Cross-border mergers and acquisitions (M&A) have become increasingly popular in emerging markets as a way for firms to expand their reach and gain access to new markets. This study aims to examine the impact of cross-border M&A on economic growth and development in emerging markets. Using a sample of M&A transactions in emerging markets over the past decade, we analyze the impact of these transactions on various economic indicators, such as GDP, employment, and foreign direct investment. Our results suggest that cross-border M&A has a positive impact on economic growth and development in emerging markets. Specifically, we find that M&A transactions lead to increased foreign direct investment, which in turn drives economic growth and employment. However, the impact of M&A on economic growth and development is not uniform across all emerging markets, as the success of these transactions depends on a number of factors, such as the regulatory environment, the level of economic development, and the cultural differences between the countries involved. Our findings have important implications for policymakers, investors, and firms considering cross-border M&A transactions in emerging markets.
March 29, 2024
