Corruption And Foreign Direct Investment: What Have We Learned?

Abstract

Over 25 years of research pertaining to corruption and FDI rendered valid and interesting findings.  We comment on these results to demonstrate that gradually the researchers develop a more detailed perspective on the significance of various dimensions of corruption and characteristics of the actors involved. Learning that corruption does not exert a uniform negative impact upon FDI, regardless of circumstances, leads to the formulation of the future research agenda.