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, CCSI aims to explore the opportunities and challenges these new players present for sustainable development in their home countries, host countries, and beyond.
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 many of these new players are less well known than their developed-country counterparts. And while they may not be global leaders in terms of size, they can be extremely significant for their home countries and regions. 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.