Does Foreign Direct Investment Promote Development?

by Moran, Theodore H.

• ISBN13: 9780881323818
• ISBN10: 0881323810
• Format: Paperback
• Copyright: 2005-06-30
• Publisher: Peterson Inst for Intl Economics

Summary

Examines the impact of foreign direct investment on workers, families, and communities in the developing world. Concludes with an analysis of the implications for contemporary policy debates and proposed new avenues for future research.

Table of Contents

Preface	xi
1 Introduction and Overview	1	(22)
Theodore H. Moran, Edward M. Graham, and Magnus Blomström
I Searching for Externalities and Spillovers
2 The Impact of Inward FDI on Host Countries: Why Such Different Answers?	23	(22)
Robert E. Lipsey and Fredrik Sjöholm
3 Disentangling FDI Spillover Effects: What Do Firm Perceptions Tell Us?	45	(28)
Beata Smarzynska Javorcik and Mariana Spatareanu
4 Foreign Direct Investment and Externalities: The Case for Public Intervention	73	(34)
Garrick Blalock and Paul J. Gertler
5 R&D Activities of Foreign and National Establishments in Turkish Manufacturing	107	(30)
Asim Erdilek
6 Foreign Direct Investment and Local Economic Development: Beyond Productivity Spillovers	137	(22)
Holger Görg and Eric Strobl
7 Multinational Firms and Backward Linkages: A Critical Survey and a Simple Model	159	(16)
Ping Lin and Kamal Saggi
Comment
Gordon Hanson	175	(4)
Michael P. Keane	179	(16)
II Impact of FDI on Host-Country Growth
8 Does Foreign Direct Investment Accelerate Economic Growth?	195	(26)
Maria Carkovic and Ross Levine
9 Inappropriate Pooling of Wealthy and Poor Countries in Empirical FDI Studies	221	(24)
Bruce A. Blonigen and Miao Grace Wang
10 Intrafirm Trade of US MNCs: Findings and Implications for Models and Policies Toward Trade and Investment	245	(28)
Susan E. Feinberg and Michael P. Keane
Comment
Marc J. Melitz	273	(8)
III Designing Policies to Capture Beneficial Effects
11 How Does FDI Affect Host Country Development? Using Industry Case Studies to Make Reliable Generalizations	281	(34)
Theodore H. Moran
12 China's Policies on FDI: Review and Evaluation	315	(22)
Guoqiang Long
13 Is Africa's Skepticism of Foreign Capital Justified? Evidence from East African Firm Survey Data	337	(30)
Todd J. Moss, Vijaya Ramachandran, and Manju Kedia Shah
Comment
Robert Z. Lawrence	367	(8)
IV Conclusions and Implications for Policy
14 Conclusions and Implications for FDI Policy in Developing Countries, New Methods of Research, and a Future Research Agenda	375	(22)
Theodore H. Moran, Edward M. Graham, and Magnus Blomström
About the Contributors	397	(8)
Index	405