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Essay / Research Paper Abstract
This 6 page paper is the beginning of a paper on the way Libya may increase foreign direct investment. The paper presents a potential executive summary and an introduction outlining the issues and the approaches that the Libyans may choose to adopt. The bibliography cites 10 sources.
Page Count:
6 pages (~225 words per page)
File: TS14_TELibFDI.rtf
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Unformatted sample text from the term paper:
investment (FDI). Being the bottom of several indexes and with a low GDP the country needs help to increase the economy performance and benefit the citizens. Despite receipts of $3.1
billion in 2006 ther is still room for improvement (IPR Strategic Business Information Database, 2007). Foreign Direct Investment (FDI) has been increasing over the last few decades. By 2004
the total amount of global FDI was $648 billion; this was an increase of only 2%. However, the FDI to developed countries is dropping and the increase is mostly due
to a large increase of FDI to developing countries, the 2004 figure of $233 billion going to developing countries was up 40% on the 2003 figure (African Business, 2005). This
appears to indicate that there is an attraction to the placing of FDI in developing countries and at this level of increase the developing countries must also believe there are
benefits. A driver for FDI and also a result of FDI has been increased globalisation (Buckley and Pervez, 2004). The argument is that developing countries have been given a
helping hand to develop their economies where FDI is present, speeding up the pace of development. The general view, as seen with research such as that by the OECD as
well as UNCTAD both indicates that there are positive benefits (Erdilek, 2003). In 1995 in a report by the United Nations Conference on Trade and Development in the World Investment
Report it was stated that FDI; "[e]nabled by increasingly liberal policy frameworks, made possible by technological advances, and driven by competition, globalization more and more shapes todays world economy. FDI
by transnational corporations (TNCs) now plays a major role in linking many national economies, building an integrated international production system--the productive core of the globalizing world economy" (Baliamoune-Lutz,
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