Encouraging foreign investment
- 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.
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Value
SDG
Metadata
Database
Global strategies
Type
(E) Emanations of other strategies
Subject
Content quality
Yet to rate
Language
English
Last update
Dec 3, 2024