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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Although the aggregate data may suggest that the development of linkages has stagnated since the mid - 1990s , Görg and Ruane ( 2001 ) present econometric evidence to suggest that individual firms increase their linkages over time .
More generally , " openness " -defined in a less narrow sense than FDI inflows — may be crucial for economic success , as suggested by other research ( e.g. , Bekaert , Harvey , and Lundblad 2001 ; Klein and Olivei 2000 ) .
Implications for Further Research The preceding sections suggest that future research will be more valuable — and more convincing — if the researchers do not mix data from foreign investment projects oriented toward protected domestic ...
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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 |