Encouraging foreign investment
Synonyms: Encouraging flow of foreign investment
Claim: Many advocates of "development" welcome the free movement capital from privileged to underprivileged countries as a positive contribution to the improvement of the living conditions of the poor, since foreign investment produces jobs and livelihoods. They forget that the positive social impact of foreign investment is limited by its very nature, since transnational corporations will only keep their money in underprivileged countries as long as the policies of these countries enable them to continue exploiting the misery and desperation of the population.
Subjects: Liquid stateForeignInvestment
Type Classification: E: Emanations of other strategies