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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One basic problem is that truly exogenous factors driving FDI are hard to come by . The theoretical literature suggests that firms choose between FDI or exports as a means to serve a foreign market based on such factors as tariffs ...
Substantial differences in the factors that determine MNE activity between the United States and LDCs versus the United States and DCs apparently exist . This casts doubt on the CMM specification's ability to identify vertical versus ...
These factors have manifested themselves in many ways , including a range of business environment factors that impede greater foreign flows . Although much of the ideological resistance has faded , a number of specific challenges to the ...
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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 |