| In the past two decades, foreign direct investment (FDI) has become the most important type of capital inflows for developing countries to develop economy. Competition among the governments of these developing countries to attract FDI has grown significantly, and this increasingly fierce competition forces governments to liberalize their economies and take a variety of policies to facilitate FDI inflows. However, the fact shows that, among these developing countries, while a few countries have successfully attracted FDI, many others have not yet been the successful destinations of FDI. In this paper, we discuss and analyze some critically important policies for developing countries to attract FDI successfully and effetely, and draw some implications for their governments. |
