Many observations made in recent years suggest that even the developing countries which were previously known to have a sceptical approach to direct foreign investment have begun to take a fresh look at the situation. Undoubtedly, experiences with domestic state-owned enterprises and general...

The effects of direct investments and multinational corporations remain a highly contentious issue. The author traces here the reasons for the large number of diverging statements and comments on this issue and considers what political conclusions should be drawn from this wide variety of views.

From its beginnings on the DEG (German Development Company) has always been working with two aims in mind. Development policy provided one and the external economic relations of the Federal Republic of Germany the other. It is contributing to economic development by supporting investments by...