Author : E. Paus
Publisher : Springer
ISBN 13 : 1403978816
Total Pages : 250 pages
Book Rating : 4.13/5 ( download)
Book Synopsis Foreign Investment, Development, and Globalization by : E. Paus
Download or read book Foreign Investment, Development, and Globalization written by E. Paus and published by Springer. This book was released on 2005-10-13 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book engages the question, hotly debated among theorists and policymakers alike, of how a developing country's pursuit of foreign direct investment (FDI) affects its development prospects in a globalized world. Can small latecomers to economic development use high-tech FDI to rapidly expand indigenous capabilities, thus shortcutting stages of the industrialization process? What conditions, economic and non-economic, must be met for this strategy to succeed? Using the cases of Ireland and Costa Rica, the author shows how the dynamics of the FDI-development nexus have changed over time, rendering problematic Costa Rica's attempt, and those of other latecomers, to replicate the Celtic Tiger's success story.