The subsidiary role of direct foreign investment in industrialization: The colombian manufacturing sector

The transfer of technology to China in the nineteenth century was carried out both by Chinese and foreigners. Given the half-hearted interest of the Chinese government in such activities, however, the role of direct foreign investment was enhanced. The profitability of such investments was determined not only by comparative costs and other conventional economic variables, but also by the interaction of each project with China's traditional system of political economy. The nature and importance of this interaction is examined by means of a number of case studies. The results emphasize the importance of cultural elements in the transfer of technology.

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Testing Alternative Conceptions of the Relationship between Direct Foreign Investment and External Debt in Poor Countries

Comparative Political Studies ◽

10.1177/0010414086019001006 ◽

1986 ◽

Vol 19 (1) ◽

pp. 130-176 ◽

Cited By ~ 1

Author(s):

JOHN M. ROTHGEB

Keyword(s):

Foreign Investment ◽

Third World ◽

Manufacturing Sector ◽

Direct Foreign Investment ◽

Alternative Conceptions ◽

Poor Countries ◽

Debt Accumulation ◽

The Third ◽

Foreign Presence ◽

The Relationship

This article examines the relationship between direct foreign investment and external public debt accumulation in Third World states. Four basic connections between foreign investment and debt are examined. The first sees debt as resulting from the repatriation of profits by foreign investors. The second sees debt as a product of the effects of foreign investment on growth in the host state. The third posits that foreign investment leads to debt due to its impact on the host's terms of trade. Finally, a large foreign presence is regarded as creating greater debt by producing the desire to counterbalance the role played by foreigners. The results suggest that repatriation does lead to greater debt and that this effect is associated with investments in the manufacturing sector.

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articles/v6n12/bed/ijaar-sms-v6n12-dec20-p13.pdf

International Journal of Advanced Academic Research ◽

10.46654/ij.24889849.b61213 ◽

2021 ◽

pp. 17-27

Author(s):

Victor Obasse ◽

Chima Onuoha

Keyword(s):

Foreign Direct Investment ◽

Foreign Investment ◽

Direct Investment ◽

Manufacturing Sector ◽

Direct Foreign Investment ◽

Working Environment ◽

Social Infrastructure ◽

Foreign Investors ◽

Advantages And Disadvantages ◽

The Impact

This study is an empirical inquiry into the impact of Direct Foreign Investment (DFI) of other countries into the manufacturing sector in River State, Nigeria. It would lead to a better understanding of the economic mechanism and the behavior of economic agents, both at micro and macro cadre allowing the opening of new areas of study in economic growths. This study would also look through the advantages and disadvantages which foreign direct investment has on Nigeria economy, thereby, reveal if there is a correlation between the direct foreign investment and the Nigerian economy. As a cross section survey, data for this study was generated using well and articulately structured survey from 50 respondents across 10 manufacturing firms in Rivers State. A total of three hypotheses were proposed with analysis revealing the relationship between direct foreign investments and manufacturing sector, it was revealed that direct foreign investment had a positive and significant relationship with manufacturing sector. The researcher believes that if appropriate actions are taken and necessary structures erected, the Nigerian manufacturing sector will be a healthier place to access the benefits that foreign direct investment conveys. This will lead to growth in Nigeria manufacturing sector. It was revealed that in spite of the acknowledged remuneration foreign direct investment conveys. It is nonetheless, criticized on grounds, of the defective activities that foreign investors indulge in. In conclusion, the study showed that the expansion of the manufacturing sector and direct foreign investment in Nigeria is based on a number of problems which may be reason for the positive but insignificant impact on DFI when the variables was regressed against manufacturing sector. It was at that point recommended that, Government needs to do a few needful in order to motivate foreign investors, this is by providing good and right social infrastructure and also a pool of relevant workforce, a safe working environment against militancy and a potentially strong market for their product and services can be sold.

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