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OECD Global Forum on International Investment Attracting International Investment for Development Introduction

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Attitudes towards the role of foreign direct investment (FDI) in the development process have changed significantly in recent years. Early debates during the decades of the sixties and the seventies were marked by advocacy and opposition to FDI often ranged to extremes. Now the talk is not about exploitation of developing countries by the multinationals, the major purveyors of FDI, nor is it about its prowess in efficiently allocating resources on a global scale and integrating the world economy...

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Document Type: Review Article

Publication date: June 1, 2003

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