Rethinking Foreign Investment for Sustainable Development

Lessons from Latin America

Foreword by José Antonio Ocampo Edited by Kevin P. Gallagher, Daniel Chudnovsky

Publication date:

01 February 2009

Publisher

Anthem Press

Dimensions:

229x153mm
6x9"

ISBN-13: 9781843313168

Consisting of country case studies and comparative analyses from Latin American and US based political economists, this volume examines the recent history of foreign investment for development in Latin America in the context of the current backlash against ‘Washington Consensus’ policies. These essays form the broad conclusion that foreign direct investment fell far short of generating the necessary linkages for sustainable economic development.

Foreword by José Antonio Ocampo; FDI and Sustainable Development in the Americas; Is Foreign Investment Always Good for Development?; Islands of Possibility; Foreign Investment and the Polarization of the Mexican Economy; A Missed Opportunity; Foreign Investment and Economic Development in Costa Rica; Investment Rules and Sustainable Development; Foreigners in the Forests; Bucking the Trend; Beyond Pollution Haloes; Missing Links, Dashed Hopes

'Recommended.' —J. H. Cobbe, Florida State University, ‘Choice’