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, Vesselin
    Title 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 MANAGEMENT
    Copyright Holder United Nations University
    Copyright Year 2008
    Copyright type All rights reserved
    ISSN 18148026
    ISBN 9789280830651
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    Created: Sun, 21 Nov 2021, 13:17:07 JST