Foreign Investment, Development, And Globalization: Can Costa Rica Become Ireland?

Eva Paus

ISBN 10: 1403969833 / ISBN 13: 9781403969835

Published by Palgrave Macmillan, 2005

About this Item

illustrated edition. 272 pages. 8.25x5.50x0.80 inches. In Stock.

Seller Inventory # x-1403969833

Bibliographic Details

• Title: Foreign Investment, Development, And Globalization: Can Costa Rica Become Ireland?
• Publisher: Palgrave Macmillan
• Publication Date: 2005
• Language: English
• ISBN 10: 1403969833
• ISBN 13: 9781403969835
• Binding: Hardcover
• Condition: Brand New
• Weight: 0.47 kilograms

About this title

Synopsis

This book engages the question, hotly debated among theorists and policymakers alike, of how a developing country's pursuit of foreign direct investment (FDI) affects its development prospects in a globalized world. Can small latecomers to economic development use high-tech FDI to rapidly expand indigenous capabilities, thus shortcutting stages of the industrialization process? What conditions, economic and non-economic, must be met for this strategy to succeed? Using the cases of Ireland and Costa Rica, the author shows how the dynamics of the FDI-development nexus have changed over time, rendering problematic Costa Rica's attempt, and those of other latecomers, to replicate the Celtic Tiger's success story.

About the Author

Eva Paus is Professor of Economics and the Carol Hoffmann Collins Director of the Dorothy R. and Norman E. McCulloch Center for Global Initiatives at Mount Holyoke College, USA.