Nature and role of Foreign Direct Investment (FDI) in Ireland, China and India (2005)

Abstract

FDI can be considered a way to strengthen the « domination of capitalist economies » and the dependence of peripheral countries for PREBISCH. The neomarxist theory is outdated but FDI can still have no effect, or even detrimental ones - The dependence on foreign companies (ex. UNGARY) => the government has to help local companies to take advantage of the presence of international ones. Some countries receive FDI but nevertheless there is still no growth and they still suffer from poverty (ex. ANGOLA, « cellar countries »)