Harnessing Globalization

Harnessing Globalization, Volume 1, explores how underdeveloped nations can leverage foreign direct investment to secure economic growth. Roy C Nelson examines the high-technology and service sectors, where an educated workforce creates beneficial spillover effects across the economy. This business and economics study focuses on the strategies used by Brazil, Chile, and Costa Rica to attract nontraditional investment.

The author compares these Latin American efforts with the successful models of Ireland and Singapore to identify key drivers of success. This finance text highlights the importance of government autonomy from special interest groups and the development of transnational learning capacity. Nelson provides a detailed analysis of how governments can refine their strategies to attract foreign capital and foster sustainable development through strategic investment.