Foreign Direct Investment and Development: The UK and the Philippines - April 1998

Governments across the world put massive resources into attracting foreign direct investment (FDI), seeing it as a major spur to economic growth such as new technologies, skills and innovation.

But some forms of inward investment are more beneficial than others to host countries.

This Briefing examines the benefits and disadvantages of FDI in two countries where a more critical appraoch to foreign direct investment would be appropriate.

It recommends selective targeting of foreign investment, combined with support and protection for local communities.

1998 ISBN: 1 85287 202 2
28pp