Outward Foreign Direct Investment (OFDI) as overseas investment leads to long-term repatriation of the profits from host to home country. The theoretical framework of OFDI and the determinants of the same are important elements in the international economic environment. The present study aims to build a critical discussion on Outward FDI theories and the determinants of OFDI. Researchers and policymakers in the area of international investment will be benefitted from the theoretical research.
