By Andrew Sumner, Diego Sanchez-Ancochea, Eric Rugraff
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Additional info for Transnational Corporations and Development Policy: Critical Perspectives (Rethinking International Development)
Sample text
A broad range of econometric studies focusing on single countries also conclude the existence of a positive impact in different parts of the world like Latin America, East Europe and Asia. According to Sun (1998: 675), FDI accounted for 17 per cent of China’s GDP growth over the 1983–95 period, and Chan (2000), using panel data over the period 1962–96 finds a causal relation from FDI to growth in Taiwan. De Mello (1999) finds a positive correlation for selective Latin American countries, Neuhaus (2005) suggests that FDI has been the major growth driver in Central and Eastern Europe and Hansen and Rand (2006) find that FDI has a lasting impact on the gross domestic product of developing countries (sample of 31 countries).
Transforming the World Economy, Third edition. SAGE Publications: London. EBRD (European Bank for Reconstruction and Development). 2007. Structural Change Indicators. com/country/sector/econo/stats (last accessed 12 December 2007). ECLAC. 2001. Foreign Investment in Latin America and the Caribbean, 2000. Economic Commission for Latin America and the Caribbean: Santiago. Egger H. and Egger P. 2001. Cross-Border Sourcing and Outward Processing in EU Manufacturing. North American Journal of Economics and Finance.
32 (3): 407–432. Malhotra K. 1997. Globalization: Where Is It Leading Us and Do We Want to Go There? Focus Files, 2 November. Milberg, W. 1998. ’ In Kozul-Wright, R. and Rowthorn, R. Eds. Transnational Corporations and the Global Economy, McMillan Press: New York. Milberg W. 2004. The Changing Structure of International Trade Linked to Global Production Systems: What are the Policy Implications? ILO Working paper No. 33, International Labour Office (ILO), Geneva. 28 Transnational Corporations and Development Policy Navaretti G.