Intro; Contents; List of Figures; List of Tables; 1.Introduction; 2.The Mixed Blessing of FDI: Two-Way Capital Flows and Growth; 2.1. Introduction; 2.2. Related Literature; 2.3. The Model; 2.4. Autarky; 2.5. Open Capital Markets; 2.6. The Structure of Capital Flows; 2.7. Extensions; 2.7.1. Two-Country Setting; 2.7.2. TFP-Differences; 2.8. Conclusion and Outlook; 2.A. Appendix A: An Additional Perspective on Credit Market Equilibrium; 2.B. Appendix B: Conditions on Assumption 1; 3.Reaping the Gains: Specialization and Capital Flows; 3.1. Introduction; 3.2. Related Literature; 3.3. The Model

3.3.1. Setup3.3.2. Autarky; 3.3.3. Open Capital Markets and International Investment; 3.3.4. Small Open Economy; 3.3.5. Two and Many Countries; 3.4. Empirical Test; 3.4.1. Data and approach; 3.4.2. Results; 3.4.3. Robustness Tests; 3.5. Conclusion and Outlook; 3.A. Appendix A: Factor Input Coefficients aiF; 3.B. Appendix B: Proof of Real Rental Minimum; 3.C. Appendix C: Summary Statistics; 4.Like it or Not? How the Economic and Institutional Environment Shapes Individual Attitudes towards Multinational Enterprises; 4.1. Introduction; 4.2. Primary Data; 4.3. Socioeconomic Determinants

4.4. Why Do Attitudes towards MNEs Differ Across Countries?4.5. (How) Do Marginal Effects of Individual Characteristics Differ across Countries?; 4.6. Extensions and Robustness Checks; 4.6.1. Narrow Definition of MNE-Phily; 4.6.2. Attitudes towards Trade; 4.6.3. Population Weights; 4.6.4. Factor Endowments; 4.7. Summary and Conclusions; 4.A. Appendix A: Variables and Summary Statistics; 4.B. Appendix B: Additional Full Regression Tables; 5.Conclusion and Outlook; A.The Neoclassical Case of Capital Flows; Bibliography