Introduction

This rapid growth in FDI has raised a number of policy issues at the national and international level. During the 1960s and 1970s FDI and multinational corporations were generally treated with suspicion, as they were seen to use their economic strength to take advantage of developing countries. During the same period many developed countries enacted legislation to monitor and control the flow of FDI and the activities of multinational corporations. Their concern was less in the context of economic exploitation, but more in the context of economic sovereignty.