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Foreign Investments - General & Miscellaneous, Economic Development
Harnessing Foreign Direct Investment for Development: Policies for Developed and Developing Countries by Theodore H. Moran β€” book cover

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

by Theodore H. Moran
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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 goodβ€”and startlingly badβ€”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.

Synopsis

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.

About the Author, Theodore H. Moran

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).

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Book Details

Published
August 1, 2006
Publisher
Brookings Institute Press
Pages
190
Format
Paperback
ISBN
9781933286099

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