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Foreign direct investment in Iran (FDI) has been hindered by unfavorable or complex operating requirements and by international sanctions, although in the early 2000s the Iranian government liberalized investment regulations. Iran ranks 62nd in the World Economic Forum's 2011 analysis of the global competitiveness of 142 countries. 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Joe Muzurura where FDI c,t is U.S. foreign affiliate sales in country c in year t, EP c,t − 1 is employment protection in foreign country c in year t-1, and X c,t − 1 is a vector of host country control variables that includes GDP, population, trade costs, skill level, tax rate, investment costs, wages, and trade agreements. These independent variables are lagged to account for the fact that ... ebook Foreign Direct Investment, Location and Competitiveness buy cheap Foreign direct investment (FDI) in developing countries has a bad reputation. In some discussions, it is presented as tantamount to postcolonial exploitation of raw materials and cheap labour. However, recent data shows that FDI in developing countries increasingly flows to medium and high-skilled manufacturing sectors, involving elevated income levels (Figure 1). A quoi sert le travail ? 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