Foreign direct investment and development : launching a second generation of policy research : avoiding the mistakes of the first, reevaluating policies for developed and developing countries / Theodore H. Moran.

Format:

Book

Author/Creator:

Moran, Theodore H., 1943-

Contributor:

Peterson Institute for International Economics.

Language:

English

Subjects (All):

Investments, Foreign--Government policy.

Investments, Foreign.

Investments, Foreign--Government policy--Developing countries.

Developing countries.

Physical Description:

xi, 170 pages ; 23 cm

Place of Publication:

Washington, D.C. : Peterson Institute for International Economics, 2011.

Summary:

Moran (foreign service, Georgetown U.) examines past research on the interaction between foreign investors and developing host economies and identifies 12 channels though which foreign direct investment can have a positive or negative impact on the real income, standard of living, and growth rate of the host economy. The analysis reveals differences among the natural resource, infrastructure, manufacturing, assembly, and service sectors, yielding specific recommendations for improving the accuracy and usefulness of future research. Annotation ©2011 Book News, Inc., Portland, OR (booknews.com)

Contents:

Introduction and overview

FDI in extractive industries

FDI in infrastructure

FDI in manufacturing and assembly

First look at impact of FDI in services

Reconsidering the debate about FDI "crowding out" or "crowding in" domestic investment

FDI, host-country growth, and structural transformation : how large are the gains, and should FDI be subsidized?

The globalization of industry via FDI : consequences for developed-country home economies

Policy implications

Lessons and concluding observations.

Notes:

Includes bibliographical references (pages 143-159) and index.

ISBN:

0881326003

9780881326000

OCLC:

703623710

Publisher Number:

99946405933