01790cas a2200241 a 4500 AALejournalIMF001749 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451858754 1018-5941 BD-DhAAL BD-DhAAL Lim, Ewe-Ghee. Determinants of, and the Relation Between, Foreign Direct Investment and Growth : A Summary of the Recent Literature / Ewe-Ghee Lim. Washington, D.C. : International Monetary Fund, 2001. 1 online resource (28 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper summarizes recent arguments/findings on two aspects of foreign direct investment (FDI): its correlation with economic growth and its determinants. The first part focuses on recent literature regarding positive spillovers from FDI while the second deals with the determinants of FDI. The paper finds that while substantial support exists for positive spillovers from FDI, there is no consensus on causality. On determinants, the paper finds that market size, infrastructure quality, political/economic stability, and free trade zones are important for FDI, while results are mixed regarding the importance of fiscal incentives, the business/investment climate, labor costs, and openness. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2001/175 Full text available on IMF http://elibrary.imf.org/view/journals/001/2001/175/001.2001.issue-175-en.xml IMF e-Library