Does Foreign Direct Investment Promote Development?

Does Foreign Direct Investment Promote Development?

Author: Theodore Moran

Publisher: Columbia University Press

Published: 2005-04-15

Total Pages: 427

ISBN-13: 0881324639

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What is the impact of foreign direct investment (FDI) on development? The answer is important for the lives of millions—if not billions—of workers, families, and communities in the developing world. The answer is crucial for policymakers in developing and developed countries, and in multilateral agencies. This volume gathers together the cutting edge of new research on FDI and host country economic performance and presents the most sophisticated critiques of current and past inquiries. It probes the limits of what can be determined from available evidence and from innovative investigative techniques. In addition, the book presents new results, concludes with an analysis of the implications for contemporary policy debates, and proposes new avenues for future research.


Globalization and Technology Absorption in Europe and Central Asia

Globalization and Technology Absorption in Europe and Central Asia

Author:

Publisher: World Bank Publications

Published: 2008

Total Pages: 150

ISBN-13: 0821375849

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Innovation and cross-border absorption of knowledge are central forces behind economic convergence and sustained growth. Absorption of technology is a necessary step to promote the development of human capital and the productive base, paving the way for innovations at the global knowledge frontier. Research and development, patents, trade, and foreign direct investment are major channels of technological absorption, allowing diffusion of new ideas and manufacturing best practices among countries and firms. These channels constitute the central focus of this study. This study uses patent databases, surveys of enterprises, and case studies to investigate how specific channels of absorption molds decision making about technology. Trade and FDI flows show considerable promise as catalysts for the region to upgrade its technology and near the global technology frontier. Econometric analysis using enterprise surveys from all Europe and Central Asia countries helps to understand the conditions and policies that induce firms to incorporate external knowledge and technology into their overall growth strategies.


Foreign Direct Investments (FDIs) and Opportunities for Developing Economies in the World Market

Foreign Direct Investments (FDIs) and Opportunities for Developing Economies in the World Market

Author: Malepati, Venkataramanaiah

Publisher: IGI Global

Published: 2017-12-30

Total Pages: 333

ISBN-13: 1522530274

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The role of foreign direct investment initiatives is pivotal to effective enterprise development. This is particularly vital to emerging economies that are building their presence in international business markets. Foreign Direct Investments (FDIs) and Opportunities for Developing Economies in the World Market is a critical scholarly publication that explores the importance of global stocks to new economic structures and explores the effects that these holdings have on the financial status of growing nations. Featuring a broad range of topics, such as economic transformation, investment in production facilities, and foreign direct investors, this publication is geared towards academicians, practitioners, and researchers seeking current and relevant research on the importance of global investment in new and growing financial municipalities.


Technology Transfer and Innovation for Low-Carbon Development

Technology Transfer and Innovation for Low-Carbon Development

Author: Miria Pigato

Publisher: World Bank Publications

Published: 2020-04-09

Total Pages: 231

ISBN-13: 1464815003

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Technological revolutions have increased the world’s wealth unevenly and in ways that have accelerated climate change. This report argues that achieving The Paris Agreement’s objectives would require a massive transfer of existing and commercially proven low-carbon technologies (LCT) from high-income to developing countries where the bulk of future emissions is expected to occur. This mass deployment is not only a necessity but also an opportunity: Policies to deploy LCT can help countries achieve economic and other development objectives, like improving human health, in addition to reducing greenhouse gases (GHGs). Additionally, LCT deployment offers an opportunity for countries with sufficient capabilities to benefit from participation in global value chains and produce and export LCTs. Finally, the report calls for a greater international involvement in supporting the poorest countries, which have the least access to LCT and finance and the most underdeveloped physical, technological, and institutional capabilities that are essential to benefit from technology.


Multinational Companies, Knowledge and Technology Transfer

Multinational Companies, Knowledge and Technology Transfer

Author: Alper Sönmez

Publisher: Springer Science & Business Media

Published: 2013-12-18

Total Pages: 385

ISBN-13: 3319020331

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This book provides evidence on how FDI leads to knowledge and technology transfers towards domestic firms by paying attention to the role of multinational companies. The author presents a comprehensive empirical research conducted at firm-level in the Turkish automotive industry. Using a representative sample of face-to-face in-depth interviews with top-executives and a survey of top level managers of domestic suppliers, the research analyzes the existence, channels, intensity and determinants, and the kind of transfers that occur at both inter- and intra-firm level in the industry. The author contends that policies aimed at attracting FDI flows should be re-examined under the findings and insights of this study since it is a necessary – although not sufficient - condition to have an efficient absorptive capacity level and/or skilled human capital stock in order to benefit from these flows. This study has policy implications for the automotive industry as well as practical recommendations for the public institutions and top-executives in emerging country companies and multinationals in order to conceive and implement science and technology policies in supporting the knowledge transfers.


The Role of Foreign Direct Investment in East Asian Economic Development

The Role of Foreign Direct Investment in East Asian Economic Development

Author: Takatoshi Ito

Publisher: University of Chicago Press

Published: 2007-12-01

Total Pages: 396

ISBN-13: 0226387046

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The international flow of long-term private capital has increased dramatically in the 1990s. In fact, many policymakers now consider private foreign capital to be an essential resource for the acceleration of economic growth. This volume focuses attention on the microeconomic determinants and effects of foreign direct investment (FDI) in the East Asian region, allowing researchers to explore the overall structure of FDI, to offer case studies of individual countries, and to consider their insights, both general and particular, within the context of current economic theory.


OECD Investment Policy Perspectives 2008

OECD Investment Policy Perspectives 2008

Author: OECD

Publisher: OECD Publishing

Published: 2009-01-07

Total Pages: 158

ISBN-13: 926405684X

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A new annual from the OECD that includes articles covering recent issues in international investment policy. This edition includes articles on FDI spillovers, regulation, guarantees and insurance, liberalisation, and OECD's Global Forum.


Solving the Riddle of Globalization and Development

Solving the Riddle of Globalization and Development

Author: Manuel Agosin

Publisher: Routledge

Published: 2006-11-22

Total Pages: 432

ISBN-13: 1135987297

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In the past two decades many developing countries have embraced the challenge of globalization by rushing to dismantle trade barriers and to promote increasingly liberal market-oriented policies. However, a broader response to globalization is both necessary and possible if countries are to develop as quickly and as fully as possible. Exploring this complex interrelationship between globalization, liberalization, and human and social development, this innovative book undertakes a full analysis of development policy, strategy and practice in a variety of countries, with equal weight provided to Asia, Latin America and Africa. An internationally renowned team of contributors examines the complex network of connections and the implications for international development policy, strategy and practice. Advocating the inclusion of sustainable human development as a key element in countries' responses to globalization, key points highlighted include the need to nurture an enabling environment, and to promote education and R&D. These elements, coupled with sound macroeconomic management, are all required in equipping a country to integrate more effectively into the world economy. This innovative new approach to globalization and development set out in this volume will be essential reading for academics and practitioners alike.


Making Foreign Direct Investment Work for Sub-Saharan Africa

Making Foreign Direct Investment Work for Sub-Saharan Africa

Author: Thomas Farole

Publisher: World Bank Publications

Published: 2014-01-13

Total Pages: 302

ISBN-13: 1464801266

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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.