A developing country wants to become more global, hoping to increase the pace of its economic growth and improve the quality of life for its people. It wants to achieve this by attracting foreign direct investment.
Choose a developing country, and discuss the pattern of foreign direct investment in that region and why it occurs. How should the government intervene to ensure that the foreign direct investment is the best interest of its country? What policy instruments should the government use to promote foreign direct investment? Is it already part of regional integration? If not, should the country consider it? What would be the benefits and disadvantages?