Developing countries rethink their approach to foreign investment
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Many observations made in recent years suggest that even the developing countries which were previously known to have a sceptical approach to direct foreign investment have begun to take a fresh look at the situation. Undoubtedly, experiences with domestic state-owned enterprises and general doubts concerning centralised economic control coupled with the evidence provided by other countries pursuing an open policy towards foreign investment have proved to be crucial factors in bringing many developing countries to see in a new light the contribution private-sector investment can make to economic growth.
KeywordsDirect Foreign Investment Foreign Investment Direct Investment Foreign Capital Investment Protection
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