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Infrastructure for ore: Benefits and costs of a not-so-original idea

Wells, Louis T.

Arrangements whereby host countries receive infrastructure “now” in exchange for access to natural resources in the future have received a great deal of criticism, generally based on few data.[1] Although Chinese investments in Africa have dominated discussions, some Korean and Western firms are considering similar deals to remain competitive. Because most contracts are secret, many commentators are inevitably skeptical of the benefits to the host country -- maybe wrongly.


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More About This Work

Academic Units
Vale Columbia Center on Sustainable International Investment
Vale Columbia Center on Sustainable International Investment
Columbia FDI Perspectives, 96
Published Here
June 4, 2013


A Chinese version of this paper is available at