Marcos Fava Neves
A strategy for international investments
Updated: 2010-05-06 11:42
By Marcos Fava Neves (chinadaily.com.cn)
In our stories here on China Daily, I had two opportunities to conceptually address the topic on international investments. The first was to evaluate international investments capacity to promote development and the role of Government and institutions, published on Feb 21. Then, I moved to discuss how to promote and regulate international investments (March 10). I want to come back to this topic, raising some other points to complement ideas based on feedback received from the two first articles from readers. Here I have four objectives: (1) raise these "good and bad" points, (2) address the need of a country/region strategy, (3) the need of companies to seek the world for opportunities and (4) the role of Government.
There is still a debate if receiving these investments is good or not for a particular country or region. We should not advocate in one side or the other, but get all the points and then make the analysis. International investments do have good points, discussed in previous articles, if they promote development, by bringing access to international markets and expanding the country capacity of exports, creating jobs and generating taxes for Governments, bringing knowledge to a country, bringing credit, and giving confidence, among other topics, to a country. If a country receives an international investment of a world class company, it is an endorsement for development and other investors.
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