英语论文网

the authors studied on the impact of FDI on economic growth in developing countries where those opinions are illustrated below:

Authors views on ‘Does FDI promote Economic Growth in developing countries’S.No.

Author’s name

Researched during the year

Does FDI promote Economic Growth in developing countries (Yes/No/May be)

Explanation

1.Balasubramanyam

1996, 1999

May be

Requires open or neutral trade regime

2.Borensztein

1998

May be

Depends on Education level of workforce

3.De Mello

1999

May be

Depends on degree of complementarily and substitution between FDI and domestic investment

4.Graham and Wada

2001

Yes

Raised per capita GDP in Chinese provinces with FDI concentration

5.Graham

1995

May be

TNC’s market power can generate negative impacts

6.Loungani and Razin

2001

May be

Risks

7.Lim

2001

May be

Depends on tax incentives, regulatory and legal impediments, macroeconomic instability

8.Marino

2000

May be

Requires open trade and investment policies

9.Mallampallyand Sauvant

1999

May be

Requires human resource development, information and other infrastructure

10.Markusen and Venables

1999

Yes

Raises productivity and exports of domestic firms, generates spillovers

11.Rodrik

1999

No

Reverse causality: TNCs locate, rather than drive growth, in more productive and faster growing countries

Table: Shows the authors explanation on Does FDI Promote Economic Growth in developing Countries---this is a question? (LyubaZarsky, 2005, p.25)

From the above table, it can be understood that out of 11 authors, only 2 authors support that FDI promotes economic growth in the developing countries as they explain that it raises the productivity, exports of domestic firms and stated a practical example that it raised the percapita GDP of china government with the help of FDI. Rodrik, opposed the views of the other authors on supporting the FDI as based on their research. 

From Rodrik research, it has been stated that it doesn’t shown impact rather it was derived as a reverse causality. Apart from these three authors, the remaining 8 authors were in a dynamo whether to support the FDI or not because all these authors states that the impact on FDI on economic growth depends only on the circumstances that the author considers but not on any other aspects. 

For example: FDI shows more impact on economic growth only when the government fulfil some basic needs such as require open trade, investment policies, human resource development, information, other infrastructure, etc. If these requirements are fulfilled by the government then automatically it get benefited with the FDI but if it fails in reaching those needs then it may face some risks due t本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。