Foreign Direct Investment And Regional Development

Topics:
Foreign Direct Investment
Tags:
Currency & Foreign Exchange,
Finance,
Foreign Direct Investment,
Foreign Direct Investment (FDI),
Globalisation,
Investment,
OECD
Source:
Organisation for Economic Co-operation and Development (OECD)

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Overview: For a region to be economically active and internationally competitive, its firms, institutions and people would have to make connections and alliances with partners abroad. Rapid technological change, extended markets and a greater demand for knowledge are offering new opportunities for regional development. Globalisation is increasingly testing the ability of sub-national economic areas to adapt in order to maintain their competitive edge. All countries find it more difficult to stay competitive without FDI, which sustains growth and brings at least four things of value: financial capital, management skills, technology, and access to export markets and therefore enhance a country's and its regions' competitiveness in the global marketplace.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: PDF | Size: 300KB | Date: Jan 2003 | Pages: 41

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