With increasing globalization in recent years. FDI has received considerable attention from researchers and policy analysts. Governments in developing countries have attempted to attract overseas investments to fill resource gaps that constrain development. However, they continue to overlook the quality dimension in terms of developmental impact and favourable externalities such as knowledge spillovers. One of the first books to define the parameters of quality of FDI from a development perspective, this volume: Covers various branches of industry across countries over time; Evolves analytic models with structural, geopolitical, and policy factors as determinants to explain the patterns of quantity and quality of inflows; Enables countries to assess their comparative advantage for specific types of inflows; Analyses implications of the emerging WTO regime; Draws policy implications for international intervention in the context of developing countries; This is an invaluable resource for researchers across the globe, policy-makers and development experts.
ABOUT THE AUTHOR Nagesh Kumar
Professor Nagesh Kumar is Director General at the Research and Information System for Developing Countries, New Delhi. From 1993 to 1998, Dr Kumar served on the faculty of the United Nations University – Institute for New Technologies (UNU/INTECH), Maastricht, the Netherlands, and directed its research on FDI and technology transfers in developing countries. He has also served as a consultant to the World Bank, UNDP, UNCTAD, UNIDO, UN–ESCAP, ILO, among other organizations. He graduated with a PhD in Economics from the Delhi School of Economics, University of Delhi. He received the Exim Bank of India’s first International Trade Research Award and a GDN medal for best research in Tokyo for 2000. He serves as the Editor of the South Asia Economic Journal. Professor Kumar has written extensively on the developmental impact of MNEs and FDI, industrial and technology development policies, WTO issues, new technologies for development and on regional economic co-operation, among other themes. His recent books include Globalization, Foreign Direct Investment and Technology Transfers: Impact on and Prospects for Developing Countries (Routledge, 1998) and Globalization and the Quality of Foreign Direct Investment (OUP, 2002).
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