Accounting outflow of Foreign Direct Investment (FDI) activity

Using a range of relevant theories, and the data below, critically evaluate the variation over time both within a country, and between countries in their inflow and outflow of Foreign Direct Investment (FDI) activity
Foreign Direct Investment flows as a percentage of GDP, selected countries
Inflows
Country    2008    2009    2010    2011    2012
Australia    4.5%    2.6%    2.7%    4.2%    3.6%
Belgium    38.2%    12.9%    18.2%    20.1%    2.9%
Germany    0.2%    0.7%    1.7%    1.4%    0.2%
Luxembourg    20.4%    41.3%    52.4%    24.3%    14.1%
UK    3.3%    3.5%    2.2%    2.1%    2.6%
US    2.2%    1.1%    1.4%    1.5%    1.1%
China    3.8%    2.6%    4.1%    3.8%    3.1%
Russia    4.6%    2.3%    2.1%    2.0%    1.5%
Saudi Arabia    8.3%    9.7%    6.4%    2.7%    1.9%
South Africa    3.3%    2.0%    0.3%    1.5%    1.2%

Outflows

Country    2008    2009    2010    2011    2012
Australia    3.2%    1.7%    2.1%    0.9%    1.0%
Belgium    43.5%    1.6%    9.3%    16.1%    5.7%
Germany    2.0%    2.1%    3.7%    1.4%    2.0%
Luxembourg    21.4%    13.4%    39.9%    15.2%    30.9%
UK    6.9%    1.8%    1.7%    4.4%    3.1%
US    2.3%    2.2%    2.1%    2.7%    2.5%
China    1.3%    0.9%    1.0%    0.7%    0.8%
Russia    3.4%    2.8%    2.8%    2.6%    1.4%
Saudi Arabia    0.7%    0.6%    0.9%    0.6%    0.7%
South Africa    –    0.4%    –    0.7%    1.1%

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