New From CFR: Shannon O’Neil on Foreign Direct Investment in Latin America
Development Channel Staff
October 2, 2013
A Brazilian worker assembles a Volkswagen car in Sao Paulo, Brazil, April 2011 (Courtesy Reuters/Nacho Doce).
In 2012, Latin America received more foreign direct investment than ever before. In a recent blog post, Shannon O’Neil describes the implications of this investment. She explains:
Foreign direct investment is not an unencumbered good—stories abound about foreign-owned companies flouting domestic laws, exploiting labor, and degrading the environment. But it remains an important and sought after tool for economic expansion…when focusing on economic development more broadly, not all money is created equal.
Read her full post here.
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