Harnessing foreign direct investment for development: policies for developed and developing countries

Abstract

Revising the "Washington Consensus": new perspectives on foreign direct investment and development -- Using industrial globalization to improve the development of host countries -- Enhancing the ability of poor countries to attract and harness FDI for development -- FDI in extractive industries and infrastructure -- The impact of outward investment on the home economy -- Improving efforts to support developing country growth through FDI -- Conclusions and policy implications