The chapter summarizes 40 years of UNCTAD's research and policy analysis on the relationship between FDI and TNC activities and development. While during that period pros and cons of development strategies relying on inward FDI have oscillated in response to events in the world, it is now widely...

The literature on extractive industries deals only marginally with FDI/TNC issues. FDI/TNC literature paid considerable attention to extractive industries in the past, particularly in the 1970 into the 1980s, in the aftermath of expropriations of FDI, many of which took place in these...