Overview

This book presents surprisingly good—and startlingly bad—news. The good news highlights how foreign direct investment can make a contribution to development significantly more powerful and more varied than conventional measurements indicate. The bad news reveals that foreign direct investment can also distort host economies and polities with consequences substantially more adverse than critics and cynics have imagined.

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9781933286099

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This splendid book is indispensable to all concerned with serious discussion about the relationship between foreign investment and development. --Magnus Blomstrom, Stockholm School of Economics Ted Moran's penetrating yet subtle analysis exposes both the pitfalls and the potential of FDI. This study should be read and heeded by all concerned with how global engagement can promote economic development. --Robert Z. Lawrence, Kennedy School of Government, Harvard An easy-to-use guide for policymakers and analysts covering a wide spectrum of developing country experiences with FDI, from Lesotho and Madagascar on one end, to Korea and Mexico on the other. --Callisto Emas Madavo, former World Bank Vice President for Africa

This splendid book is indispensable to all concerned with serious discussion about the relationship between foreign investment and development. -Magnus Blomstrom, Stockholm School of Economics | Ted Moran's penetrating yet subtle analysis exposes both the pitfalls and the potential of FDI. This study should be read and heeded by all concerned with how global engagement can promote economic development. -Robert Z. Lawrence, Kennedy School of Government, Harvard | An easy-to-use guide for policymakers and analysts covering a wide spectrum of developing country experiences with FDI, from Lesotho and Madagascar on one end, to Korea and Mexico on the other. -Callisto Emas Madavo, former World Bank Vice President for Africa

"""This splendid book is indispensable to all concerned with serious discussion about the relationship between foreign investment and development."" —Magnus Blomstrom, Stockholm School of Economics |""Ted Moran's penetrating yet subtle analysis exposes both the pitfalls and the potential of FDI. This study should be read and heeded by all concerned with how global engagement can promote economic development."" —Robert Z. Lawrence, Kennedy School of Government, Harvard |""An easy-to-use guide for policymakers and analysts covering a wide spectrum of developing country experiences with FDI, from Lesotho and Madagascar on one end, to Korea and Mexico on the other."" —Callisto Emas Madavo, former World Bank Vice President for Africa"

This splendid book is indispensable to all concerned with serious discussion about the relationship between foreign investment and development. --Magnus Blomstrom, Stockholm School of Economics Ted Moran's penetrating yet subtle analysis exposes both the pitfalls and the potential of FDI. This study should be read and heeded by all concerned with how global engagement can promote economic development. --Robert Z. Lawrence, Kennedy School of Government, Harvard

Author Information

Theodore H. Moran is a nonresident fellow at the Center for Global Development and holds the Marcus Wallenberg Chair at the School of Foreign Service, Georgetown University. He is founder and director of the Landegger Program in International Business Diplomacy. His recent books include Does Foreign Direct Investment Promote Development? (CGD and IIE, 2005) and Beyond Sweatshops: Foreign Direct Investment and Globalization in Developing Countries (Brookings, 2002).

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