|
EconStor >
Institut für Weltwirtschaft (IfW), Kiel >
Kieler Arbeitspapiere, IfW >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/2843
|
| | |
| Title: | | To what extent can foreign direct investment help achieve international development goals?  |
| Authors: | | Nunnenkamp, Peter |
| Issue Date: | | 2002 |
| Series/Report no.: | | Kieler Arbeitspapiere 1128 |
| Abstract: | | For FDI to help achieve the international development goal of halving absolute poverty, two conditions have to be met. First, poor developing countries need to be attractive to foreign investors. Second, the host-country environment in which foreign investors operate must be conducive to favourable FDI effects with regard to overall investment, economic spillovers and income growth. This paper argues that it is much more difficult to benefit from FDI than to attract FDI. Weak markets and institutions typically prevailing in poor countries tend to seriously constrain the growth-enhancing and povertyalleviating effects of FDI. The crux is that creating an environment in which FDI may deliver social returns will take considerable time exactly where development needs are most pressing. |
| Subjects: | | development financing domestic investment economic growth poverty reduction |
| JEL: | | F30 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des IfW Economists Online Kieler Arbeitspapiere, IfW
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/2843
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|