Economic enclaves or bridges to the global economy? : foreign and diaspora investments in developing countries
Title: Economic enclaves or bridges to the global economy? : foreign and diaspora investments in developing countries
Series/Number: EUI RSCAS; 2014/10; Global Governance Programme-76; Global Economics
This paper examines the main determinants of linkages between foreign and domestic firms in developing countries. Based on existing evidence, we highlight the relevance of linkages generated by MNEs in developing countries and then we discuss the factors which boost or hamper the interactions between foreign and domestic firms and draw some policy implications. A particular attention is given to diaspora investments – i.e. investments carried out by members of the diaspora or return migrants – that represent a potentially powerful engine of growth and structural change in poor countries.
Subject: Foreign direct investment; Local sourcing; Diaspora; Developing countries
Type of Access: openAccess