Argues that China has gained influence in multilateral institutions, prompting them toward greater acceptance of public spending in developing countries and that recent developments in Cuba show that China is actively encouraging the Western hemisphere's only communist country to liberalize its economy. China sits at the crossroads of these local and global developments, prompting Cuba toward rapprochement with international norms even as it works to reform them.
Tests for the relationship between foreign direct investment and economic growth among some developing countries distributed between three geographic areas, over the period 1990-2005. Findings show that foreign direct investment do positively affect economic growth in Africa and Latin America/the Caribbean.
