Lessons for Development from London Business School's Centre for New and Emerging Markets (CNEM) Research Project 'Investment in Emerging Markets'

The nature of a country's institutional and policy environment, especially the quality of the legal framework and the predictability of government policy, is critical for attracting foreign direct investment (FDI). FDI is also affected by the quality of locally available resources, notably huma...

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Bibliographic Details
Main Authors:	Estrin, Saul, Meyer, Klaus
Language:	English
Published:	Washington, DC: World Bank 2012
Subjects:	World Development Report 2005
Online Access:	http://hdl.handle.net/10986/9154

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recordtype	oai_dc
spelling	okr-10986-91542021-04-23T14:02:44Z Lessons for Development from London Business School's Centre for New and Emerging Markets (CNEM) Research Project 'Investment in Emerging Markets' Estrin, Saul Meyer, Klaus World Development Report 2005 The nature of a country's institutional and policy environment, especially the quality of the legal framework and the predictability of government policy, is critical for attracting foreign direct investment (FDI). FDI is also affected by the quality of locally available resources, notably human capital, supplier industries and infrastructure. Policymakers should not look to FDI primarily as a source of employment creation: the main benefits instead derive from spillovers that improve competitiveness. Policies aimed at enhancing competitiveness of local firms also make an industry more attractive for foreign investors. 2012-06-26T15:40:04Z 2012-06-26T15:40:04Z 2003 http://hdl.handle.net/10986/9154 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC: World Bank Africa East Asia and Pacific
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	World Development Report 2005
spellingShingle	World Development Report 2005 Estrin, Saul Meyer, Klaus Lessons for Development from London Business School's Centre for New and Emerging Markets (CNEM) Research Project 'Investment in Emerging Markets'
geographic_facet	Africa East Asia and Pacific
description	The nature of a country's institutional and policy environment, especially the quality of the legal framework and the predictability of government policy, is critical for attracting foreign direct investment (FDI). FDI is also affected by the quality of locally available resources, notably human capital, supplier industries and infrastructure. Policymakers should not look to FDI primarily as a source of employment creation: the main benefits instead derive from spillovers that improve competitiveness. Policies aimed at enhancing competitiveness of local firms also make an industry more attractive for foreign investors.
author	Estrin, Saul Meyer, Klaus
author_facet	Estrin, Saul Meyer, Klaus
author_sort	Estrin, Saul
title	Lessons for Development from London Business School's Centre for New and Emerging Markets (CNEM) Research Project 'Investment in Emerging Markets'
title_short	Lessons for Development from London Business School's Centre for New and Emerging Markets (CNEM) Research Project 'Investment in Emerging Markets'
title_full	Lessons for Development from London Business School's Centre for New and Emerging Markets (CNEM) Research Project 'Investment in Emerging Markets'
title_fullStr	Lessons for Development from London Business School's Centre for New and Emerging Markets (CNEM) Research Project 'Investment in Emerging Markets'
title_full_unstemmed	Lessons for Development from London Business School's Centre for New and Emerging Markets (CNEM) Research Project 'Investment in Emerging Markets'
title_sort	lessons for development from london business school's centre for new and emerging markets (cnem) research project 'investment in emerging markets'
publisher	Washington, DC: World Bank
publishDate	2012
url	http://hdl.handle.net/10986/9154
_version_	1764408666162724864

Lessons for Development from London Business School's Centre for New and Emerging Markets (CNEM) Research Project 'Investment in Emerging Markets'

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