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      <abstractText>This article analyses indirect FDI, denoting investment 
projects, in which the ultimate owner is different from the 
immediate investor. Reasons for the existence of this type of 
investment projects can be mostly corporate strategies and tax 
considerations. The development impact of indirect FDI is not 
necessarily negative; however it varies by the key types of 
indirect FDI (delegation of power to regional headquarters, 
nearshoring, concealed investment, and round tripping). It also 
depends on how the project money is transhipped: through an 
affiliate abroad, or through a special purpose entity. 
Government polices may influence largely the extent and 
development impact of indirect FDI, especially through tax 
policies. The phenomenon deserves more attention in the future, 
as currently indirect FDI is an under-researched topic.</abstractText>
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      <label>Kalotay Kálmán. Indirect FDI. (2012) JOURNAL OF WORLD INVESTMENT AND TRADE 1660-7112 2211-9000 13 4 542-555</label><template>&lt;div class=&quot;JournalArticle Publication short-list&quot;&gt; &lt;div class=&quot;authors&quot;&gt; &lt;span class=&quot;author-name&quot; mtid=&quot;10004609&quot;&gt; &lt;a href=&quot;/gui2/?type=authors&amp;mode=browse&amp;sel=10004609&quot; target=&quot;_blank&quot;&gt;Kalotay, Kálmán&lt;/a&gt; &lt;/span&gt; &lt;span class=&quot;author-type&quot;&gt; &lt;/span&gt; &lt;/div &gt;&lt;div class=&quot;title&quot;&gt;&lt;a href=&quot;/gui2/?mode=browse&amp;params=publication;2182139&quot; mtid=&quot;2182139&quot; target=&quot;_blank&quot;&gt;Indirect FDI&lt;/a&gt;&lt;/div&gt; &lt;div class=&quot;pub-info&quot;&gt; &lt;span class=&quot;journal-title&quot;&gt;JOURNAL OF WORLD INVESTMENT AND TRADE&lt;/span&gt; &lt;span class=&quot;journal-volume&quot;&gt;13&lt;/span&gt; : &lt;span class=&quot;journal-issue&quot;&gt;4&lt;/span&gt; &lt;span class=&quot;page&quot;&gt; pp. 542-555. , 14 p. &lt;/span&gt; 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