UNU Policy Brief Number 8, 2008
Turner, Nicholas, Aginam, Obijiofor and Popovski, Vesselin (2008). UNU Policy Brief Number 8, 2008. Policy Briefs. United Nations University.
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Sub-type Policy brief Author Turner, Nicholas
Aginam, Obijiofor
Popovski, VesselinTitle UNU Policy Brief Number 8, 2008 Series Title Policy Briefs Publication Date 2008 Place of Publication Tokyo Publisher United Nations University Pages VIII, 8 Language eng Abstract Economic development is essential forever country but it is especially crucial for those countries in the aftermath of protracted armed conflict, needing peacebuilding, recovery and reconstruction. Development aid alone cannot transform damaged economies, and it is here that foreign direct investment (FDI)can be a valuable tool to revitalize industries, rebuild infrastructures and eventually even eliminate the need for aid. Regard for history, economic experiences, local cultures and tensions should inform the adoption of a post-conflict activate investment regime that is specifically tailored to the country’s needs. Encouraging a form of FDI that benefits post-conflict zones relies upon prioritizing quality of investment, rather than quantity. The task of developing countries, and particularly those emerging from years of conflict, cannot be left solely to market forces – FDI can only be justified if it is high value and makes areal contribution to the host economy, in terms of job-creation and spill-over of knowledge or technology. UNBIS Thesaurus FOREIGN INVESTMENTS
ECONOMIC DEVELOPMENT
DEVELOPING COUNTRIES
CONFLICT MANAGEMENTCopyright Holder United Nations University Copyright Year 2008 Copyright type All rights reserved ISSN 18148026 ISBN 9789280830651 -
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