A Literature Review of the Participation of Foreign Direct Investment in Sustainable Development Achievement in Developed and Developing Countries
Journal Title: International Journal of Humanities and Social Science Invention - Year 2018, Vol 7, Issue 3
Abstract
Foreign Direct Investment (FDI) is considered a vehicle for internationalisation and economic growth. It has known socio-politico-economic benefits to home and host country. FDI’s economic, social, and environmental contribution to several countries’ Sustainable Development (SD) has widely been empirically studied. This paper reviewed how FDI helps SD achievement in developed and developing countries, its implications are discussed. Positive implication of FDI was found in both countries, and considered a strong vehicle in SD achievement. However, FDI may as well negatively impact SD achievement. Recommendations were suggested for positive FDI effects on countries’ SD and topics proposed for further study.
Authors and Affiliations
Candide Joahne Lionel M. Yahouedeou, Ge Wu, Jacob Ojobi Omedi, Yunqi Fan, Wuqi Zhou
Keywords
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