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Foreign Investment, Development, and Globalization
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Foreign Investment, Development, and Globalization : Can Costa Rica Become Ireland?

2005 ed.

Book Details

Format Hardback or Cased Book
ISBN-10 1403969833
ISBN-13 9781403969835
Edition 2005 ed.
Publisher Palgrave USA
Imprint Palgrave Macmillan
Country of Manufacture GB
Country of Publication GB
Publication Date Oct 13th, 2005
Print length 250 Pages
Ksh 8,100.00
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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.
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.

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