Question
Foreign Direct Investment is one of the most controversial topics in Finance. The Country of Norway, when finding oil in the North Sea, determined to
Foreign Direct Investment is one of the most controversial topics in Finance. The Country of Norway, when finding oil in the North Sea, determined to at least limit foreign direct investment to ensure that their natural resource benefits would flow to their citizens. As it turns out Norway now has the largest Sovereign Wealth Fund in the world. What are the benefits to host nations of accepting Foreign Direct Investment, and what are the costs? Why are firms strongly in favor of Foreign Direct Investment? Overall, in the battle between economics (and the view of globality) and politics (the occasional rise of nationalism) who do you think will ultimately win? Defend your position.
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