In development literature foreign direct investment fdi is traditionally considered to be instrumental for the economic growth of all countries particularly the developing ones it acts as a. In development literature foreign direct investment fdi is traditionally considered to be instrumental for the economic growth of all countries particularly the developing ones it acts as a panacea for breaking out of the vicious circle of low savings low income and facilitates the import of capital goods and advanced technical knowhow this book delves into the complex interaction of fdi with diverse factors while fdi affects the efficiency of domestic producers through technological . Thus though not exhaustive the book integrates fdi within most of the existing economic systems in order to define its much debated role in developing economies a theoretical analysis of the. In development literature foreign direct investment fdi is traditionally considered to be instrumental for the economic growth of all countries particularly the developing ones it acts as a panacea for breaking out of the vicious circle of low savings low income and facilitates the import of capital goods and advanced technical knowhow this book delves into the complex interaction of fdi