"The promotion of private investment, in particular in the form of Foreign Direct Investment (FDI), has been a key component of economic development strategies since the early 1990s. Recent development policy initiatives [...] put re-renewed emphasis on mobilizing foreign private capital for accelerated economic growth and, most importantly, the creation of productive employment at scale." (Lay/Tafese 2020)
The second PEGNet Policy Study on "Promoting private investment to create jobs: A review of the evidence" written by Jann Lay and and Tevin Tafese is now available.
Please find the paper here: