Abstract
The purpose of this paper is to develop a theoretical framework for analysing the connections between foreign direct investments (FDI) and the development of the natural-resource-rich regions. In order to understand the link between FDI and regional development, we need to consider two perspectives at least: those of the investor companies and the developing region. The theoretical framework is built up from a combination of the eclectic paradigm (OLI framework) from international business and the Canadian Staple Theory (CST) from the discipline of economic geography. As it stands, the framework is encouraging in terms of promoting a better understanding of the context and content of inward and outward FDIs in resource-rich regions. This will be illustrated by means of two cases, the Ukrainian/Swiss investment (Donbass-Duferco) in the Hungarian iron and steel company Dunaferr in 2004 and the much-criticized Sakhalin-2 project of the Sakhalin Energy Investment Company (SEIC) in the oil and gas industry.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
