Foreign Direct Investment and the World Economy
by
Ashoka Mody
Book Details
Format
Hardback or Cased Book
Book Series
Routledge Studies in the Modern World Economy
ISBN-10
0415701929
ISBN-13
9780415701921
Publisher
Taylor & Francis Ltd
Imprint
Routledge
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Dec 7th, 2006
Print length
272 Pages
Weight
660 grams
Product Classification:
Politics & governmentInternational economicsDevelopment economics & emerging economies
Ksh 8,450.00
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Asking the question of whether Foreign Direct Investment (FDI) is 'integrating' the world economy, this comprehensive volume consists of an overview of current FDI research.
Asking the question of whether Foreign Direct Investment (FDI) is ''integrating'' the world economy, this comprehensive volume consists of an overview of current FDI research.
While the term ''integrating'' is often used, the real test should be whether FDI is instrumental in bringing per capita incomes across countries closer together. By this yardstick, the answer is no. The forces driving FDI are strong; they lead it to flow to countries with attractive investment conditions and, moreover, investors have a tendency to follow each other. It is in such settings that FDI appears to have the most beneficial effect in raising growth.Written by an authority in this area, Ashoka Mody, this book will greatly appeal to all international and development economists.
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