qThe book investigates foreign direct investment (FDI) strategies in four important emerging economies: Egypt, India, South Africa and Vietnam. These countries liberalized their economies in the 1990s with the intention of attracting greater FDI inflows. This book assesses whether they have been successful in achieving this goal. The authors adopt a comparative perspective and use a large enterprise survey plus three individual case studies in each country. They investigate the strategies of foreign direct investors focusing on the relationship between the investment climate, the mode of entry (acquisition, greenfield or joint venture), company performance, and spillovers to the host economy. The book outlines how the interactions between international businesses and the local policy environment influence the entry strategies of firms. Academics and researchers with an interest in international business, emerging markets, economic development and strategic management will find this book informative and insightful.q--BOOK JACKET.In other words, there is prima facie evidence that the spillover effect of FDI in India has largely been in the form of better quality of products, ... to North America and Europe, and the inability of the local educational system to rapidly replenish the stock of such professionals. ... Even in the IT sector, only 1 7 per cent of the MNCs that invested in India spent more than 4 per cent of their turnover on training.
|Title||:||Investment Strategies in Emerging Markets|
|Author||:||Saul Estrin, Klaus Meyer|
|Publisher||:||Edward Elgar Publishing - 2004-01-01|