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Item Details
Title: FOREIGN INVESTMENT, DEVELOPMENT, AND GLOBALIZATION
CAN COSTA RICA BECOME IRELAND?
By: Eva Paus
Format: Hardback

List price: £69.99


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ISBN 10: 1403969833
ISBN 13: 9781403969835
Publisher: PALGRAVE USA
Pub. date: 13 October, 2005
Pages: 250
Description: Engages the hotly debated question of how globalization affects the prospects of developing countries focusing on foreign direct investment (FDI). The author argues that these changing dynamics will make it difficult for Costa Rica and other latecomers to follow in Ireland's footsteps and derive sustained development benefits from high tech FDI.
Synopsis: 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.
Illustrations: XVI, 250 p.
Publication: US
Imprint: Palgrave Macmillan
Returns: Returnable
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