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Partnerships for Development and the SDG17: Role of Foreign Direct Investment

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Partnerships for the Goals

Part of the book series: Encyclopedia of the UN Sustainable Development Goals ((ENUNSDG))

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Definition

Foreign direct investment, according to the benchmark Organization for Economic Cooperation and Development (OECD) definition (2008), is a “category of cross-border investment made by a resident in one economy (the direct investor) with the objective of establishing a lasting interest in an enterprise (the direct investment enterprise) that is resident in an economy other than that of the direct investor.” The motivation of the direct investor may be the search for new markets, access to natural resources, logistic advantage, or simply lower production costs, either in the form of cheaper labor or taxes.

A higher level of foreign direct investment means that additional capital is injected and, depending on the sector, is likely to have an impact on its growth rate, as it is equivalent to foreign savings diverted from the investing economy into the domestic market. Thus, if FDI is not counterbalanced by various forms of remittances, it can be a robust engine for structural...

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Author information

Authors and Affiliations

  1. Graduate Program in Economics, Federal University of Pará, Belém, Brazil

    Cláudio Castelo Branco Puty & Douglas Alencar

Authors
  1. Cláudio Castelo Branco Puty
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  2. Douglas Alencar
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Corresponding author

Correspondence to Cláudio Castelo Branco Puty .

Editor information

Editors and Affiliations

  1. FTZ-ALS, Hamburg University of Applied Sciences FTZ-ALS, Hamburg, Germany

    Walter Leal Filho

  2. Ctr Neurosci & Cell Biology, 1 Floor, Univ Coimbra, Edf Fac Medicina, Coimbra, Portugal

    Anabela Marisa Azul

  3. Faculty of Engineering and Architecture, Passo Fundo University Faculty of Engineering and Architecture, Passo Fundo, Brazil

    Luciana Brandli

  4. Istinye University, Istanbul, Turkey

    Pinar Gökcin Özuyar

  5. International Centre for Thriving, University of Chester, Chester, UK

    Tony Wall

Section Editor information

  1. School of Public Administration and School of Business Administration, University of International Business and Economics & China University of Petroleum, Beijing, China

    Monica Thiel

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Puty, C.C.B., Alencar, D. (2019). Partnerships for Development and the SDG17: Role of Foreign Direct Investment. In: Leal Filho, W., Azul, A., Brandli, L., Özuyar, P., Wall, T. (eds) Partnerships for the Goals. Encyclopedia of the UN Sustainable Development Goals. Springer, Cham. https://doi.org/10.1007/978-3-319-71067-9_6-1

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  • DOI: https://doi.org/10.1007/978-3-319-71067-9_6-1

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  • Print ISBN: 978-3-319-71067-9

  • Online ISBN: 978-3-319-71067-9

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