Foreign Investment in Poor Countries
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The topic is paired with an external resource for you to consider, draw on, and respond to as you compose your thoughts on the topic. At one point, de Soto says that a serious problem for developin... g countries is that economic instability in those countries can cause foreign investors to invest elsewhere. But is foreign investment a good thing? Doesn’t foreign investment in one’s country mean that foreigners own some of one’s country? Is that a bad thing? Does it matter where the investment money comes from? Don Boudreaux on Globalization and Trade Deficits: http://www.econtalk.org/archives/2008/01/don_boudreaux_o.html [Show More]
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