scholarly journals Recent Trends in Global FDI Flows: Implications for the 21st Century

Author(s):  
Chiaku Chukwuogor Ndu

This paper examines recent global trends of foreign direct investment (FDI) flows and the benefits derivable by the recipient countries. Some of The developed countries of the West, Japan and China are the greatest recipients of FDI flows. There has been dramatic increase in FDI flows to developing countries in Asia, Latin America and the transition countries in Europe. In general developing countries are still unable to attract significant FDI. Africa’s share of the FDI flows though slightly on the increase has been abysmally low. The identifiable reasons for this trend were highlighted. To achieve a more balance flow of FDI in the 21st century, a concerted effort should be made by international organizations, leading world government, multinational enterprises and governments of developing economies, through dialogue and negotiations to encourage multinational enterprises to diversify their investments across developing economies otherwise marginalized by globalization and liberalization.  

Author(s):  
Swapan Kumar Patra

Multinational Enterprises usually keep their crucial R&D close to their home base. However, recent trends show that MNEs are increasingly offshoring their R&D activities. A couple of decade ago this R&D offshoring phenomenon was mainly restricted in the developed countries. Since early 1990’s this paradigm has changed and many Multinational firms prefer developing countries as their R&D destination. Among developing countries, India and China are favorable destinations for many MNEs. The R&D alliance trends of foreign firms show that, in India they prefer Indian domestic firms and in China, they prefer universities and government research institutes. Government of both these countries should take policy measures to strengthen the linkages between foreign firms and local actor of innovation system. Also, innovation is no longer restricted to or confined within a firm’s border. Firms are acquiring knowledge from outside its boundary by “Open Innovation Mode.”


Economics ◽  
2015 ◽  
pp. 321-343
Author(s):  
Swapan Kumar Patra

Multinational Enterprises usually keep their crucial R&D close to their home base. However, recent trends show that MNEs are increasingly offshoring their R&D activities. A couple of decade ago this R&D offshoring phenomenon was mainly restricted in the developed countries. Since early 1990's this paradigm has changed and many Multinational firms prefer developing countries as their R&D destination. Among developing countries, India and China are favorable destinations for many MNEs. The R&D alliance trends of foreign firms show that, in India they prefer Indian domestic firms and in China, they prefer universities and government research institutes. Government of both these countries should take policy measures to strengthen the linkages between foreign firms and local actor of innovation system. Also, innovation is no longer restricted to or confined within a firm's border. Firms are acquiring knowledge from outside its boundary by “Open Innovation Mode.”


Author(s):  
Saundarjya Borbora ◽  
Mrinal Kanti Dutta

Economic development and information and communication technology (ICT) are found to move together in the present day era of globalization. ICT can contribute significantly in economic development of a region by providing adequate information at the minimum of time and cost, thereby enhancing productivity in different sectors of an economy. This fact is substantiated by several studies (Kraemer & Dedrick, 2001; Pohjola, 2001). Some country specific studies like that of Singapore (Wong, 2001) also highlighted similar results. ICT diffusion in the world has been quite rapid since the mid 1990s. While the developed countries have benefited substantially from the ICT growth, the developing countries could not reap similar benefits out of it which has resulted in emergence of a digital divide across the countries (Economist, 2000; Nkrumah, 2000; Norris, 2001). This divide is noticed not only across countries but also within a country and this is more prominent in developing economies like India. ICT diffusion is another area which needs more attention in India as it will lead to ICT access and application of ICT in real sectors to increase productivity and output. During the past one decade India has made rapid advances in ICT growth as reflected in the increase in the number of Internet connections and users. The growth of Internet connections and users in the country is shown in Table 1.


10.14201/3124 ◽  
2009 ◽  
Vol 17 ◽  
Author(s):  
Miguel Melendro Estefanía

RESUMEN: La educación del siglo XXI se configura en el intento de formar las actitudes, valores y conocimientos de los ciudadanos de un mundo cada vez más cosmopolita. Se perfila como una actividad compleja, implicada en múltiples escenarios antes poco conocidos, cargada de preguntas con respuestas diversas, inciertas, ocupada en la construcción de un modelo humano y social inmerso en el fenómeno de la globalización, escasamente anclado en la necesidad de tomar conciencia de nuestras propias limitaciones.Establecer el debate en torno a esta idea, desde los argumentos que nos ofrecen las nuevas teorías de las necesidades humanas fundamentales, desde la perspectiva de las herramientas que, hoy, nos señalan cuáles son esos límites del crecimiento humano, y desde el señalamiento de algunos de esos nuevos escenarios educativos, es el objeto de este artículo.Son diversas las coordenadas desde las que podemos representarnos ese futuro, y cuatro de entre ellas merecen nuestra especial atención: los esfuerzos por educar para la toma de conciencia de los límites de la vida en el planeta; las reflexiones sobre los nuevos espacios sociales -reales y virtuales- de la educación; los escenarios educativos diversos que suponen los países desarrollados y los países en vías de desarrollo, centro y periferia del sistema; los enfoques renovados de la educación para la ciudadanía, y el debate actualmente establecido en torno al lugar de la educación entendida como servicio público o como bien de consumo.ABSTRACT: The education of the 21st century is formed in the attempt of forming the attitudes, values and knowledge of the citizens of a world increasingly cosmopolitan. It is outlined as a complex activity involved in multiple scenes before little known, loaded with questions and several uncertain answers and busy with the construction of a human and social model. This model is immersed in the phenomenon of the globalization, scantily anchored in the need to be aware of our own limitations.The aim of this article is to establish the debate concerning this idea with the arguments that offer us the new theories of the essential human needs, from the perspective of the tools which indicate us the limits of the human growth today, and from some of these new educational scenes.There are several coordinates to represent that future, and four of them deserve our special attention: the efforts to educate in order to become aware of the limits of the life in the planet; the reflections on the new social spaces -real and virtualof the education; the educational scenes of the developed countries and the developing countries, centre and periphery of the system; the renewed approaches of the education for the citizenship, and the debate established at present concerning the education, about whether it is a public service or a consumer good.SOMMAIRE: L'éducation du XXI siècle se déroule dans la tentative de former les attitudes, valeurs et connaissances des citoyens d'un monde de plus en plus cosmopolite. Elle se dessine comme une activité complexe, impliquée dans de multiples scénarios peu connus auparavant, chargée de questions avec des réponses diverses, incertaines, occupée dans la construction d'un modèle humain et social immergé dans le phénomène de la mondialisation, faiblement ancré dans le besoin de prendre conscience de nos propres limitations.L'objet de cet article est celui d'établir le débat autour de cette idée, à partir des arguments que nous offrent les nouvelles théories des besoins humains fondamentaux, à partir de la perspective des outils qui, aujourd'hui, nous indiquent quelles sont les limites de la croissance humaine, et à partir de la signalisation de certains de ces nouveaux scénarios éducatifs.Plusieurs sont les coordonnées à partir desquelles nous pouvons nous représenter ce futur, et quatre parmi elles méritent de notre part une attention spéciale: les efforts pour instruire pour la prise de conscience des limites de la vie dans la planète; les réflexions sur les nouveaux espaces sociaux -réels et virtuels- de l'éducation; les divers scénarios éducatifs que composent les pays développés et les pays en voie de développement, centre et périphérie du système; les nouvelles approches de l'éducation pour la citoyenneté, et le débat actuellement établi autour de l'éducation comprise comme service public ou comme bien de consommation.


Author(s):  
Saundarjya Borbora ◽  
Mrinal Kanti Dutta

Economic development and information and communication technology (ICT) are found to move together in the present day era of globalization. ICT can contribute significantly in economic development of a region by providing adequate information at the minimum of time and cost, thereby enhancing productivity in different sectors of an economy. This fact is substantiated by several studies (Kraemer & Dedrick, 2001; Pohjola, 2001). Some country specific studies like that of Singapore (Wong, 2001) also highlighted similar results. ICT diffusion in the world has been quite rapid since the mid 1990s. While the developed countries have benefited substantially from the ICT growth, the developing countries could not reap similar benefits out of it which has resulted in emergence of a digital divide across the countries (Economist, 2000; Nkrumah, 2000; Norris, 2001). This divide is noticed not only across countries but also within a country and this is more prominent in developing economies like India. ICT diffusion is another area which needs more attention in India as it will lead to ICT access and application of ICT in real sectors to increase productivity and output. During the past one decade India has made rapid advances in ICT growth as reflected in the increase in the number of Internet connections and users. The growth of Internet connections and users in the country is shown in Table 1.


2021 ◽  
Vol 8 (2) ◽  
pp. 724-729
Author(s):  
Akeem Amodu

The education landscape in the 21st Century is witnessing global paradigm shifts. Emergent pedagogic practices are redefining hitherto compartmentalized systems of teaching and learning. With the advances in technology and the attendant expansions of the frontiers of knowledge - through the processes of digitalization and globalization -, the hitherto intellectual boundaries between disciplines are increasingly becoming blurred and of little or no relevance to contemporary scholarship. Emergent 21st century scholarship in the developed countries is characterized by a continued break down of intellectual barriers or walls between academic disciplines. A critical look at the courses being offered by academic institutions in the developed countries reflect interdisciplinarity: Global Studies; History and Philosophy of Sustainable Development (HPSD); and, History and Philosophy of Science (HPS) among others. A similar look at the curricular of most departments of higher institutions in developing countries however reveals holding on to traditional departmentalizations that characterized scholarship prior the commencement of the 21st century. With particular reference to the discipline Global Studies, we shall in this paper analytically discuss the emergent phenomenon of interdisciplinary scholarship as a means of road-mapping and repositioning academic departments and disciplines for sustainable development in developing countries. The paper argumentatively recommends frameworks for reforming the largely monodisciplinary education service delivery system in developing countries. In particular, the paper analytically asserts that interdisciplinarity has the potentials of engendering imperative solutions to the myriad of developmental challenges confronting developing nations across the globe.


1982 ◽  
Vol 21 (2) ◽  
pp. 169-172
Author(s):  
Faiz Bilquees

Traditionally inflation has been seen as a purely economic problem. In recent years studies have emphasized that the present day inflation is more than an economic problem. It has deep roots in the political and social systems which have strong connections with the economic mechanism of society. Inflation is analysed and conceptualized as :I problem in political economy. It is a worldwide phenomenon but it has become most pertinent in the case of developing countries where the socio-economic fabric of the society is far removed from that of the developed countries on whose experience the prevalent economic theories of inflation are based. As such when the theories completely divorced from reality are applied in the developing economies they aggravate the situation further. The book under review is free from this blemish as it examines the problem of inflation with reference to the socio-economic and political set-up of the developing countries in general and to the Indian situation in particular.


1974 ◽  
Vol 13 (3) ◽  
pp. 361-362 ◽  
Author(s):  
A. R. Kemal

Foreign exchange is one of the major constraints to the growth of the -developing economies. However, demand for primary commodities—main exports of the developing economies—is inelastic. Moreover, the developed countries have put restrictions on imports, from developing countries, of manu¬factured products in which the latter have comparative advantage, e.g., cotton textiles. The Report under review studies the problems of exports from the developing countries in considerable details.


Author(s):  
Saundarjya Borbora ◽  
Mrinal Kanti Dutta

Economic development and information and communication technology (ICT) are found to move together in the present day era of globalization. ICT can contribute significantly in economic development of a region by providing adequate information at the minimum of time and cost, thereby enhancing productivity in different sectors of an economy. This fact is substantiated by several studies (Kraemer & Dedrick, 2001; Pohjola, 2001). Some country specific studies like that of Singapore (Wong, 2001) also highlighted similar results. ICT diffusion in the world has been quite rapid since the mid 1990s. While the developed countries have benefited substantially from the ICT growth, the developing countries could not reap similar benefits out of it which has resulted in emergence of a digital divide across the countries (Economist, 2000; Nkrumah, 2000; Norris, 2001). This divide is noticed not only across countries but also within a country and this is more prominent in developing economies like India. ICT diffusion is another area which needs more attention in India as it will lead to ICT access and application of ICT in real sectors to increase productivity and output. During the past one decade India has made rapid advances in ICT growth as reflected in the increase in the number of Internet connections and users. The growth of Internet connections and users in the country is shown in Table 1.


1970 ◽  
Vol 10 (4) ◽  
pp. 469-490
Author(s):  
Nurul Islam

Foreign economic aid is at the cross-roads. There is an atmosphere of gloom and disenchantment surrounding international aid in both the developed and developing countries — more so in the former than in the latter. Doubts have grown in the developed countries, especially among the conservatives in these countries, as to the effectiveness of aid in promoting economic development, the wastes and inefficiency involved in the use of aid, the adequacy of self-help on the part of the recipient countries in husbanding and mobilising their own resources for development and the dangers of getting involved, through ex¬tensive foreign-aid operations, in military or diplomatic conflicts. The waning of confidence on the part of the donors in the rationale of foreign aid has been accentuated by an increasing concern with their domestic problems as well as by the occurrence of armed conflicts among the poor, aid-recipient countries strengthened by substantial defence expenditure that diverts resources away from development. The disenchantment on the part of the recipient countries is, on the other hand, associated with the inadequacy of aid, the stop-go nature of its flow in many cases, and the intrusion of noneconomic considerations governing the allocation of aid amongst the recipient countries. There is a reaction in the developing countries against the dependence, political and eco¬nomic, which heavy reliance on foreign aid generates. The threat of the in¬creasing burden of debt-service charge haunts the developing world and brings them back to the donors for renewed assistance and/or debt rescheduling.


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