Harnessing Foreign Direct Investment for Development Policies for Developed and Developing Countries

by Moran, Theodore H.

• ISBN13: 9781933286099
• ISBN10: 1933286091
• Format: Paperback
• Copyright: 2006-09-30
• Publisher: Center for Global Development

Summary

Does foreign direct investment (FDI) channel capital and know-how to developing countries? Or does it bring corruption and abuse of labor standards? Harnessing Foreign Direct Investment for Development confirms that FDI's contribution to development can be extremely powerful but that some forms of FDI, especially in infrastructure, have serious adverse consequences. Theodore Moran shows for the first time how some investors circumvent U.S. and host country laws and international treaties outlawing corrupt payments without risking prosecution, and he offers recommendations on what to do about it. Book jacket.

Author Biography

Theodore H. Moran holds the Marcus Wallenberg Chair at the School of Foreign Service, Georgetown University

Table of Contents

Preface	xi
Introduction Revising the "Washington Consensus": New Perspectives on Foreign Direct Investment and Development	1	(5)
1 Using Industrial Globalization to Improve the Development of Host Countries	6	(39)
2 Enhancing the Ability of Poor Countries to Attract and Harness FDI for Development	45	(30)
3 FDI in Extractive Industries and Infrastructure	75	(22)
4 The Impact of Outward Investment on the Home Economy	97	(16)
S Improving Efforts to Support Developing Country Growth through FDI	113	(29)
6 Conclusions and Policy Implications	142	(9)
Notes	151	(14)
Index	165