Abstract

The key issues in the industrialisation of developing countries faced with a globalising economy increasingly concern new directions for development, such as partnerships, linkages, networks, and stakeholder participation. United Nations organisations, for example, are seeking further collaboration with private sector and non-governmental organisations. Renewed attention is being given to the importance of foreign direct investment (FDI), which could most effectively enhance the technology and human resources of recipient countries. United Nations (CCPOQ/DESA, 1999) pointed out that the new emphasis on FDI coincided with current advocacy on behalf of ‘capacity building’ as a development strategy throughout the international community.

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