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Investment promotion agencies and responsible business
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Foreign direct investment (FDI) is widely considered to be a key factor in economic development in middle and low income countries. Positively, it can be associated with the introduction of new technologies, job creation, access to new markets and improvements in the competitiveness of host countries. But too often, FDI has been associated with environmental degradation, increased inequality, and lack of integration with the local economy. IIED’s work aims to identify practical opportunities for investment promotion agencies to promote inward investment that is responsible, and that can help host countries to achieve sustainable development. Project Resources IIED’s initial discussion paper, CSR and Trade & Investment Promotion: a literature review and discussion of key research questions, sets out some of the key issues in this under-explored area.
A book, Responsible enterprise, foreign direct investment and investment promotion: Key issues in attracting investment for sustainable development, brings together a series of papers identifying opportunities for Investment promotion agencies to attract foreign direct investment that is associated with positive contributions to sustainable development and good corporate social responsibility practices. Read more and view pdf (840k) Copyright © 2005 International Institute for Environment and Development. |
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