Harnessing Foreign Direct Investment for Development: Policies for Developed and Developing Countries / Edition 1

Harnessing Foreign Direct Investment for Development: Policies for Developed and Developing Countries / Edition 1

by Theodore H. Moran
     
 

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

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Overview

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.

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Product Details

ISBN-13:
9781933286099
Publisher:
Brookings Institution Press
Publication date:
08/28/2006
Edition description:
New Edition
Pages:
190
Product dimensions:
6.00(w) x 9.00(h) x 0.44(d)

Meet the Author

Theodore H. Moran is a nonresident fellow at the Center for Global Development and holds the Marcus Wallenberg Chair at the School of Foreign Service, Georgetown University. He is founder and director of the Landegger Program in International Business Diplomacy. His recent books include Does Foreign Direct Investment Promote Development? (CGD and IIE, 2005) and Beyond Sweatshops: Foreign Direct Investment and Globalization in Developing Countries (Brookings, 2002).

Table of Contents

Preface
Introduction: Revising the "Washington Consensus": New Perspectives on Foreign Direct Investment and Development
1. Using Industrial Globalization to Improve the Development of Host Countries
2. Enhancing the Ability of Poor Countries to Attract and Harness FDI for Development
3. FDI in Extractive Industries and Infrastructure
4. The Impoct of Outward Investment on the Home Economy
5. Improving Efforts to Support Developing Country Growth through FDI
6. Conclusions and Policy Implications
Notes
Index

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