Foreign Investment, Development, and Globalization: Can Costa Rica Become Ireland? (Hardcover) (ISBN-13: 9781403969835)

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.

Author: E. Paus
ISBN-10: 1403969833
ISBN-13: 9781403969835
Publisher: Palgrave MacMillan
Language: English
Published: 10/13/2005
Pages: 250
Format: Hardcover
Weight: 0.93lbs
Size: 8.54h x 6.06w x 0.75d

Review Citation(s):
New York Review of Books 06/08/2006 pg. 56
Choice 06/01/2006 pg. 1872