Foreign direct investment, smart policies and economic growth
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Date
2017
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
SAGE Publications Ltd
Access Rights
info:eu-repo/semantics/closedAccess
Abstract
Developing economies need foreign direct investments to complement domestic investment with a view to increase capital accumulation, productivity and growth rates. But, foreign direct investments (FDIs) may have costs in addition to the well-known benefits to the host country. Generating higher net benefits from FDI necessitates design and implementation of ‘smart’ investment policies by the host countries rather than the current orthodoxy of ‘neutral’ FDI policies, which is based on liberalizing the FDI inflows and aim to attract ‘any’ kind of FDI. In this article, we discuss such polices and how they relate to host country circumstances. © 2017, © 2017 SAGE Publications.
Description
Keywords
FDI, growth, productivity, smart policies, spillovers, technology
Journal or Series
Progress in Development Studies
WoS Q Value
Q3
Scopus Q Value
Q2
Volume
17
Issue
3
