 Expanding Foreign Direct Investment in the Andean CountriesNo 64A, CID Working Papers from Center for International Development at Harvard University Abstract: Developing country officials increasingly have come to see attracting foreign direct investment as an essential part of their development strategies. The Andean countries of Bolivia, Colombia, Ecuador, Peru, and Venezuela have joined other countries around the world in pursuing multinational investment. This paper presents an overview of their suitability for investment compared to other investment locations. It also describes policy areas where national governments of the five Andean countries can take action to attract the type of foreign direct investment that will increase living standards and help alleviate poverty. Export-oriented investment is identified as the key type of investment on which these countries should focus. Possible policy interventions include improving access to developed country markets, lowering trade costs, improving export processing zones, and investigating the further use of efficient investment incentives. Keywords: Andean countries; competitiveness; economic geography; economic reform; foreign direct investment (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:cid:wpfacu:64a Access Statistics for this paper More papers in CID Working Papers from Center for International Development at Harvard University 79 John F. Kennedy Street. Contact information at EDIRC. |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.