How Foreign Aid Could Help Attract FDI

How Foreign Aid Could Help Attract FDI

photo: Nicolas Raymond Official development assistance (aid) and foreign direct investment (FDI) are widely perceived to be alternative means of supplementing domestic savings and promoting economic development in low and middle income countries. Developing countries that attract FDI are often contrasted with those depending on aid. The argument for FDI is typically considered “compelling” (Stiglitz 2000) […]