It is nowadays well accepted that both economic growth and development are highly dependent on improving not just the availability of capital, but also access to technological capabilities, infrastructure and resources. This has gone hand-in-hand with an increasing economic liberalization of most developing countries. The role of the MNE as a viable source of both capital and technology is one of the key features of this new openness. In the process of embracing FDI as a solution to the myriad of economic ills - something even the World Bank has begun to do - little attempt is made to understand the rationale and the costs associated with this policy stance. Simply put, FDI is not a condition sine qua non for development. Too much emphasis has been placed on attracting FDI, and not on understanding how to optimise the benefits for the host economy. This volume aims to encourage and promote research related to these issues. This volume was previously published as a special issue of the European Journal of Development Research.

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.

Explores three related issues of foreign direct investment (FDI) from the point of view of the host country: benefits and risks; the effectiveness of international markets in providing FDI to developing countries; and the kinds of policies that allow countries to capture the benefits and avoid the risks of FDI. Annotation copyrighted by Book News, Inc., Portland, OR

The development industry has been criticized recently from very diverse quarters. This book is a nuanced and original investigation of Northern donor agency personnel as they deliver aid in Tanzania. The author explores in particular how donor identities are manifested in the practices of development aid, and how calls for equal partnership between North and South are often very different in practice. She demonstrates the conflicts and tensions in the development aid process. These reflect both the longstanding critique of the Eurocentric nature of development, and discourse that still assumes images of the superior, initiating, efficient 'donor' as opposed to the inadequate, passive, unreliable 'partner' or recipient. This book will be useful to students seeking an introduction to postcolonial studies and the ways in which it can throw light on contemporary social realities, and to scholars interested in the ethnographic realities of aid delivery.

This book presents the results of a groundbreaking study on ‘spillovers’ of knowledge and technology from global value-chain oriented foreign direct investment (FDI) in Sub-Saharan Africa, and discusses implications for policymakers hoping to harness the power of FDI for economic development.

Using quantitative data, this book addresses internationalisation by focussing on the impact of Foreign Direct Investment and democracy on economic development and the effects of economic internationalisation on democracy.

This volume examines the economics of foreign direct investment (FDI) in developing countries. Some chapters are theoretical in nature, others empirical, and still others are largely policy-oriented. Topics covered include whether FDI makes an autonomous contribution to growth in these nations and whether or not "spillovers" are generated by this investments. Also covered are effects of policy intervention by governments on FDI flows and whether non-economic factors (e.g. cultural factors) might figure as determinants of location of FDI.