Hecock, R. Douglas; Jepsen, Eric M. - In: World Development 44 (2013) C, pp. 156-164
This paper examines the effect of social spending in developing countries on Foreign Direct Investment (FDI). Existing studies on the race to the bottom in social services attempt to discern the extent to which FDI affects social expenditure. However, it remains an open question whether FDI is...