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Foreign Investment, Development, and Globalization - Can Costa Rica Become Ireland? (Hardcover, 2005 ed.)
Loot Price: R1,486
Discovery Miles 14 860
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Foreign Investment, Development, and Globalization - Can Costa Rica Become Ireland? (Hardcover, 2005 ed.)
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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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