become a deterrent for foreign investment. Different multinationals may view this deterrent differently. This paper develops …

the benefits in terms of increased foreign direct investment. The costs are very large, while the benefits appear to be … marginal at best. Forgone tax revenues range between 9½ and 16 percent of GDP per year, whereas total foreign direct investment …

investment. As a result, while it is difficult to estimate accurately the growth impact of BRIC FDI, there is case study evidence … that it is increasingly significant. Second, while initial investment, mostly by state-owned companies, has often been … destined for natural resource industries, over time, investment has been spreading to agriculture, manufacturing, and service …

mining investment of more than M 5 billion will lead to increased diamond exports, higher GDP, and faster growth in tax …

countries has slowed-down in the 1990s. In contrast, Australian industries have significantly caught-up with industry …