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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1 allowed FDI with few restrictions , in practice obtaining an operating license was onerous . Nevertheless , FDI , primarily from Japan , did begin to flow into labor - intensive sectors , such as textiles .
These sentiments have manifested themselves through a range of barriers to foreign investment , including nationalization of foreign firms , heavy state intervention in the economy , direct legal restrictions on foreign investment ...
The only restricted sector is agriculture , although agroprocessing has been allowed , and the cabinet has approved some exceptions in the case of ... Uganda opened a stock market in 1999 with no restrictions of any kind on foreigners .
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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 |