Does Foreign Direct Investment Promote Development?
Title | Does Foreign Direct Investment Promote Development? PDF eBook |
Author | Theodore H. Moran |
Publisher | Peterson Institute |
Pages | 442 |
Release | 2005 |
Genre | Business & Economics |
ISBN | 9780881323818 |
This volume gathers the cutting edge of new research on foreign direct investment and host country economic performance, and presents the most sophisticated critiques of current and past inquiries. It presents new results, concludes with an analysis of the implications for contemporary policy debates, and proposed new avenues for future research.
Foreign Direct Investment for Development Maximising benefits, minimising costs
Title | Foreign Direct Investment for Development Maximising benefits, minimising costs PDF eBook |
Author | OECD |
Publisher | OECD Publishing |
Pages | 225 |
Release | 2002-09-24 |
Genre | |
ISBN | 9264199284 |
Provides a comprehensive review of the issues related to the impact of FDI on development as well as to the policies needed to maximise the benefits.
Foreign Direct Investment and Development
Title | Foreign Direct Investment and Development PDF eBook |
Author | Theodore Moran |
Publisher | Columbia University Press |
Pages | 206 |
Release | 1998-12-01 |
Genre | Business & Economics |
ISBN | 0881323276 |
Foreign direct investment (FDI) has grown dramatically and is now the largest and most stable source of private capital for developing countries and economies in transition, accounting for nearly 50 percent of all those flows. Meanwhile, the growing role of FDI in host countries has been accompanied by a change of attitude, from critical wariness toward multinational corporations to sometimes uncritical enthusiasm about their role in the development process. What are the most valuable benefits and opportunities that foreign firms have to offer? What risks and dangers do they pose? Beyond improving the micro and macroeconomic "fundamentals" in their own countries and building an investment-friendly environment, do authorities in host countries need a proactive (rather than passive) policy toward FDI? In one of the most comprehensive studies on FDI in two decades, Theodore Moran synthesizes evidence drawn from a wealth of case literature to assess policies toward FDI in developing countries and economies in transition. His focus is on investment promotion, domestic content mandates, export-performance requirements, joint-venture requirements, and technology-licensing mandates. The study demonstrates that there is indeed a large, energetic, and vital role for host authorities to play in designing policies toward FDI but that the needed actions differ substantially from conventional wisdom on the topic. Dr. Moran offers a pathbreaking agenda for host governments, aimed at maximizing the benefits they can obtain from FDI while minimizing the dangers, and suggests how they might best pursue this agenda.
How Does Foreign Direct Investment Affect Economic Growth
Title | How Does Foreign Direct Investment Affect Economic Growth PDF eBook |
Author | Mr.Eduardo Borensztein |
Publisher | International Monetary Fund |
Pages | 26 |
Release | 1994-09-01 |
Genre | Business & Economics |
ISBN | 1451853270 |
We test the effect of foreign direct investment (FDI) on economic growth in a cross-country regression framework, utilizing data on FDI flows from industrial countries to 69 developing countries over the last two decades. Our results suggest that FDI is an important vehicle for the transfer of technology, contributing relatively more to growth than domestic investment. However, the higher productivity of FDI holds only when the host country has a minimum threshold stock of human capital. In addition, FDI has the effect of increasing total investment in the economy more than one for one, which suggests the predominance of complementarity effects with domestic firms.
Foreign Direct Investment and Development
Title | Foreign Direct Investment and Development PDF eBook |
Author | Theodore H. Moran |
Publisher | Peterson Institute |
Pages | 183 |
Release | 2011 |
Genre | Business & Economics |
ISBN | 0881326003 |
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
Partners Or Creditors? Attracting Foreign Investment and Productive Development to Central America and Dominican Republic
Title | Partners Or Creditors? Attracting Foreign Investment and Productive Development to Central America and Dominican Republic PDF eBook |
Author | Sebastián Auguste |
Publisher | |
Pages | |
Release | 2015-05-01 |
Genre | |
ISBN | 9781597822060 |
Harnessing Foreign Direct Investment for Development
Title | Harnessing Foreign Direct Investment for Development PDF eBook |
Author | Theodore H. Moran |
Publisher | CGD Books |
Pages | 190 |
Release | 2006 |
Genre | Business & Economics |
ISBN | 1933286091 |
Is foreign direct investment good for development? Moving beyond the findings of his previous book Does Foreign Direct Investment Promote Development? (CGD and IIE, 2005), Theodore H. Moran presents surprisingly good --and startlingly bad --news. The good news highlights how foreign direct investment can make a contribution to development significantly more powerful and more varied than conventional measurements indicate. The bad news reveals that foreign direct investment can also distort host economies and polities with consequences substantially more adverse than critics and cynics have imagined. This book rigorously examines the principal controversies and debates about FDI in manufacturing and assembly, extractive industries, and infrastructure, in light of new evidence and analysis. Written in engaging prose, it identifies how developed and developing countries, multilateral lending agencies, and civil society can work in concert to harness foreign direct investment to promote the growth and welfare of developing countries.