Foreign direct investment (FDI) has grown dramatically and is now the largest and most stable source of private capital for developing countries and economies in transition, accounting for nearly 50 percent of all those flows. Meanwhile, the growing role of FDI in host countries has been accompanied by a change of attitude, from critical wariness toward multinational corporations to sometimes uncritical enthusiasm about their role in the development process. What are the most valuable benefits and opportunities that foreign firms have to offer? What risks and dangers do they pose? Beyond...
Foreign direct investment (FDI) has grown dramatically and is now the largest and most stable source of private capital for developing countries and e...
The policy of the United States and, by extension, that of many oil importing countries, toward OPEC countries is in large part a function of an estimate of the factors that condition oil decisions in exporting countries. In this title, originally published in 1978, Ted Moran examines how immune OPEC can expect to be to the struggles over market shares that traditionally have beset attempts to organize natural resource cartels. Moran s research leads him to argue that skyrocketing commitments to growth and social betterment leave little slack in national budgets and thus preclude output...
The policy of the United States and, by extension, that of many oil importing countries, toward OPEC countries is in large part a function of an es...