Academic literature on the topic 'Foreign Direct Investment, Economic Growth, Afghan Economy'
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Journal articles on the topic "Foreign Direct Investment, Economic Growth, Afghan Economy"
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Kabir Sumon, Khairul. "Foreign Direct Investment and Economic Growth in Bangladesh Economy." International Journal of Economics, Finance and Management Sciences 2, no. 6 (2014): 339. http://dx.doi.org/10.11648/j.ijefm.20140206.16.
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Baasandulam, Mavidkhaan. "THE IMPACT OF FOREIGN DIRECT INVESTMENT ON THE ECONOMIC GROWTH IN MONGOLIA." Chronos 6, no. 4(54) (April 13, 2021): 43–48. http://dx.doi.org/10.52013/2658-7556-54-4-12.
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Mongolian foreign direct investment is governed by the “Constitution”, “Foreign Investment Law” and other laws as well as international treaties to which Mongolia is a party. Mongolian s foreign direct investment fell by 35.8% from 2010 to 2011, 43.52% from 2012 to 2013, and 27.3% from 2014 to 2018. In recent years, there has been a trend of focusing foreign direct investment in the mining industry. As the inflow of foreign direct investment declines and the outflow increases, the economy still faces a series of problems, including foreign debt, budget deficits, exchange rates, and unemployment. This highlights the need to pay attention to the current investment environment and investment attractiveness policies, as well as appropriate policies that are in Mongolia’s interests. For this reason, it is still necessary to determine the prospects of foreign direct investment in Mongolia, the concentration of foreign direct investment in the non-mining sector, the implementation of foreign direct investment policy and its impact on the economy. Therefore, the purpose is to study and improve Mongolia’s foreign direct investment policy.
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Adeniran, Ademola, and Kehinde Ogunmodede. "FOREIGN DIRECT INVESTMENT: A PANACEA FOR NIGERIA ECONOMIC GROWTH." International Journal of Development Strategies in Humanities, Management and Social Sciences 10, no. 2 (December 21, 2020): 28–39. http://dx.doi.org/10.48028/iiprds/ijdshmss.v10.i2.03.
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This paper critically examined the role of foreign direct investment (FDI) on Nigeria economy, with specific focus on past researches. This paper is based on empirical evidence from past researchers. The study found out that FDI positively influence Nigeria Economy system, that FDI funds can be used for long term development goal and therefore recommends that to promote growth and development in the economy, government should give priority to policies that could promote FDI inflows into the country such as tax holidays, infrastructural development, consistent power supply and good security outlet to address the issues of Boko Haram and their random bombing in some part of the country, kidnapping and militancy. This will go along way in creating job opportunities for the unemployed youth band help in checkmating the high rate of poverty in the country thereby reducing the gap between rich and the poor.
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Olasehinde, Ireti Olamide, and Clement Folorunso Ajayi. "Foreign Direct Investment and Nigerian Economic Growth." Journal of Applied And Theoretical Social Sciences 4, no. 3 (September 26, 2022): 313–27. http://dx.doi.org/10.37241/jatss.2022.69.
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This paper examined the relationship between foreign direct investment (FDI) and economic growth (GDP) in Nigeria between 1981 and 2020, using Autoregressive Distributed Lag Bound technique (ARDL). From the findings, there existed a long-run significant relationship among the variables employed. Foreign direct investment (FDI) and real exchange rates (REXCR) showed positive significant short, and long-run impacts on economic growth (GDP) which is aligned with Abu (2013) and John (2016). While interest rates and trade openness have insignificant short and long-run impacts on the economic growth. The Pairwise Granger Causality exhibited bidirectional causality between foreign direct investment (FDI) and economic growth (GDP), demonstrating the influence of these two variables on each other, as supported by Mounir & Atef (2018). It is therefore recommended that government should introduce new approach to foreign direct investment by supporting with zero-interest loan and credit facilities for it to have better significant impacts on economic growth both in the short and long-run. Adequate Exportation of Nigerian products should be encouraged by export-promotion decree in order to boost trade openness to have significant impacts on the economic growth. Real Exchange rates (REXCR) should be properly controlled by monetary authorities for economic stability to maintain its significant impacts in future on Nigerian economy.
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Ilhéu, Fernanda. "Chinese Outward Foreign Direct Investment." International Journal of Asian Business and Information Management 1, no. 4 (October 2010): 43–56. http://dx.doi.org/10.4018/jabim.2010100104.
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In past years, China recorded a fast sustainable economic growth with an estimated average GDP growth rate of 9.7% in the period of 1980-2008, turning China into the world’s second largest economy. With an export oriented economic model, China is the most attractive developing country for FDI flows, both short and long term. In this regard, China has been able to achieve a foreign exchange reserve of US$ 2.2 trillion, the world´s largest reserve currency. Around 50% of this huge reserve is being applied in American bonds, while the remaining supports Chinese health and social security systems, bank solvability, internationalization of their economy, investment in geostrategic positioning, and making foreign aid available to other developing countries. During the 2008 global crisis, China was able to resist better than other major world economies, benefitting from this downturn to implement policies to reduce its economic imbalances. One of these imbalances is the gap between Chinese FDI and OFDI, which is now progressively narrowing. In the near future, OFDI is expected to be larger than FDI, and in this paper, the authors research whether Chinese OFDI can be explained by existing theories or if a new theory is required.
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Kraja Boriçi, Ylvije, and Elezi Osmani. "Foreign Direct Investment and Economic Growth in Albania." ECONOMICS 3, no. 2 (December 1, 2015): 27–32. http://dx.doi.org/10.1515/eoik-2015-0014.
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Abstract Since the 1980s, foreign direct investment inflow (FDI) has grown significantly in most developing countries while pertaining Alania, foreign direct investment has started after the 1990s. A lot of developing countries have made policies aimed at reducing FDI barriers. Foreign capital globalization, particularly FDI inflow is increased significantly in developing countries, due to the fact that FDI is the most stable and prevalent component of foreign capital inflows (Adams, 2009) Foreign direct investments are a very important factor for the development of a country and Albania has still much to be done to encourage such investments, especially in the legislative framework. The authors are trying to give the answer to the question that how does foreign direct investment in the Albania affect the nation’s economy? The authors identify that foreign direct investment improves technology and has positive impact on economic growth. Because the overall theory is that FDI inflow enhances and sustains economic growth in the host country.
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SAHOO, DUKHABANDHU, and MAATHAI K. MATHIYAZHAGAN. "ECONOMIC GROWTH IN INDIA: "DOES FOREIGN DIRECT INVESTMENT INFLOW MATTER?"." Singapore Economic Review 48, no. 02 (October 2003): 151–71. http://dx.doi.org/10.1142/s0217590803000748.
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The main objective of this paper is to examine the role of Foreign Direct Investment (FDI) in promoting the growth of the economy via export promotion by using the annual data from 1979–80 to 2000–01. This study uses the Johansen co-integration test and the results demonstrate that there is a long run relationship between Gross Domestic Product (GDP), FDI and Export (EX). The same relationship is also established when the Index of Industrial Production (IIP) replaces GDP. However, the positive elasticity coefficients between FDI, GDP and FDI, IIP are less than the positive elasticity coefficient between EX, GDP and EX, IIP. It implies that EX plays a comparatively better role in the growth of the Indian economy than FDI. Thus, on the eve of India's plan for further opening up of the economy, it is advisable to open up the export-oriented sectors so that a higher growth of the economy can be achieved through the growth of these sectors.
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Olomola, PA. "The FDI-growth hypothesis: A VAR model for Nigeria." South African Journal of Economic and Management Sciences 7, no. 1 (July 23, 2004): 170–84. http://dx.doi.org/10.4102/sajems.v7i1.1435.
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The objective of this study was to examine the causal relationship between foreign direct investment and economic growth in Nigeria using annual data covering the period 1970 to 2002. The study employed the Granger causality procedure to test the direction of causality between foreign direct investment and economic growth for the Nigerian economy. The endogenous production function was derived to accommodate foreign investment and other domestic policies that could influence growth and foreign investment. The study found a one-way causality between from foreign direct investment to economic growth. The implication arising from this study is that Nigeria should adopt policy whereby FDI is attracted to promote economic growth.
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Abd Rahman, Nur Hayati, Khairunnisa Abd Samad, Shahreena Daud, and Zarinah Abu Yazid. "Intellectual Property and Foreign Direct Investment." Jurnal Intelek 14, no. 2 (November 29, 2019): 26–32. http://dx.doi.org/10.24191/ji.v14i2.214.
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With help from both domestic and international markets, ASEAN countries are able to catch-up withthe latest economic development if they can sustain high economic growth for a long-period of time. To doso, the resources available in countries such as capital and labors should fully be utilized up to theoptimum level. The capital itself can be in many forms such as investment. Since most of the ASEANcountries are categorized as developing countries, the reliance on foreign direct investment (FDI) as asource of growth is highly needed as it helps the economy to step on a higher stage of economic developmentvia the roles of foreign experts and technological transfer. In ensuring a higher level of investment, there isa need to ensure a high level of intellectual property protection since it assists in promoting invention,innovation and new business development. In opposite, lacking in protection might discourage foreigninvestors to invest in the countries, thus limiting the ability of the countries to grow further. Therefore, theaim of this paper is to examine whether strong intellectual property protection will really help in attractingmore foreign investors to invest in ASEAN-5 countries. Using annual data from 2007 to 2016, panel dataestimation using random effect is employed. It was found that the ASEAN-5 countries should strengthentheir intellectual property protection in order to stimulate higher foreign investments. Nevertheless, inbetween copyright and patents, copyrights protection gives significant effect to the FDI inflows relative tothe latter one. It indicates that the countries are slowly moving out from the production-based economy andcatching-up towards a digital economy.
Keywords: ASEAN-5, foreign direct investment, intellectual property protection, digital economy, copyrights
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Muse, Abdillahi Nedif, and Saidatulakmal Mohd. "Impact of Foreign Direct Investment on Economic Growth in Ethiopia." Latin American Journal of Trade Policy 4, no. 10 (September 3, 2021): 56. http://dx.doi.org/10.5354/0719-9368.2021.61853.
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This article analyses the impact of foreign direct investment (FDI) on Ethiopia’s economic growth.
For this purpose, it uses Vector Autoregressions (VARs) model for the period comprised by years
1981-2017. It finds that FDI had a significant positive impact on Ethiopia’s economic growth for
both the short and long-run periods. Adequate human capital and stable macroeconomic
envirornment have catalysed the contribution of FDI to economic growth. Gross fixed capital
formation and government consumption exerted a negative and significant effects on economic
growth during the period of interest. Moreover, the study reveals that there is no causal relationship
between FDI and economic development. Ethiopia needs to open up the economy and restructure
the financial sector to attract foreign multinational companies (MNC), especially in the manufacturing
and agro-industry sectors. Human capital investment should be strength to absorb more foreign
direct investment and transform the agricultural-based economy to a modern one. Effective
budgeting system and prioritisation of government consumption will support a more rapidly growing
economy.
Dissertations / Theses on the topic "Foreign Direct Investment, Economic Growth, Afghan Economy"
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Stockmann, Ann-Sophia. "The Effects of Chinese FDI and Infrastructure on Economic Growth across the Belt and Road." Thesis, Uppsala universitet, Nationalekonomiska institutionen, 2019. http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-388930.
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China has gone through a phase of rapid economic development in the last four decades. The country is the world’s biggest economy, measured in GDP purchasing power parity terms, and the largest trading nation in terms of the total sum of exports and imports of merchandise trade. With the launch of the century’s largest infrastructure project – the Belt and Road Initiative (BRI) – by Xi Jinping in 2013, China is planning to revive the Ancient Silk Roads in order to gain geopolitical power beyond Asia. Thus far, huge flows of FDI have already made their way from China to countries along the Belt and Road, especially the ones in need of additional infrastructure provision. In this paper, the effect of Chinese outward FDI on economic growth in the BRI economies through infrastructure development is examined, thereby conducting a cross-country analysis with panel data for 34 and 27 countries, respectively, over the period 2005–2017. The direct effect of Chinese FDI on economic growth in BRI countries is ambiguous, supporting previous literature on FDI and economic growth. When adding infrastructure indicators to the regressions and accounting for the endogeneity problem, the effect of Chinese FDI on economic growth changes but remains insignificant, nevertheless. This is most likely due to the reduced sample sizes, on the one hand, and the fact that Chinese construction contracts play a bigger role than actual FDI in the BRI.
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Hernández-Rodríguez, Víctor Manuel. "Why not Mexico? Policy Recommendations for a Globally-Oriented Economic Strategy." Scholarship @ Claremont, 2018. http://scholarship.claremont.edu/cmc_theses/1968.
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Mexico, one of the world’s largest economies and an increasingly relevant actor in international affairs, is at a crucial point in defining its future policy course. Given the uncertainty surrounding the global economy, as well as the political situation in Mexico, it is important to have a clear vision for policy going forward. This thesis offers a foundation for a national economic strategy with a long-term vision, upon which future administrations can build as appropriate to maximize on the country’s economic potential. The task is undertaken through a three-part approach. First, a thorough and analytical overview of the country’s economic history provides context and lessons from which to learn. Second, key economic issues to be addressed are identified through an evaluation of the current context and economic outlook. Finally, an evaluation of successful policy implementation, domestically and abroad, provides a basis that can be adapted to address the issues identified as they affect Mexico. The result is a series of six policy recommendations along two axes aimed at tackling the aforementioned key issues. These recommendations are by no means exhaustive, nor are they meant to be. The expectation is that they may serve to align national policy to global economic trends, underlying a plausible strategy to realize Mexico’s productive potential.
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Oliveira, Alexandre da Silva de. "O investimento direto estrangeiro como poupança externa para a infraestrutura: um estudo sobre a economia brasileira dos anos 2000." Pontifícia Universidade Católica de São Paulo, 2011. https://tede2.pucsp.br/handle/handle/9150.
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Previous issue date: 2011-05-17ABSTRACTThe research analyzes the Brazilian infrastructure, emphasizing the foreign savings impacts, represented by foreign direct investment (FDI), domestic public and private investments, and regulatory and institutional environment of the 2000s. The research focuses an evaluation of the hypothesis that the Brazilian infrastructure development, characterized by natural monopoly, and the state such as an inducer and regulator of long-term economic growth. The rationale is that public investment mainly from Economic Plan such as Plano de Metas and II PND, increased private national and foreign investments until the 1970s. In contrast, the infrastructure bottleneck due to state intervention lack and economic restructuring of 1980-1990s provided an opportunity for the new cycle of infrastructure investments since 2000s, boosted by the macroeconomic fundamentals consolidation with Plano Real and Brazilian Economic Growth Acceleration (PAC). However, there is an unfavorable environment for domestic and foreign private investment in infrastructure because of Brazilian regulatory uncertainties and low level of public investments. Chapter 1 presents a Keynesian and neoclassical theory review on the investment and savings for a closed economy, but also the growth with foreign savings issue as a development strategy for an open economy, such as in Brazil, followed by FDI review. Besides presents the institutions and regulation impacts on investments and, finally, presents the economic planning and the state role as an economic growth long term promoter. Chapter 2 presents the Infrastructure investments cycles, especially for 1930-1970s, industrialization and Infrastructure investments increasing; 1980-1990s State crisis, macroeconomic imbalances, low infrastructure s investments level and privatization redefining the foreign investment role and; 2000s with the review concerning State as the main economic growth inducer and regulator, the new infrastructure s investments cycle due public funding, focusing the BNDES role. Chapter 3 presents the relationship between the Brazilian and foreign capital infrastructure, with emphasizing on FDI inflows/instocks for Brazil and an international comparison with the other BRIC countries
RESUMOO trabalho analisa a infraestrutura brasileira, com destaque para os impactos da poupança externa, representada pelo investimento direto estrangeiro (IDE), a evolução dos investimentos domésticos, públicos e privados, e o ambiente regulatório e institucional dos anos 2000. A hipótese é que o desenvolvimento da infraestrutura brasileira, por sua característica de monopólio natural, requer um Estado indutor e regulador do crescimento econômico de longo prazo. A justificativa é que os investimentos públicos, principalmente, do Plano de Metas e o II PND, ampliaram os investimentos privados nacionais e estrangeiros em infraestrutura até os anos 1970. Em contraposição, a carência de infraestrutura, em virtude da ausência estatal e da reestruturação produtiva dos anos 1980 e 1990 representou uma oportunidade para o início de um novo ciclo de investimentos em infraestrutura iniciado nos anos 2000, impulsionados pela consolidação dos fundamentos macroeconômicos do Plano Real e pela implementação do Plano de Aceleração do Crescimento (PAC). Contudo, ainda há um ambiente desfavorável aos investimentos privados, nacionais e estrangeiros em infraestrutura em virtude, principalmente, das incertezas regulatórias e do baixo investimento público no país. Isto posto, no capítulo 1 é apresentada uma revisão da teoria keynesiana e neoclássica acerca do investimento e poupança para uma economia fechada, como também a questão do crescimento com poupança externa como estratégia de desenvolvimento para uma economia ao exterior, como é a brasileira. Na sequência são apresentadas algumas notas teóricas acerca dos investimentos diretos estrangeiros (IDE), um resgate dos impactos das instituições e regulação sobre os investimentos e, por fim, apresenta-se o papel do planejamento econômico e do Estado indutor do crescimento econômico de longo prazo. No capítulo 2 são apresentados os ciclos de investimentos em infraestrutura, com destaque para os anos 1930-1970, que marca o início industrialização e ampliação dos investimentos em infraestrutura; 1980-1990 com a crise do Estado, desequilíbrios macroeconômicos, escassez de investimentos públicos em infraestrutura e as privatizações, que redefiniram o papel dos investimentos estrangeiros no país; e os anos 2000, com a retomada do Estado como principal indutor e regulador do crescimento, e o novo ciclo de investimentos em infraestrutura, viabilizado pelo financiamento público, com destaque para o papel do BNDES. Já no capítulo 3 são apresentadas as relações entre a infraestrutura brasileira e o capital externo, com ênfase para um estudo sobre a evolução do IDE para o Brasil e uma comparação internacional com os outros países do BRIC
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Asafo-Adjei, Augustina. "Foreign direct investment and its importance to the economy of South Africa." Diss., 2007. http://hdl.handle.net/10500/1332.
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This study focuses on foreign direct investment ("FDI") and its importance to the economy of South Africa. Recognising that FDI, notwithstanding the type, can contribute to economic growth and development, most countries including South Africa are constantly working to attract it, and hence its demand has become highly competitive. However, FDI does not go without some negative effects, such as conflicts between host and investor country, and the creation of damaging competition to local firms. These negative effects could be minimised if policies and strategies for the promotion and attraction of FDI is part of, and integrated into, general economic development and economic reform policies, and not seen in isolation. Although South Africa has implemented strategies to attract more FDI, a refinement of some of these policies is needed if the country is to be successful in this regard.Economics
M. Comm. (Economics)
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Raguragavan, Jananee. "Foreign direct investment and its impact on the New Zealand economy : cointegration and error correction modelling techniques : a thesis presented in partial fulfilment of the requirements for the degree of Doctor of Philosophy in Economics at Massey University, New Zealand." 2004. http://hdl.handle.net/10179/1644.
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Ongoing globalisation has resulted in more liberalisation, integration, and competition among countries. An upshot of this has been higher levels of cross-border investment. Foreign direct investment (FDI), long considered an engine of growth, has led to widespread probe with its recent rapid spread. Nevertheless, while research on the contribution of FDI to host countries has concentrated heavily on the developed and developing economies, there has been a marked neglect of small, developed economies. This study proposes to focus on New Zealand, a country that falls within the latter category. The study seeks to verify econometrically the impact of FDI on the country through causality links with growth, trade, domestic investment and labour productivity. The analysis is based upon time-series data, the econometric techniques of single, autoregressive distributed lag (ARDL), and the multiple equations approach, vector error correction method (VECM). The study found that there have been substantial gains to the New Zealand economy. A positive effect of FDI on the variables mentioned above led to an improvement of the balance of payments through an increase in exports rather than in imports. Economic growth has mainly been achieved through FDI's impact on exports and domestic private investment. The dynamic innovation techniques indicated a bi-directional causality between FDI and the variables. The long-run causality, however, runs mainly from growth and labour productivity to FDI rather than in the opposite direction. Another noticeable feature is that New Zealand's regional agreement with Australia, Closer Economic Relations, has brought the country significant gains in terms of growth and development through FDI. Both the ARDL and VECM approaches suggest that for a small, developed country qualitative impacts are greater than quantitative ones. The policy implication is that maintaining sustainable economic growth with a positive domestic investment environment is vital for attracting foreign investors. New Zealand, while continuing to encourage inward FDI, should aim to channel it into 'innovative' tradable sectors. The challenge lies in providing the right kind of policy mix for this purpose.
Books on the topic "Foreign Direct Investment, Economic Growth, Afghan Economy"
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1955-, Aryeetey Ernest, and International Conference "Asia and Africa in the Global Economy" (1998 : Tokyo, Japan), eds. Asia and Africa in the global economy. Tokyo: United Nations University Press, 2003.
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Haggard, Stephan, and Myung-Koo Kang. The Politics of Growth in South Korea. Edited by Carol Lancaster and Nicolas van de Walle. Oxford University Press, 2015. http://dx.doi.org/10.1093/oxfordhb/9780199845156.013.22.
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This article examines the political origins of South Korea’s rapid economic development in the 1960s and 1970s, with emphasis on the enduring effects of the developmental state era. It begins by considering developments since 1980, including the influence of democratization, the causes and consequences of the financial crisis of 1997–1998, and the market-oriented reforms pursued by the government in the wake of the crisis. It then discusses the legacy of the developmental state era in the coverage of the welfare state, along with the liberalization of the Korean economy beginning in the 1980s. The article documents South Korea’s transition into a market economy, marked by reforms in the financial sector and corporate governance, as well as reforms in foreign direct investment and even labor markets. Finally, it appraises a number of challenges that the Korean political economy must deal with, including growing economic and social polarization, inequality, and the social policy agenda.
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Schiller, Dan. Introduction. University of Illinois Press, 2017. http://dx.doi.org/10.5406/illinois/9780252038761.003.0016.
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This book explores the notion of digital capitalism and its crash in 2007–2008, which it attributes to the uneven character of information and communications technology (ICT). It advances two main arguments: that the economic contributions made by ICT to digital capitalism rendered digital technology a fundamental pole of growth; and that, when it arrived, the economic crisis could be traced not only to financial speculation but to capital's multifaceted integration of digital systems into the political economy. In this account, the contradictory matrix of technological revolution and stagnation that constitutes capitalism today is highlighted. The book also elucidates the role of information and communications in the political economy's chief developmental processes, including capital's reorganization of the system of production, through fresh cycles of labor restructuring and spiking foreign direct investment; capital's concurrent ingress into finance; escalating military procurement spending; and the wide-ranging changes in the ICT sector. Finally, it considers how commodity chains bring together diverse labor systems to effect globally distributed production processes.
Book chapters on the topic "Foreign Direct Investment, Economic Growth, Afghan Economy"
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Balasubramanyam, VN, Mohammed Salisu, and David Sapsford. "Foreign Direct Investment and Economic Growth in LDCs: Some Further Evidence." In Creating an Internationally Competitive Economy, 233–49. London: Palgrave Macmillan UK, 2001. http://dx.doi.org/10.1057/9780230557062_13.
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Kapusuzoglu, Ayhan, and Nildag Basak Ceylan. "The Impact of Russian Economy on the Trade, Foreign Direct Investment and Economic Growth of Turkey: Pre- and Post-Global Financial Crisis." In Contributions to Economics, 275–86. Cham: Springer International Publishing, 2017. http://dx.doi.org/10.1007/978-3-319-47021-4_20.
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Chakraborty, Saptarshi. "Financial Infrastructure and Economic Growth." In Foreign Direct Investments, 329–58. IGI Global, 2020. http://dx.doi.org/10.4018/978-1-7998-2448-0.ch013.
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This chapter attempts to explore both a theoretical and empirical relationship between financial infrastructure and real sector of the Indian economy. It first presents an endogenous growth model where economic growth, proxied by the incremental output-capital ratio, depend on the financial infrastructure through three routes, namely, by changing the quantity of investible resources or by affecting the efficiency of utilization of a given quantity of resources or both, of which the former can either be through change in the amount of savings channeled to investment or change in the rate of savings. A time-series econometric analysis shows that the financial sector variables can explain near about 96% of the changes in real economic growth in India, which is an excellent goodness of fit. It concludes that the development of the financial infrastructure helps the Indian real sector grow both in the short-run and in the long-run. Unlike contemporary literature that prescribes diminished role, our study suggests a greater role of the govt. to ensure long-run economic growth.
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Kasemsap, Kijpokin. "Foreign Direct Investment." In Advances in Finance, Accounting, and Economics, 239–57. IGI Global, 2017. http://dx.doi.org/10.4018/978-1-5225-2361-1.ch012.
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This chapter indicates the overview of Foreign Direct Investment (FDI); FDI entries and export; FDI and spillover effects; FDI, human capital, and absorptive capacity; and the significance of FDI in the global economy. FDI is an investment in a business by an investor from another country for which the foreign investor has control over the company purchased. FDI offers a source of external capital and increased revenue. FDI can be a tremendous source of external capital for the developing countries, which can lead to economic development. Through FDI, capital goes to whatever businesses have the economic growth anywhere in the world. FDI helps in increasing the output through the utilization of advanced technology and management techniques. FDI benefits investors, businesses, and the global economy. FDI contributes to foreign exchange earnings, employment creation, and the increases in incomes in the global economy.
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Dorożyński, Tomasz, Agnieszka Kłysik-Uryszek, and Anetta Kuna-Marszałek. "Outward Foreign Direct Investment in Post-Transition Economy." In Foreign Direct Investments, 1258–77. IGI Global, 2020. http://dx.doi.org/10.4018/978-1-7998-2448-0.ch055.
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Recent two decades witnessed unprecedented changes in the economies of Central and Eastern Europe. Accelerated economic growth following systemic transformations, globalisation and liberalisation and EU integration visibly intensified international capital flows, including foreign direct investment (FDI). Intense internationalisation of an economy is usually perceived as a positive process, which – in general – gives an opportunity to accelerate growth and strengthen competitiveness. Therefore the authorities of an economy try to support FDI flows by implementing different incentives. The main goal of the chapter is to show the scale and scope of outward foreign direct investments (OFDI) of Polish companies in the light of economic transformation experience and authorities support. The chapter is organized as follows: first it presents Poland's path from centrally planned state to developed, competitive economy. Secondly, the focus is laid on support offered to companies undertaking OFDI ventures and finally on the scale and scope of Poland's outward investments.
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"Explaining industrial growth in coastal China: economic reforms . . . and what else?" In Foreign Direct Investment and the World Economy, 149–82. Routledge, 2007. http://dx.doi.org/10.4324/9780203966143-17.
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Adi, Agya Atabani, and James A. Rossi. "Foreign Direct Investment in China." In Foreign Direct Investments, 1205–18. IGI Global, 2020. http://dx.doi.org/10.4018/978-1-7998-2448-0.ch052.
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In accounting for the gaps in the literature between the period 2011 and 2016, more recent literature – particularly empirical related studies on the topic have been consulted to consolidate on the paper “Foreign Direct Investment in China: Its Sectoral and Aggregate Impact on Economic Growth”. As highlighted by Wei (2013), it is important to recognize and acknowledge that the relationship between FDI and employment is affected by many variables, such as growth of the national population, increased exports, and growth of the domestic economy. Furthermore, as illustrated by Iamsiraroj and Doucouliagos (2015), whilst positive and negative effects may be demonstrated in relation to economic growth, in some countries, no effects can be deduced as regards the relationship between economic growth and FDI in certain other countries. This chapter also aims to accentuate the need for greater focus on environmental issues - as well as poverty alleviation - than is currently the case within the sphere and framework of Carroll's pyramid of Corporate Social Responsibility.
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Le, Ngoc, Xiaoqing Li, and Andrey Yukhanaev. "Locational Determinants of Foreign Direct Investment in the Vietnamese Economy." In Socio-Economic Development, 422–59. IGI Global, 2019. http://dx.doi.org/10.4018/978-1-5225-7311-1.ch023.
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This chapter investigates the determinants of inward Foreign Direct Investment (FDI) in the Vietnamese economy and their connection to the rapid economic growth the country has experienced. Using the concepts drawn from the extant Ownership-Location-Internalization (OLI) paradigm and Institutional-Based View (IBV) literature, and adopting a quantitative research with the application of secondary data analysis, the study found seven significant locational factors determining FDI inflows into the Vietnamese economy, such as business freedom, market size, labor cost, trade freedom level, inflation rate, human capital, and the effectiveness of property rights. Political risk, monetary freedom, corruption, the country's WTO accession, and the global financial crisis are found to be irrelevant to the inbound investments in the modern economy. A macro-level account and the policy implications are suggested for the promotion of FDI inflows into Vietnam to ensure the country's continuous and sustainable economic development.
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Bakır, Hasan, and Filiz Eryılmaz. "Causal Relationship between Foreign Direct Investment and Economic Growth." In Handbook of Research on Strategic Developments and Regulatory Practice in Global Finance, 319–30. IGI Global, 2015. http://dx.doi.org/10.4018/978-1-4666-7288-8.ch020.
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In this chapter, the authors investigate the causality relationship between the inflows of foreign direct investment (FDI) and economic growth as measured by Real Gross Domestic Product (GDP) per capita in Turkey during the period 1974-2012 by using the Granger causality tests. The causality test indicates that economic growth Granger-causes FDI. This means that there is bidirectional causality from Reel GDP to FDI in Turkey. So the author results support “the growth – driven FDI hypothesis”. This demonstrates that in the related time in Turkey, more direct foreign investment entered the economy together with an increase in economic growth.
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Marjanović, Darko, and Ivana S. Domazet. "Foreign Direct Investments." In Handbook of Research on Institutional, Economic, and Social Impacts of Globalization and Liberalization, 96–116. IGI Global, 2021. http://dx.doi.org/10.4018/978-1-7998-4459-4.ch006.
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Foreign direct investment is considered an effective way to enhance a country's comparative advantages. They are also a significant source of economic development, modernization, growth of production, exports, employment and income, and the main actors are multinational companies. Globalization of the market has increased the tendency for many companies to procure goods and services from different locations. The main goal of the paper is to present the structure and forms of FDI at the global level, as well as theories of FDI through the interconnectedness of multinational companies, their investments, and the economy of a country as an end user. The results of the research clearly indicate that it is in the interest of every country to attract as many FDI as possible, given that they are one of the success factors of the national economy in the global market. Therefore, the primary task of economic policy makers is to monitor world trends, harmonize domestic regulations and create an investment climate that will benefit foreign investors.
Conference papers on the topic "Foreign Direct Investment, Economic Growth, Afghan Economy"
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Ürüt Kelleci, Serap, and Emine Fırat. "Relationship Between Foreign Direct Investments and Economic Growth: The Azerbaijan Sample." In International Conference on Eurasian Economies. Eurasian Economists Association, 2017. http://dx.doi.org/10.36880/c08.01929.
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Today, foreign direct investment is very important for both developed and developing countries. It is seen as an opportunity to overcome the inadequacy of capital, especially in developing countries. It is expected that these investments will make a serious contribution in solving the problems related to the balance of payments, in the realization of the investments that will enable the growth of the economies, in increasing the employment.
The study will examine the size, development and effects of foreign capital in Azerbaijan economy. Azerbaijan, which is also known as transition economies, has gone from the Soviet Union in 1991 to regulating its economic structure from the beginning. At this point, they have undertaken various reforms to improve their inadequate investment capabilities and to attract foreign direct investment into the country. In this respect, they tried to have a share of this great pasty shared by the developed countries in the world.
In this study, firstly foreign direct investments and economic effects will be examined. Then, general information about Azerbaijani economy will be given and the dimensions and effects of foreign direct investments in Azerbaijan will be revealed. After the literature review on the subject has been made, the relationship between economic growth and foreign direct investment in Azerbaijan will be empirically analyzed. The figures for Azerbaijan during the period 1995-2015 were obtained from the World Bank.
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Uçkaç, Müdrike, Harun Bal, and Esma Erdoğan. "Why is Foreign Direct Investment Decreasing in the Turkish Economy?" In International Conference on Eurasian Economies. Eurasian Economists Association, 2022. http://dx.doi.org/10.36880/c14.02658.
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Foreign Direct Investment (FDI) is a type of external finance that is desired by all countries in order to accelerate capital accumulation and increase production, employment, and technological capacity. In the development process of the Turkish economy, FDI remained limited until the 1980s, and after this date, policy changes were made, and significant increases were experienced within the framework of the regulations and developments. Especially in the 2002-2015 period, it was seen that FDI to Turkey was the scene of historical records. With the last quarter of the 2010s, these increases slowed down and entered a regression process. These developments highlight the issue of FDI and its determinants and necessitate analysis in the context of its different dimensions. In this study, it is aimed to investigate the effects of some important indicators, which are thought to be the determinants of foreign direct investments in the Turkish economy, on FDI by using the data set for the period 2003:Q2-2019:Q4. Unit root test and Granger causality test were used to determine the said relationship. Based on the relevant literature, the factors expected to guide foreign direct investments are market volume, foreign trade openness rate, real exchange rate and fear index (VIX). Findings obtained in the study, foreign trade openness ratio and VIX are Granger causality of foreign direct investors. Accordingly, the past and present values of the foreign trade openness ratio and the VIX have a significant effect on foreign direct investors in Turkey, and a one-way causality relationship has been determined here. In the study, foreign direct investment has a one-way effect on the market volume, no causal relationship was found between the real exchange rate and foreign direct investment. In this context, it can be stated that Turkey needs measures to accelerate economic growth, as well as policies and practices that reduce country risks, in order to accelerate FDI.
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Korbi, Alban, and Blisard Zani. "Foreign Direct Investment (FDI) or Remittances? Which Contributes the Most to the Albanian Economy?" In 7th International Scientific Conference ERAZ - Knowledge Based Sustainable Development. Association of Economists and Managers of the Balkans, Belgrade, Serbia, 2021. http://dx.doi.org/10.31410/eraz.s.p.2021.47.
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Foreign direct investment (FDI) and remittances entering an economy often play a very important role in the development and growth of economies year after year. Especially for economies with similar typologies and characteristics like that of Albania, both of these elements promote economic development and serve as financial incentives. This paper aims to assess the contribution of remittances and foreign direct investment in the Albanian economy in the last three decades, through a multifactorial econometric model. The model uses three endogenous variables, the value of remittances, the value of a foreign direct investment and the value of gross domestic product for the time series 1992 - 2019. As it results from the analysis of the econometric model, both remittances and foreign direct investment payments have a positive impact on economic growth and the value of gross domestic product. It is also evident that remittances are the ones that affect the gross domestic product more compared to foreign direct investment.
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Khalid, Asma, Muhammad Hamdan Tahir, Hafiz Muhammad Bilal Asghar, Mubbasher Munir, Noman Arshed, and Hafeez Rehman. "A Meta-Analysis of Foreign Direct Investment and Economic Growth: An Empirical evidence from Pakistan during COVID 19 Policymaking." In 2020 International Conference on Data Analytics for Business and Industry: Way Towards a Sustainable Economy (ICDABI). IEEE, 2020. http://dx.doi.org/10.1109/icdabi51230.2020.9325699.
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Ganiev, Junus, Tezcan Abasız, and Damira Baigonushova. "Foreign Capital Inflows and Economic Growth in the Eurasian Economic Union Countries." In International Conference on Eurasian Economies. Eurasian Economists Association, 2022. http://dx.doi.org/10.36880/c14.02615.
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The theoretical foundation for foreign capital-led growth hypothesis could be traced back to the neoclassical and endogenous growth theories, which see capital as the main source of growth. Foreign capital inflows are important because they close the savings-investment gap in developing countries. After independence, the Eurasian Economic Union countries, which were faced with the problem of inadequacy of domestic resources for economic development, became highly dependent on foreign sources and gave great importance to foreign aid and foreign debt, as well as to foreign investments. When viewed proportionally, the share of foreign aid is naturally low, and infrastructure investments constantly increase the external debt burden of future generations. On the other hand, although foreign direct investments contribute to the country’s economy, they do not directly increase the country’s debt burden. Therefore, it is considered as a more preferred foreign source. In this study, the effects of foreign investments and total external debt on economic growth in the EAEU countries were investigated. The quarterly data of five countries for the period of 2010-2021 were analyzed by panel data analysis. According to the panel ARDL cointegration approach, it has been revealed that there is a cointegration relationship between external resources and GDP in the EAEU countries. It has been determined that only foreign direct investments and total foreign debt have a statistically significant effect on GDP in the long run. In accordance with the general literature and theory, both coefficients were positive.
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Tasevska, Ivona, and Pece Nedanovski. "Foreign Direct Investments in North Macedonia and the Balkan Region for the Period 2000–2021." In Fifth International Scientific Conference ITEMA Recent Advances in Information Technology, Tourism, Economics, Management and Agriculture. Association of Economists and Managers of the Balkans, Belgrade, Serbia, 2021. http://dx.doi.org/10.31410/itema.2021.51.
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Having in mind that North Macedonia’s goal is to integrate as much as possible into the global economy, it is particularly important to examine the extent and impact of FDI in North Macedonia. The topic underlines the importance that fulfills the purpose of this research, which is why foreign direct investment is important for a country, the factors that influence its growth and implementation in society. FDI is the driver of productivity, investment and economic growth. In addition, FDI increases the competitive pressure on the domestic market and stimulates technology transfer, innovation and digitalization. Through comparative analysis, we will try to show the movement of foreign direct investment in our country compared to countries in the region.
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Hadžić, Faruk, and Nebojša Savanović. "FISCAL POLICY IN BOSNIA AND HERZEGOVINA - AN INSTRUMENT FOR FASTER GROWTH OR ECONOMIC STAGNATION?" In Economic and Business Trends Shaping the Future. Ss Cyril and Methodius University, Faculty of Economics-Skopje, 2021. http://dx.doi.org/10.47063/ebtsf.2021.0008.
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The paper investigates the impact of fiscal policy on economic growth, foreign direct investment and employment in Bosnia and Herzegovina. The focus of research is fiscal policy, which as a lever of economic policy that affects economic growth and development. The aim of the research is to determine the impact of fiscal policy on the economy of Bosnia and Herzegovina and propose solutions for higher growth and development, a higher degree of foreign direct investment and reducing the unemployment rate. The results of the research show that the fiscal policy for the years that are the subject of the research, has affected the public debt of the state. High taxes and contributions have contributed to the spread of the gray economy, fiscal discipline is at a low level due to the management in this way of this lever of economic policy. Public financial management should be one of the key macroeconomic goals, with special emphasis on fiscal policy. The research went in the direction of analyzing current trends and proposals for improving the situation. The research aims to show the current statistical impact of variables on gross domestic product, on growth and development and the impact after the application of expansionary fiscal policy on the same variables. It is recommended that economic policy be conducted in the direction of releasing additional funds through the redistribution of taxes in favor of workers, in the direction of capital investments that will repay themselves, to reduce the rate of taxes and contributions on wages and with incentives for investors, to go towards stimulating production and tax reliefs for export-oriented activities with an effort to try to produce products whose production is possible in our conditions, and all this is mostly possible with the implementation of an expansive fiscal policy.
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Acaroğlu, Hakan, and Zeki Kartal. "Measuring the Effect of Globalization Level to Economic Growth for Turkey in the Duration of Integration to the Global Economy, 1961-2013." In International Conference on Eurasian Economies. Eurasian Economists Association, 2016. http://dx.doi.org/10.36880/c07.01732.
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The economic problems due to foreign trade and foreign direct investments are recently solved in the frame of global economy. This study surveys the effects of globalization to the economic growth in Turkey in the period 1961-2013 by the channels of the trade openness (OPENNESS) and foreign direct investments (FDIs) by using annual time series data. The data are obtained from Penn World Tables and World Development Indicators (2014 for Turkey). It is found with setting up the econometric model that, the trade openness is positively affecting the investment level and economic growth in the long term. On the other hand, the results of the applied economy policies are affecting the trade openness and economic growth significantly and positively. Those findings tell that Turkey is a successful actor of globalization process. In addition to this, what the economic policies that Turkey needs to do for a sustainable economic growth are emphasized in the study.
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Brašić Stojanović, Jovana. "STRANE DIREKTNE INVESTICIJE U SEKTORU USLUGA." In 14 Majsko savetovanje. University of Kragujevac, Faculty of Law, 2018. http://dx.doi.org/10.46793/xivmajsko.1083bs.
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Foreign direct investment is a key factor in accelerating economic growth and the development of countries around the world. Economic and legal connection and mutual conditionality of various world markets enabled free cross-border capital flow with the aim of investing in national economies of underdeveloped countries and developing countries. As the state receivers of capital expect a whole range of positive effects from foreign direct investment, this aims to influence the improvement of the investment climate, risk mitigation, increase in volume and the correct sectoral distribution of foreign direct investments by numerous measures and benefits for foreign investors. The foreign capital inflows were financed by all three sectors of the economy, but nonetheless foreign direct investments were the most frequent in the service sector, where investment in financial services, telecommunication services and information technology services were particularly significant. The potentials of developing countries, the size of the market and the development of technology have contributed to the inflow of foreign direct investment into the service sector, while countries have become more competitive and more prepared for the new challenges brought about by globalization.
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Tengiz, Yusuf Ziya, and Emine Şule Aydeniz. "The Analysis of the Effects of Financial Risks in Turkey and Russia on Basic Economical Data between 2000-2014." In International Conference on Eurasian Economies. Eurasian Economists Association, 2015. http://dx.doi.org/10.36880/c06.01353.
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Financial risks affect the basic economic indicators in a negative way and cause structural deformation of the countries’ economy. In this study, the most effected economic indicators due to financial risks in Turkey and Russia and to activate their economical future plans are determined. Thereby Turkey and Russia can execute economical collaboration due to their powerful economies. The basic reason for choosing Russia among the Eurasian countries is that Russia economic aspect is the most patronized among these countries. Linear regression analyze method is applied. Financial risks like exchange rates, interest rates and inflation are determined as independence variants and each economic indicator as dependent variant.
Gross domestic product (GDP) is mostly affected by annual deposit interest rate (ADIR) and annual loan rate (ALR) in Turkey and by annual loan rate and inflation in Russia. GDP growth rate is not affected by financial risks in Turkey and Russia. Public gross import stock is affected by ADIR and ALR in Turkey and ALR in Russia. Public gross export stock is affected by US-dollar rate of exchange (RoE) in Turkey and Euro (RoE) in Russia. Import is affected by ADIR and ALR in Turkey and by ALR and Euro – Rouble rate (ERR) in Russia. Both countries export are affected by the same parameters. Current account balance is affected by ADIR and ALR in Turkey and ADIR and ERR in Russia. Composite index is not affected by financial risks in both countries. Same result is valid in foreign direct investment and GDP growth rate.