Chapter 7 PPT Slide 9: Does Foreign Direct Investment Hinder or Help Economic Development?
Do you feel that foreign direct investment is beneficial to developing countries? Why or Why Not?
Chapter 7: introduces the economic characteristics of developing countries and the trade policies aimed at improving the well-being of their populations. Major trade challenges faced by these nations and policies to stabilize primary product prices are reviewed. The chapter also covers the collective power gained by marginalized nations through organizations like OPEC, as well as the role of foreign aid from institutions like the World Bank and IMF. Additionally, it contrasts the economic growth of developing countries pursuing inward-looking versus outward-looking strategies and concludes by discussing the economic successes of China and India.
Resources & Media
Chapter 7:
1. https://www.worldbank.org/ext/en/home
2. https://www.cia.gov
3. https://archivo.cepal.org/pdfs/cdPrebisch/002.pdf
4. https://www.piie.com/publications/piie-briefings/nafta-20-years-later
5. https://databank.worldbank.org/source/world-development-indicators