1. Risky returns.
- Subjects
- *
ECONOMIC development , *BUSINESS conditions , *FOREIGN investments , *ECONOMIC expansion ,DEVELOPING countries - Abstract
The article presents information on economic development and business environment in poor countries. According to a United Nations Conference on Trade and Development (UNCTAD) report, foreign investment in the world's 44 poorest countries has risen steadily over the past decade, from an annual average of under $1 billion in 1987-92 to nearly $3 billion in 1998. It is observed that western firms are tempting targets for local crooks, who feel that stealing from foreigners is less reprehensible.
- Published
- 2000