Welcome to the new Anthem Press website, currently in BETA mode. The fully functional and updated site will be live soon!

Rethinking Foreign Investment for Sustainable Development

Rethinking Foreign Investment for Sustainable Development

Lessons from Latin America

Edited by Kevin P. Gallagher & Daniel Chudnovsky, Foreword by José Antonio Ocampo

Consisting of country case studies and comparative analyses from Latin American and US based political economists, this volume addresses the shortcomings of foreign investment for development, and sets out the challenges facing policy makers in this field.

Paperback, 322 Pages

ISBN:9781843313281

January 2010

£25.00, $40.00

More Retailers>

  • About This Book
  • Reviews
  • Author Information
  • Series
  • Table of Contents
  • Recently Viewed Titles

About This Book

After almost twenty-five years of experimenting with the neo-liberal economic reforms collectively known as ‘Washington Consensus’ policies, Latin Americans are starting to re-assess the merits of these policies – at the voting booth. Many newly elected governments are beginning to scrutinize the role of foreign direct investment (FDI) in particular, and some nations have gone so far as to nationalize foreign firms. Without endorsing or condoning the actions taken by these governments, this volume demonstrates that it is quite rational for governments in the region to re-evaluate the role of FDI for their development paths.

The great promise of FDI by multinational corporations is that capital will flow into your country and be a source of dynamic growth. Beyond boosting income and employment, the hope was that manufacturing FDI would bring knowledge spillovers that would build the skill and technological capacities of local firms, catalyzing broad-based economic growth; and environmental spillovers that would mitigate the domestic ecological impacts of industrial transformation.

Consisting of country case studies and comparative analyses from Latin American and U.S.-based political economists, this volume finds that when FDI did materialize if often fell far short of generating the necessary linkages required to make FDI work for sustainable economic development.

Reviews

No reviews for this title.

Author Information

Kevin P. Gallagher is Assistant Professor of International Relations at Boston University and research associate at the Global Development and Environment Institute, Tufts University.

Daniel Chudnovsky (1944-2007) was Director of the Centro de Investigaciones para la Transformación (CENIT) and Professor at the Universidad de San Andrés.

José Antonio Ocampo is Professor of Professional Practice in International and Public Affairs and Director of the Program in Economic and Political Development at the School of International and Public Affairs, Columbia University.

Series

No series for this title.

Table of Contents

Foreword by José Antonio Ocampo; FDI and Sustainable Development in the Americas; Is Foreign Investment Always Good for Development?; Islands of Possibility; Foreign Investment and the Polarization of the Mexican Economy; A Missed Opportunity; Foreign Investment and Economic Development in Costa Rica; Investment Rules and Sustainable Development; Foreigners in the Forests; Bucking the Trend; Beyond Pollution Haloes; Missing Links, Dashed Hopes

Recently Viewed Titles

Latest Tweets

  • Edited by S. Ravi Rajan & Danielle Crawford and written by Hermínio Martins, The Technocene: Reflections on Bodies,… https://t.co/qhQL4zZHNG

    - 14:53:55 on 18/01/2019
  • Science Fiction in Colonial India, 1835–1905: Five Stories of Speculation, Resistance and Rebellion edited by Mary… https://t.co/MFd67cjeMx

    - 10:53:55 on 17/01/2019
  • Natan Sznaider recently reviewed The Anthem Companion to Karl Mannheim for Distinktion: Journal of Social Theory. T… https://t.co/xbfSxuPrCx

    - 10:53:55 on 15/01/2019
  • Adult Responses to Popular Music and Inter-Generational Relations in Britain, c.1955–1975 by Gillian A.M. Mitchell… https://t.co/cvFRpIGrBJ

    - 10:53:55 on 12/01/2019
  • Dialogues on Beckett: Whatever Happened to God? by Antoni Libera & Janusz Pyda, translated by Agnieszka Kolakowska… https://t.co/2MzNKbjDfx

    - 10:53:55 on 10/01/2019
  • Edited by Yuri Contreras-Vejar, Joanna Tice Jen and Bryan S Turner, new title Regimes of Happiness: Comparative and… https://t.co/qwn3WHroDB

    - 10:53:55 on 08/01/2019
  • Anthem Press title Conceptions of Dreaming from Homer to 1800 by G. W. Pigman III is coming soon! To learn more, cl… https://t.co/EX0p7g3ZPI

    - 10:53:55 on 05/01/2019
  • We're happy to announce the publication of Complexity of Transboundary Water Conflicts: Enabling Conditions for Neg… https://t.co/bQvhn3ETGV

    - 10:53:55 on 04/01/2019
  • The Truth About Confident Presenting by James S. O'Rourke IV is coming soon! Click on the following link to learn m… https://t.co/nC7E2ccoxb

    - 10:53:55 on 03/01/2019
  • A review of Secret Agents and the Memory of Everyday Collaboration in Communist Eastern Europe edited by Péter Apor… https://t.co/ysSXBwFbBe

    - 10:53:55 on 18/12/2018