Does Foreign Direct Investment Promote Development?Theodore H. Moran, Edward Montgomery Graham, Magnus Blomstrom, 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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Foreign Investment Policy Over the past 40 years , government regulation has shifted dramatically from a policy antagonistic to FDI to a policy actively encouraging it ( Wie 1994a , 137–66 ; Hill 1988 ; Pangestu 1996 ) .
The evidence supports the contention that foreign investors take time to learn how to take advantage of potential suppliers, and that local businesses must pass certain basic thresholds to qualify. The backward linkages from foreign ...
regulatory systems that protect property and reward savings and investment, low levels of corruption — that create ... To complete the list, the third category of "investment promotion" expenditures involves meeting foreign investor ...
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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 |