Emerging economic leadership: insights into recent trends of capital movement
Santrauka
The presented paper aims to reveal the latest trends of the international capital movement. The following countries/regions are being considered: China, Eastern Europe, Latin America, North America and Western Europe during the years of 2013-2017. Classic economic theory suggests that better developed countries are capital donors, and less developed countries, respectively, are capital recipients. Analysis of the foreign direct investments (FDI) intensity, outflows complimented by mergers and acquisitions (purchases) indicator allows to conclude that the recent picture does not comply statements of classic economic theory, since China, being comparatively less developed country demonstrates vivid economic leadership in terms of exporting its capital to ot her countries. This behavior can condition accelerated development of China via acquisitions of additional market to own production.