The Next Crisis?: Direct and Equity Investment in Developing Countries David Woodward

ISBN: 9781856496704

Published:

Paperback

240 pages


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The Next Crisis?: Direct and Equity Investment in Developing Countries  by  David Woodward

The Next Crisis?: Direct and Equity Investment in Developing Countries by David Woodward
| Paperback | PDF, EPUB, FB2, DjVu, talking book, mp3, RTF | 240 pages | ISBN: 9781856496704 | 10.52 Mb

Foreign direct investment (FDI) has been heralded as the key to Third World economic growth. David Woodward looks exactly at the impact of FDIs. He assesses the scale of the flows involved, their systematic under-valuation and geographically skewedMoreForeign direct investment (FDI) has been heralded as the key to Third World economic growth.

David Woodward looks exactly at the impact of FDIs. He assesses the scale of the flows involved, their systematic under-valuation and geographically skewed distribution, and their extremely high rates of return. He also examines the risks of large substantial outflows of resources, and the massive shift toward foreign ownership required to avoid them. The book gives an incisive account of the adverse implications for many traditional Third World societies, and the threat to their national sovereignty, social welfare, and democratic rights.



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