Abstract
Foreign direct investment (FDI) by multinational corporations (MNCs) has been viewed as a major catalyst to economic growth in developing countries. Yet the benefits of FDI do not automatically accrue and evenly across countries. It is possible for some countries even to be worse off with inward FDI flows. National policies and the host government’s bargaining power against MNCs matters for attracting FDI and for reaping the full benefits. This study attempts to shed light on the question of how a developing country can maximize the benefits from FDI and minimize its cost, based on China’s experiences in the 1980s and 1990s.
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© 2004 Palgrave Macmillan, a division of Macmillan Publishers Limited
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Zhang, K.H. (2004). Maximizing Benefits from Foreign Direct Investment and Minimizing its Costs: What Can We Learn from China?. In: Kehal, H.S. (eds) Foreign Investment in Developing Countries. Palgrave Macmillan, London. https://doi.org/10.1057/9780230554412_5
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DOI: https://doi.org/10.1057/9780230554412_5
Publisher Name: Palgrave Macmillan, London
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