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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a the parent and host country and is predicted by CMM to have a negative coefficient . The last five terms on the right - hand side of equation 9.1 capture trade and investment frictions . T_COST ; is the trade cost in the host country ...
other affiliates , affiliates with high IFT to parents are between two and three times the size of affiliates with no ... these MNCs are typically larger in terms of sales — both parent sales and the total sales of foreign affiliates .
Two of the six ended up as failures by parent investors ' estimates , with one — a mandatory joint venture in South Korea — being sold at a loss to the local partners as the MNC withdrew . The other four required ongoing trade ...
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Contents
RD Activities of Foreign and National | 107 |
Foreign Direct Investment and Local Economic | 137 |
Comment | 175 |
Copyright | |
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Does Foreign Direct Investment Promote Development? Theodore Moran,Edward M Graham,Magnus Blomström Limited preview - 2005 |