Socio-economic development of developing countries


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(https://www.vsrdjournals.com/MBA/Issue/2012_11_November/Web/6_Reema_Sharma_1041_Research_Communication_VSRDIJBMR_November_2012.pdf)

In this article, the author identifies five areas where FDI contributes to the socio-economic development of developing countries, including:

1. Trade and Investment

2. Technology Transfers

3. Human Capital Enhancement

4. Competition

5. Enterprise Development

Using what you have learned from this article, can someone describe how a hypothetical developing country can best prepare and position itself to enjoy each of these five benefits.

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Other Management: Socio-economic development of developing countries
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