Rethinking Foreign Investment for Sustainable Development

Addresses the shortcomings of foreign investment for development, and sets out the challenges facing policy makers in this field.

Consisting of country case studies and comparative analyses from Latin American and US based political economists, this volume examines the recent history of foreign investment for development in Latin America in the context of the current backlash against ‘Washington Consensus’ policies. These essays form the broad conclusion that foreign direct investment fell far short of generating the necessary linkages for sustainable economic development.