Benefiting from a truly Pan-American perspective, these essays evaluate the economics and politics of the new patterns of North-South integration in the particular context of the Americas, questioning if regional and bilateral trade agreements like NAFTA, CAFTA or the FTAA are appropriate mechanisms to promote economic development.

This volume offers a wide-reaching exploration of foreign direct investment and developmental impacts through case studies from Africa, Asia, Latin America and Central Europe, also examining the role of 'new players' such as Chinese, Indian and South African TNCs.