Foreign direct investments and governments

The recently concluded Uruguay round of GATT underscores the changing structure of the world economy and the growing significance of multinational enterprises to economic growth. This book examines the dynamic relationship between foreign direct investment, governments and economic development, and demonstrates the nature of their interaction through a set of eleven country studies at various stages of development.

The volume describes the catalytic role governments and multinationals may play in determining the evolution, restructuring and upgrading of the competitive and comparative advantages of countries. The fact that multinationals’ activities and government policy are highly interdependent is highlighted in the country studies.