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Foreign Investment, Development, and Globalization

Can Costa Rica Become Ireland?

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Kurzbeschreibung

This book engages the question, hotly debated among theorists and policymakers alike, of how a developing country's pursuit of foreign direct investment (FDI) affects its development prospects in a globalized world. Can small latecomers to economic development use high-tech FDI to rapidly expand indigenous capabilities, thus shortcutting stages of the industrialization process? What conditions, economic and non-economic, must be met for this strategy to succeed? Using the cases of Ireland and Costa Rica, the author shows how the dynamics of the FDI-development nexus have changed over time, rendering problematic Costa Rica's attempt, and those of other latecomers, to replicate the Celtic Tiger's success story.

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Titel: Foreign Investment, Development, and Globalization
Autoren/Herausgeber: E. Paus
Ausgabe: 1st ed. 2005

ISBN/EAN: 9781349531523

Seitenzahl: 250
Format: 21,6 x 14 cm
Produktform: Taschenbuch/Softcover
Gewicht: 343 g
Sprache: Englisch

Eva Paus is Professor of Economics and the Carol Hoffmann Collins Director of the Dorothy R. and Norman E. McCulloch Center for Global Initiatives at Mount Holyoke College, USA.

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