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The pronounced decline in U.S. OFDI parallels the broader falloff in business investment worldwide in the current economic recession. Despite the slowdown in U.S. OFDI flows, they remained over 25 percent higher than the average for the preceding five years, which is partly attributable to the continuing attraction of big emerging markets.doi:10.7916/d89k4j2q fatcat:n6qiwsq37zfr3amoxkvkwlerye