Does foreign direct investment (FDI) channel capital and know-how to developing countries? Or does it bring corruption and abuse of labor standards? Harnessing Foreign Direct Investment shows that FDI's contribution to development can be extremely powerful but that some forms of FDI, especially infrastructure, have serious adverse consequences. CGD non-resident fellow Theodore H. Moran shows for the first time how some investors circumvent the U.S. and host country laws and international treaties outlawing corrupt payments without risking prosecution, and offers recommendations on what to do about it.
- (-) Remove Private Finance for Development filter Private Finance for Development
- (-) Remove Pakistan: US Development Strategy filter Pakistan: US Development Strategy
Filter by publication type:
January 12, 2007