Foreign Direct Investment and The Developing World
A recent meta-analysis of the effects of foreign direct investment on local firms in developing and transition countries suggest that foreign investment robustly increases local productivity growth. The Commitment to Development Index ranks the "development-friendliness" of rich country investment policies.
Read more about this topic: Foreign Direct Investment
Famous quotes containing the words foreign, direct, investment, developing and/or world:
“I journeyed to London, to the timekept City,
Where the River flows, with foreign flotations.
There I was told: we have too many churches,
And too few chop-houses.”
—T.S. (Thomas Stearns)
“I should say that the most prominent scientific men of our country, and perhaps of this age, are either serving the arts and not pure science, or are performing faithful but quite subordinate labors in particular departments. They make no steady and systematic approaches to the central fact.... There is wanting constant and accurate observation with enough of theory to direct and discipline it. But, above all, there is wanting genius.”
—Henry David Thoreau (18171862)
“The only thing that was dispensed free to the old New Bedford whalemen was a Bible. A well-known owner of one of that citys whaling fleets once described the Bible as the best cheap investment a shipowner could make.”
—For the State of Massachusetts, U.S. public relief program (1935-1943)
“By contrast with history, evolution is an unconscious process. Another, and perhaps a better way of putting it would be to say that evolution is a natural process, history a human one.... Insofar as we treat man as a part of naturefor instance in a biological survey of evolutionwe are precisely not treating him as a historical being. As a historically developing being, he is set over against nature, both as a knower and as a doer.”
—Owen Barfield (b. 1898)
“As our actual present world ... shows itself more clearlyour world of an aristocracy materialised and null, a middle-class purblind and hideous, a lower class crude and brutalwe shall turn our eyes again, and to more purpose, upon this passionate and dauntless soldier of a forlorn hope.”
—Matthew Arnold (18221888)