Does the Foreign Direct Investment spur the growth of the Economy? A Case Study approach with implications on the Public Health and Economic development

Abstract

Foreign Direct Investment (FDI) has been considered by many as a driving force to an economic revolution in developing economies with capital inflows, tech transfer and creation of employment opportunities. However, the issue as to how far FDI can advance sustainable economic development is controversial, especially when it comes to its wider implications on the level of a population in terms of its public health and human development. The present paper will critically analyze the links between FDI and economic development by using a case study of Bangladesh to draw upon the effects of foreign investments on macroeconomic indicators and the health of the population. In an atmosphere of mixed methodology that blends quantitative data analysis and qualitative interpretation, the research demonstrates that although FDI plays an important role in the development of economies in the form of economic growth and creating employment opportunities, confirmation on its direct and positive role in advancing the health condition of the people and improving the health infrastructure and health systems is minimal. These findings show that the necessity of targeted policy mechanisms to align FDI strategies with the set priorities in terms of public health to attain the development of inclusive and sustainable growth.