Background: Countries compete for a limited supply of global capital. FDI is associated with several benefits, including technology transfers and human capital accumulation. In the long-term, FDI ought to spur growth and development. In reality, the evidence on whether FDI promotes development is mixed. Some argue that governments give up too much when recruiting foreign capital. The result is a race to the bottom in which government lose more than they gain from hosting foreign investment. Assignment: Make an argument about whether foreign direct invest is, on balance, a good or bad thing for developing countries To help narrow things down, please limit your paper to ONE REGION. Word count is strictly between 900-1,100 words.
