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To what extent can foreign direct investment help achieve international development goals?

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dc.creator Nunnenkamp, Peter
dc.date 2002
dc.date.accessioned 2013-10-16T06:03:13Z
dc.date.available 2013-10-16T06:03:13Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/2843
dc.identifier ppn:355404761
dc.identifier ppn:355404761
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/2843
dc.description For FDI to help achieve the international development goal of halving absolute poverty, two conditions have to be met. First, poor developing countries need to be attractive to foreign investors. Second, the host-country environment in which foreign investors operate must be conducive to favourable FDI effects with regard to overall investment, economic spillovers and income growth. This paper argues that it is much more difficult to benefit from FDI than to attract FDI. Weak markets and institutions typically prevailing in poor countries tend to seriously constrain the growth-enhancing and povertyalleviating effects of FDI. The crux is that creating an environment in which FDI may deliver social returns will take considerable time exactly where development needs are most pressing.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Kieler Arbeitspapiere 1128
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject F30
dc.subject ddc:330
dc.subject development financing
dc.subject domestic investment
dc.subject economic growth
dc.subject poverty reduction
dc.subject Direktinvestition
dc.subject Entwicklungsfinanzierung
dc.subject Armutspolitik
dc.subject Spillover-Effekt
dc.subject Standortfaktor
dc.subject Entwicklungsländer
dc.title To what extent can foreign direct investment help achieve international development goals?
dc.type doc-type:workingPaper


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