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Foreign direct investment in the Philippines : a review of the literature.

By: Lindsey, Charles Wilson; Valencia,Ernesto M.
Series: PIDS Working Paper No.8111.Publisher: Makati City: Philippine Institute for Development Studies, 1981Description: 124 h. : ilus. ; 27 cm.Subject(s): Foreign direct investment; Direct investment; InvestmentsOnline resources: Click here to access online
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PIDS 02.01.01 WP8111 1981 F (Browse shelf) Available 2001001334

This study reviews and synthesizes the literature on foreign direct investment in the Philippines in terms of the size, composition, determinants and the benefits and costs of direct investment in the Philippines. The study shows that while the benefits from foreign investments are not extensive, the costs are quite substantial. As it lists the benefits cited by the proponents of foreign investments, it makes a qualifying statement that few have really attempted to make a comprehensive cost and benefit analysis for the Philippines. Proper analysis of many of the studies can only be possible when more studies linking the subject matter with other areas of the economy and with the country's economic development in general are made.

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