Understanding FDI-Assisted Economic Development by Sanjaya LallUnderstanding FDI-Assisted Economic Development by Sanjaya Lall

Understanding FDI-Assisted Economic Development

EditorSanjaya Lall, Rajneesh Narula

Paperback | November 16, 2009

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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 conditionsine qua nonfor 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 theEuropean Journal of Development Research.
Title:Understanding FDI-Assisted Economic DevelopmentFormat:PaperbackDimensions:308 pages, 9.21 × 6.14 × 0.68 inPublished:November 16, 2009Publisher:Taylor and FrancisLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0415568374

ISBN - 13:9780415568371

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