can be downloaded, by country, below: