The Impact of Foreign DirectInvestment on DevelopingEconomies andthe Environment

AD-minister

Luis Carlos Arango V.¹  Anne Marie Zwerg-Villegas² 

[1] Politécnico Grancolombiano;Universidad EAFIT

关键词: Capital Mobility;    EKC: Environmental Kuznet Curve;    FDI: ForeignDirect Investment;    Neo-liberal Regime;    Emissions;    Ozone Layer;    Pollution;    Economic bubble;    Consumption.;   

DOI  :  

学科分类：社会科学、人文和艺术（综合）

来源: Universidad E A F I T

【 摘 要 】

This article is about the impact of foreign direct investment on developing economiesand the environment. All of us that are concerned about the environment shouldask ourselves if the increase in capital mobility associated with the world-wide processof  liberalization, deregulation and privatization, known as the Neo-liberal globalregime, has contributed to the problems of higher emissions, ozone layer destruction,and pollution of water sources, as well as to create false economic bubbles that leadto increased consumption in these regions whilst forcing the destruction of theenvironment by the poor in order to survive and cope with the roles their societydemands. Neo-liberal practices such as those enforced in developing countries likeColombia, while seeking to attract foreign investment to push their economies, tend togenerate a false aggregated demand growth that in most cases is not sustainable in thelong term, increases global unemployment, unleash destructive competitive processesand weaken government’s ability to regulate business in the citizens` best interests.

【 授权许可】

Unknown