Find in Library

In recent years, there has been a renewed interest in the flow of foreign direct investment to developing countries, both as a source of foreign capital and of improved technology and management systems. The developing (host) and industrial (source) countries, as well as international organizations, increasingly advocate a substantial expansion in the share of foreign direct investment in the overall flow of financial resources to developing countries that have deficits in their balance of payments. Two basic reasons have been suggested for this renewed interest…