Foreign Direct Investment: Key to Host Country Economic Growth Success!
Foreign direct investment (FDI) can impact a country's economic growth positively or negatively. The effects depend on the host country's internal conditions like economy, politics, and culture. FDI can bring new technologies, boost competition, and help firms grow. However, it can also have negative consequences. Host countries need to create the right conditions to maximize the benefits and minimize the drawbacks of FDI on their economic growth.