Harnessing Globalization

The Promotion of Nontraditional Foreign Direct Investment in Latin America

Business & Finance, Economics, Economic Development, Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Conditions
Cover of the book Harnessing Globalization by Roy C. Nelson, Penn State University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Roy C. Nelson ISBN: 9780271067902
Publisher: Penn State University Press Publication: August 18, 2009
Imprint: Penn State University Press Language: English
Author: Roy C. Nelson
ISBN: 9780271067902
Publisher: Penn State University Press
Publication: August 18, 2009
Imprint: Penn State University Press
Language: English

How can countries in the underdeveloped world position themselves to take best advantage of the positive economic benefits of globalization? One avenue to success is the harnessing of foreign direct investment (FDI) in the “nontraditional” forms of the high-technology and service sectors, where an educated workforce is essential and the spillover effects to other sectors are potentially very beneficial. In this book, Roy Nelson compares efforts in three Latin American countries—Brazil, Chile, and Costa Rica—to attract nontraditional FDI and analyzes the reasons for their relative success or failure. As a further comparison, he uses the successes of FDI promotion in Ireland and Singapore to help refine the analysis. His study shows that two factors, in particular, are critical. First is the government’s autonomy from special interest groups, both domestic and foreign, arising from the level of political security enjoyed by government leaders. The second factor is the government’s ability to learn about prospective investors and the inducements that are most important to them—what he calls “transnational learning capacity.” Nelson draws lessons from his analysis for how governments might develop more effective strategies for attracting nontraditional FDI.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

How can countries in the underdeveloped world position themselves to take best advantage of the positive economic benefits of globalization? One avenue to success is the harnessing of foreign direct investment (FDI) in the “nontraditional” forms of the high-technology and service sectors, where an educated workforce is essential and the spillover effects to other sectors are potentially very beneficial. In this book, Roy Nelson compares efforts in three Latin American countries—Brazil, Chile, and Costa Rica—to attract nontraditional FDI and analyzes the reasons for their relative success or failure. As a further comparison, he uses the successes of FDI promotion in Ireland and Singapore to help refine the analysis. His study shows that two factors, in particular, are critical. First is the government’s autonomy from special interest groups, both domestic and foreign, arising from the level of political security enjoyed by government leaders. The second factor is the government’s ability to learn about prospective investors and the inducements that are most important to them—what he calls “transnational learning capacity.” Nelson draws lessons from his analysis for how governments might develop more effective strategies for attracting nontraditional FDI.

More books from Penn State University Press

Cover of the book Weaving Narrative by Roy C. Nelson
Cover of the book Censorship and Conflict in Seventeenth-Century England by Roy C. Nelson
Cover of the book S. Weir Mitchell, 1829–1914 by Roy C. Nelson
Cover of the book One Holy and Happy Society by Roy C. Nelson
Cover of the book Emilie Davis’s Civil War by Roy C. Nelson
Cover of the book International Migration in Cuba by Roy C. Nelson
Cover of the book Made in Mexico by Roy C. Nelson
Cover of the book Collective Courage by Roy C. Nelson
Cover of the book Rhetorical Style and Bourgeois Virtue by Roy C. Nelson
Cover of the book An Empire of Print by Roy C. Nelson
Cover of the book Why Budgets Matter by Roy C. Nelson
Cover of the book From Tenements to the Taylor Homes by Roy C. Nelson
Cover of the book Thinking About Love by Roy C. Nelson
Cover of the book In a Rebellious Spirit by Roy C. Nelson
Cover of the book After Identity by Roy C. Nelson
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy