Next Crisis: Direct & Equity Investment in Developing Countries

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Our Price: $20.00

Year: 2001
Pages: 240
Binding Paperback
ISBN 1856496708

Product Code: 756793939

Description

David Woodward (au). Foreign direct invest. (FDI) (& to a lesser extent portfolio equity invest.) have been widely heralded as the key benefit that globalization now offers the South & the principal mechanism to kickstart economies into rapid growth. But how beneficial is the new wave of foreign invest. likely to provide? This penetrating economic study analyzes what is actually happening, its various impacts & just how little we know. Shows how FDI may have actually contributed to the Asian financial crisis & could in the future lead to a new wave of similar financial crises throughout the developing world. Raises profound questions about the current euphoria over attracting foreign investment & suggests important new research agendas. Charts & graphs.

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