Foreign Direct Investment and Development: Launching a Second Generation of Policy Research : Avoiding the Mistakes of the First, Reevaluating...

Foreign Direct Investment and Development: Launching a Second Generation of Policy Research : Avoiding the Mistakes of the First, Reevaluating...
ISBN-10
0881326003
ISBN-13
9780881326000
Series
Foreign Direct Investment and Development
Category
Investments, Foreign
Pages
183
Language
English
Published
2011
Publisher
Peterson Institute
Author
Theodore H. Moran

Description

In this cutting-edge analysis of foreign direct investment (FDI), Moran--one of the acknowledged experts in this area--questions traditional econometric measures of foreign direct investment flows, identifies flaws in past research, elaborates on how the latest research has moved More ... into new territory, and provides a first look at what new research has uncovered. Moran concentrates on FDI in the manufacturing and assembly sector, and discusses if FDI in manufacturing raises the productivity of host country economic activities, if FDI makes the host more competitive in new sectors, and generates externalities that benefit local firms and workers. He provides important new data on the kinds of activities, types of jobs, and level of wages associated with multinational manufacturing investment. This volume dissects the market failures associated with the contemporary idea of development as selfdiscovery, and addresses the tricky question of whether to provide incentives for FDI. In addition, he provides a novel reassessment of the debate about FDI crowding-out or crowding-in domestic investment. This book provides insight and lessons for developing and developed countries, NGOs, the corporate responsibility community, and multilateral lending institutions

Get the book

Amazon.com
Amazon.com
Search the book
eBay.com
eBay.com
Search the book

Other editions

Similar books