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Changing Perceptions of Foreign Direct Investment in Development

In: International Trade, Foreign Direct Investment and the Economic Environment

Author

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  • Sanjaya Lall

Abstract

This paper reviews some current views on the benefits of foreign direct investment (FDI) to developing countries and proposes the appropriate policies that they should adopt to transnational corporations (TNCs). It starts with emerging trends in the FDI scene of importance to developing countries. It then looks at the question of whether TNCs will, as is being proposed in some neo-liberal analyses of development, be the new “custodians of development”. In this context it considers whether fully liberal policies on their entry should be recommended as a general strategy.

Suggested Citation

  • Sanjaya Lall, 1998. "Changing Perceptions of Foreign Direct Investment in Development," Palgrave Macmillan Books, in: P. K. M. Tharakan & D. Bulcke (ed.), International Trade, Foreign Direct Investment and the Economic Environment, chapter 7, pages 101-134, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-14030-5_7
    DOI: 10.1007/978-1-349-14030-5_7
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    Cited by:

    1. Ingo Liefner & Stefan Hennemann & Lu Xin, 2006. "Cooperation in the Innovation Process in Developing Countries: Empirical Evidence from Zhongguancun, Beijing," Environment and Planning A, , vol. 38(1), pages 111-130, January.
    2. Shaolong Zeng & Lingyun Gao & Rui Shen & Yingying Ma & Haiping Li, 2020. "Fiscal Decentralization, Pollution and China’s Tourism Revenue," Sustainability, MDPI, vol. 12(5), pages 1-11, March.
    3. Hennemann Stefan & Liefner Ingo, 2006. "Kooperations- und Innovationsverhalten von chinesischen Hochtechnologieunternehmen: Empirische Ergebnisse aus Beijing und Shanghai," ZFW – Advances in Economic Geography, De Gruyter, vol. 50(1), pages 58-71, October.
    4. Noorbakhsh, Farhad & Paloni, Alberto & Youssef, Ali, 2001. "Human Capital and FDI Inflows to Developing Countries: New Empirical Evidence," World Development, Elsevier, vol. 29(9), pages 1593-1610, September.

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