This paper challenges the widespread belief that FDI generally has a positive impact on economic growth in developing countries. It addresses the limitations of the existing literature and re-examines the FDI-led growth hypothesis for 28 developing countries using cointegration techniques on a...

This paper analyzes the necessary local conditions required for the existence of positive spillovers from multinationals' entry and it consists of a unified study of absorptive capacities. We start from the idea that FDI speeds up the diffusion of technologies across countries. Yet, the question...

This policy brief summarizes the scientific discussion about land deals and presents some initial empirical results from a field trip to a large land investment in Zambia. It is intended to serve as a background paper for the symposium session "Dealing with the Race for Agricultural Land" at the...