INTERNATIONAL BANKING & FINANCE

International banking & finance

What are the benefits of the Foreign Direct Investment in developing countries?

What are the advantages of foreign direct investment (FDI) for the country receiving it? This issue has generated intense debate in recent decades, since the flows of foreign capital began to have a decisive influence on Western economies. The debate continues even in our times, focused on the impact of foreign direct investment (FDI) in economic and social development of developing countries. A classic article and Ricardo Houseman and Eduardo Fernandez-Arias put it as follows: "Is foreign direct investment good or bad cholesterol?” Academic ...