Lall, Sanjaya - In: Journal of Development Studies 41 (2005) 6, pp. 998-1022
Lesotho, a resource-poor country located inside South Africa, is now Africa's largest exporter of apparel to the US. Its performance, very unusual for Africa, relies heavily on Asian investors and trade privileges. This article traces the origins of FDI in Lesotho and the determinants of its...