Economic Development

The Process of Economic Development by James M. Cypher and James L. Dietz (cypher and Dietz 2009)

Cypher and Dietz (2009, Ch. 14) and Lall (1997b) consider the pros and cons of an open-door FDI policy versus one
which involved regulations and directions by the host countries on MNC-activities. (an open-door policy is
basically one that involves hardly any regulation or directions.) what analytical elements do they consider in
their discussions? What case studies or country evidence do they offer to illuminate their discussions? what
conclusions do they draw? please document the pages from which you found the materials that constitute your answer
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