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In general, economists agree that foreign direct investment inflows (FDI) lead to an increased rate of economic growth (see, for example, Blonigen, 2005). A major growth-enhancing characteristic of FDI is the advanced technology that often accompanies foreign capital investment. In addition, domestic investors can also adopt this advanced technology. In other words valentines Day braceletsĀ , FDI generates positive externalities through technology spillovers. At the same time, increased foreign capital can help to narrow the savings gap (i.e. the gap between the domestic savings ratio and the desired level of investment ratio). In short, FDI should exert positive effects on economic growth valentines Day ringsĀ , particularly in developing countries which suffer from low productivity and capital stock deficiencies.
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