Does Foreign Direct Investment Promote Development?Theodore H. Moran, Magnus Blomstrom, Edward Montgomery Graham, Magnus Blomström What is the impact of foreign direct investment (FDI) on development? The answer is important for the lives of millions--if not billions--of workers, families, and communities in the developing world. The answer is crucial for policymakers in developing and developed countries, and in multilateral agencies. This volume gathers together the cutting edge of new research on FDI and host country economic performance and presents the most sophisticated critiques of current and past inquiries. It probes the limits of what can be determined from available evidence and from innovative investigative techniques. In addition, the book presents new results, concludes with an analysis of the implications for contemporary policy debates, and proposes new avenues for future research. |
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country plant's average cost of production . This may have implications for the survival of domestic plants , as we discuss in Görg and Strobl ( 2003 ) . Audretsch ( 1991 , 1995 ) argues that the probability of plant i remaining in ...
T_COST ; is the trade cost in the host country and is expected to have a positive coefficient , since higher trade costs in the host country make exporting to that market more expensive , increasing the relative benefits from FDI .
Experience of general manager years 25 Foreign Domestic 20 15 10 5 0 Tanzania Uganda Kenya Source : World Bank , RPED . despite the structural constraints , revenues from operations will exceed their costs . By definition , Profit = ( P ...
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Contents
RD Activities of Foreign and National | 107 |
Foreign Direct Investment and Local Economic | 137 |
Comment | 175 |
Copyright | |
11 other sections not shown
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Does Foreign Direct Investment Promote Development? Theodore Moran,Edward M Graham,Magnus Blomström Limited preview - 2005 |