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1
Mulyadi, Martin Surya, Maya Safira Dewi, Yunita Anwar, and Hanggoro Pamungkas. "Indonesian And Australian Tax Policy Implementation In Food And Agriculture Industry." International Journal of Finance & Banking Studies (2147-4486) 3, no. 1 (January 21, 2014): 75–84. http://dx.doi.org/10.20525/ijfbs.v3i2.170.
Повний текст джерелаАнотація:
Tax policy is one of the most important policy in consideration of investment development in certain industry. Research by Newlon (1987), Swenson (1994) and Hines (1996) concluded that tax rate is one of the most important thing considered by investors in a foreign direct investment. One of tax policy could be used to attract foreign direct investment is income tax incentives. The attractiveness of income tax incentives to a foreign direct investment is as much as the attractiveness to a domestic investment (Anwar and Mulyadi, 2012).
In this paper, we have conducted a study of income tax incentives in food and agriculture industry; where we conduct a thorough study of income tax incentives and corporate performance in Indonesian and Australian food and agriculture industry. Our research show that there is a significant influence of income tax incentives to corporate performance. Based on our study, we conclude that the significant influence of income tax incentives to Indonesian corporate performance somewhat in a higher degree than the Australian peers. We have also concluded that Indonesian government provide a relatively more interesting income tax incentives compare to Australian government. However, an average method of net income –a method applied in Australia– could be considered by Indonesian government to avoid a market price fluctuation in this industry.
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Mulyadi, Martin Surya, Maya Safira Dewi, Yunita Anwar, and Hanggoro Pamungkas. "Indonesian And Australian Tax Policy Implementation In Food And Agriculture Industry." International Journal of Finance & Banking Studies (2147-4486) 3, no. 1 (January 19, 2016): 75. http://dx.doi.org/10.20525/ijfbs.v3i1.170.
Повний текст джерелаАнотація:
<p>Tax policy is one of the most important policy in consideration of investment development in certain industry. Research by Newlon (1987), Swenson (1994) and Hines (1996) concluded that tax rate is one of the most important thing considered by investors in a foreign direct investment. One of tax policy could be used to attract foreign direct investment is income tax incentives. The attractiveness of income tax incentives to a foreign direct investment is as much as the attractiveness to a domestic investment (Anwar and Mulyadi, 2012). In this paper, we have conducted a study of income tax incentives in food and agriculture industry; where we conduct a thorough study of income tax incentives and corporate performance in Indonesian and Australian food and agriculture industry. Our research show that there is a significant influence of income tax incentives to corporate performance. Based on our study, we conclude that the significant influence of income tax incentives to Indonesian corporate performance somewhat in a higher degree than the Australian peers. We have also concluded that Indonesian government provide a relatively more interesting income tax incentives compare to Australian government. However, an average method of net income –a method applied in Australia– could be considered by Indonesian government to avoid a market price fluctuation in this industry.</p>
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Rimmer, Susan Harris. "Australian experiments in creative governance, regionalism, and plurilateralism." International Journal: Canada's Journal of Global Policy Analysis 71, no. 4 (December 2016): 630–50. http://dx.doi.org/10.1177/0020702016686383.
Повний текст джерелаАнотація:
The previous Abbott government had prioritized a general attitude to foreign policy captured by the phrase “Jakarta not Geneva,” which signified a preference for bilateral or minilateral interactions with the region rather than United Nations-based multilateralism. With Julie Bishop MP as Australia’s first female foreign minister, the Coalition also prioritized economic diplomacy, as exemplified by the repeated refrain that Australia is “open for business.” This approach led to a preference for diplomatic venues and processes that focused on continuing investments in regional architecture, new emphasis on minilateral dialogues such as the Indian Ocean Rim Association (IORA) and Mexico, Indonesia, Korea, Turkey, and Australia (MIKTA), and more effort directed to bilateral and plurilateral processes such as the Trans-Pacific Partnership trade negotiations. This approach has been continued under Prime Minister Turnbull, with a renewed focus on innovation. Part 1 considers minilateral and regional investments in the Indo-Pacific region, primarily, IORA, the Asia-Pacific Economic Cooperation (APEC), and the Association of South East Asian Nations (ASEAN). I consider MIKTA a unique vehicle for Australian diplomacy. Part 2 considers what issues Australia should be pursuing through these forums, with a focus on the two themes of gender equality (as an example of niche diplomacy) and trade (multilateralism under pressure) as case studies. Beeson and Higgott argue that middle powers have the potential to successfully implement “games of skill,” especially at moments of international transition. How skilful have Australia’s efforts been in these minilateral dialogues, enhanced regionalism, and plurilateral processes, and what more can be achieved in these forums? Are these efforts creating more fragmentation of the rules-based order, or are they a way to overcome global governance stalemates? I set out the arguments for whether Australia, as a pivotal power, should generate more global options, or be more focused on inclusion in the Asia-Pacific region.
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Johnston, Judy. "Assessing Government’s Performance Management Capability: the Case of the Australian Electricity Industry." International Review of Administrative Sciences 70, no. 1 (March 2004): 123–36. http://dx.doi.org/10.1177/0020852304041235.
Повний текст джерелаАнотація:
When governments open up opportunities for private investment in traditional public sector areas, it is increasingly clear that a useful range of performance management information needs to be available to both government and business. Government needs to know how it is performing, comparatively, within and beyond its own domain, for the development of public policy and productivity enhancement. Business needs to know, understand and monitor the industry environment in which investment is contemplated or has already taken place. Performance measurement and monitoring is especially important where governments wish to attract foreign direct investment (FDI) to their shores. Whether governments manage performance and information well or are still constrained by bureaucratic and political thinking is still at issue. Using the example of the contrived national electricity market in Australia, this article, through literature and document review, examines the likely value to government and business of performance information, now available in the public domain. First, the article considers some of the changes to the Australian electricity industry. Second, specific performance indicators relevant to the national electricity market are examined in terms of their utility for government and business decision-making. Third, the impact of the political environment on performance management information is explored. The article concludes that while some important quantitative performance management information is available in a rational sense, other more political, qualitative indicators also need to be taken into account.
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Trakman, Leon E. "Investor State Arbitration or Local Courts: Will Australia Set a New Trend?" Journal of World Trade 46, Issue 1 (February 1, 2012): 83–120. http://dx.doi.org/10.54648/trad2012004.
Повний текст джерелаАнотація:
The Australian Government announced in April 2011 that it will no longer include arbitration clauses in its investment treaties but will provide that investment disputes between foreign investors and host states be heard by the domestic courts of those host states instead. This statement reflects doubts by a developed state about the efficiency of bilateral investment treaties (BITs) in general and investment arbitration in particular. It also raises the question whether other countries will follow particular strategies to suit their discrete needs. One ramification is that resource wealthy states will make tactical decisions, such as entering into BITs only with capital exporting countries, as South Africa has declared. Another is whether developed states will avoid concluding BITs with developing countries whose domestic court systems are unknown or mistrusted. Yet another issue is how a policy statement, such as enunciated by Australia, will impact on its ability to attract foreign investment while protecting its national interests and also its investors abroad. This article deals with these issues, highlighting the significance of competing dispute resolution options in addressing the issues.
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Van Hoa, Tran, Lindsay Turner, and Jo Vu. "Economic impact of Chinese tourism on Australia." Tourism Economics 24, no. 6 (April 23, 2018): 677–89. http://dx.doi.org/10.1177/1354816618769077.
Повний текст джерелаАнотація:
China’s trade, tourism and limited foreign direct investment (FDI) to Australia have been regarded as playing an important part in Australia’s growth and prosperity in recent years. In spite of the fact that these activities are the three principal growth determinants in modern economic integration theory, growth studies based on this theory’s structural framework, while highly appropriate, have hardly been undertaken. This article proposes to fill the gap by formally developing an endogenous causal model of simultaneous growth and tourism for policy analysis. In this model, trade, FDI and tourism are specified as the main contributing factors to growth. Simultaneously, gravity theory (including growth) and the Ironmonger–Lancaster new consumer demand theory determine tourism, while ‘economic conditionality’ potentially affecting both growth and tourism in the sense of Johansen is recognized and incorporated. The model is then applied to Australian and Chinese data for the important post-Japanese tourist boom period 1992–2015, to provide substantive findings on three questions: the impact of Chinese tourism to Australia, Chinese tourism determination and the effects of Chinese trade and key macroeconomic indicators on Australian economic growth. Significant policy implications are then developed for use by government tourism planners and policymakers.
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Greenstock, Jeremy. "Reorienting Foreign Policy." National Institute Economic Review 250 (November 2019): R34—R39. http://dx.doi.org/10.1177/002795011925000115.
Повний текст джерелаАнотація:
Executive SummaryAfter Brexit, the UK must show that it has a voice. It will need to re-earn international respect, and in particular establish the concept of a ‘global Britain’ on the basis of performance, not rhetoric. That means re-establishing a strong network of relationships around the world in support of its security and economic health, but also continuing to play a leading role in support of the international rules-based order. For example, it should make the most of its continuing status as a Permanent Member of the UN Security Council to act as a problem-solver and system-enhancer in the collective interest.An early, first-order priority will be establishing a new, mutually beneficial partnership with the European Union, which continues to form our economic and political neighbourhood. Reconstructing a modern relationship with the United States is not secondary to that, but cannot substitute for it and must be undertaken in recognition of the differing interests and instincts of the two sides. A further challenge is building the right relationship with China based on mutual interest in trade, peace, and international respect and on confronting expansionist or opportunistic practices. With Russia, too, it is possible to design a predictable set of behaviours on either side, and with both countries good communication channels will need to be maintained.Brexit gives the UK the scope to construct a more deliberate diplomatic approach to the rest of the English-speaking world than was explicitly possible as an EU member – notably in working with Canada, Australia and New Zealand to promote the international rules-based order. But this should be complemented by more effective outreach to non-English-speaking countries, notably in support of trade and investment opportunities with emerging nations. But with them as with all the UK's interlocutors, the need to earn its place, and to show that it realises that, will be vital.In defence and security, the UK will continue in its commitment to the strength of NATO as its essential alliance under US leadership, while also liaising carefully with EU Member States as they seek to improve their own capacities to contribute to European security. But it cannot simply rely on old institutional structures. It needs to lead, for example by playing a stronger role in the control of non-military forms of aggression, such as cyber warfare, economic sanctions, rivalry in space, and commercial espionage.A strategy for realising the UK's interests in the international arena will require the Prime Minister's constant attention, but also a specific mandate for a very senior minister to supervise the interlinked policy areas of foreign affairs, international development, and international trade within a single government department.
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Epper, Mark, and John Charters. "THE ENVIRONMENT FOR RAISING FUNDS FOR PETROLEUM EXPLORATION IN THE 1990s." APPEA Journal 31, no. 1 (1991): 545. http://dx.doi.org/10.1071/aj90040.
Повний текст джерелаАнотація:
Private shareholders' equity has traditionally funded greenfield exploration programs in Australia in the 1980s. In the next decade junior exploration companies will again need to rely on funding from both current and potential shareholders. However, the major difference between the 1980s and the 1990s will be the level of difficulty for companies seeking to raise funds. Recent events have sapped potential investor confidence, particularly private investors, and notably, in oil and gas exploration companies.The recent events in the Middle East and the need for some degree of energy self-sufficiency make investment in oil exploration essential for Australia right now. Exploration requires substantial amounts of risk capital which, at this time, is not flowing from traditional sources. Rather, we are seeing a concentration of ownership in the hands of financial institutions and a handful of producing companies and foreign multinationals. It is essential for the Federal Government to recognise the need to offer further incentives to encourage the private sector to invest in exploration companies. In this paper we suggest that the most effective mechanism for such incentives is through some minor modifications to the Australian taxation system.The oil exploration industry must pursue Government in a co-ordinated manner for assistance in raising funds particularly as the requirement for action is urgent. Industry bodies, such as the Australian Petroleum Exploration Association Ltd (APEA) have recently petitioned the Federal Government with recommendations but the Government has failed to accept these proposals on the grounds that they are inconsistent with present tax policy. If this is the case it is time present policy was changed.Clearly, all exploration companies will take whatever action is possible to raise funds for exploration and not simply look in vain for government salvation by handout. However, in the interests of Australian national security, the government has a responsibility to encourage and foster oil and gas exploration.Since planning for this paper commenced in July 1990, oil prices have leapt from US$18 to approximately US$40 per barrel. Should prices such as these (not experienced since the early 1980s) continue, it will make investment in exploration companies more attractive to all investors while at the same time it will test severely the endurance of the equity market generally.
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King, Demus. "2015 Offshore Petroleum Exploration Acreage Release." APPEA Journal 55, no. 1 (2015): 67. http://dx.doi.org/10.1071/aj14006.
Повний текст джерелаАнотація:
The oil and gas sector is a key contributor to the Australian economy, contributing $30.8 billion in commodity export earnings in 2013–14 (Department of Industry and Science, 2015). Underpinning future growth in the value of oil and gas to the Australian economy is the almost $200 billion of investment in seven LNG projects under construction. Australia relies on foreign capital to continue to explore for, and develop, its natural resources. New challenges and opportunities are arising for the sector. Increased international competition, advancing technology, and increasing risks and volatile costs associated with the development of fields are features of the current offshore operating environment. Australia’s legislative and policy settings must be sufficiently robust and flexible to support the continued development of Australia’s offshore resources into the future. To this end, the Australian Government is undertaking a high-level strategic review of the resource management framework for offshore petroleum resources in Commonwealth waters. The review will test the robustness of the policy, legal and regulatory regime to ensure the framework remains flexible enough to keep pace with the evolving environment and continues to attract investment. The annual Offshore Petroleum Exploration Acreage Release facilitates new investment in offshore petroleum exploration. The 2015 Acreage Release is accompanied by an updated exploration guideline. The guideline increases flexibility in permit management and clarifies competitive work program bidding expectations and good standing as well as providing more flexibility in the way good standing agreements may be discharged. This will enable industry to undertake exploration with increased autonomy and reduce the administrative burden. It accommodates changing technological capacity and encourages increased exploration in Australia’s offshore waters.
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Salem, Saber. "Chinese Foreign Aid to Fiji: Threat or Opportunity." China Report 56, no. 2 (April 29, 2020): 242–58. http://dx.doi.org/10.1177/0009445520916875.
Повний текст джерелаАнотація:
China’s political, economic and cultural influence is steadily rising in Fiji and the Pacific region as a whole. The Sino–Fiji cooperation deepened at multiple levels after the Fijian military assumed power through a coup d’état and removed the civilian government from power in late 2006. This ‘undemocratic behaviour’ infuriated the two regional powers—Australia and New Zealand who then applied sanctions on Fiji, particularly the military brass, and encouraged their counterparts as well as multilateral aid organisations to ‘punish’ Fiji’s military ‘regime’. The military government in order to derail the impact of sanctions from its traditional donors adopted the ‘Look North Policy’, which was opening cooperation with China and attracting Chinese investment in Fiji. China welcomed the friendship gesture and furnished Fiji with financial assistance. This Chinese friendship was also due to Taiwanese involvement in the region, which was providing aid for diplomatic recognition and support at the UN. The ‘microstates’ hold about 7 per cent of UN votes. Both China and Taiwan need their votes at multilateral organisations and given that these microstates are mostly aid-dependent economies, initiated an era of Chequebook diplomacy, which is basically money for diplomatic recognition in the case of Taiwan or acceptance of One China Policy in the case of China. The microstates have time and again switched between China and Taiwan and played one against the other to get more aid money out of their diplomatic rivalry. The Sino–Taiwan aid competition in the Pacific forced US to make a strong comeback and ensure that China under the pretext of denying Taiwan space in the region actually spies on the US activities in the region. As a result, the US and its regional allies have significantly increased their foreign aid to the island nations in order to coax them to diminish their level of financial dependence on China. So far, they have not been successful enough and China’s aid package has gone far beyond the level US is giving. Today, China is the second largest donor to the region and largest financier to Fiji. Fiji has become the ace in this game as it is the regional hub of the Pacific Island states. Bearing the current high level of aid competition between traditional and emerging donors in mind, it is too early to judge whether Chinese aid will cause more harm to Fiji than benefit or vice versa. It also entirely depends on the Fijian government as to how much it relies on Chinese aid and how clean Chinese are with their soft loans. China has been blamed for not being clear and specific about the terms and conditions of its concessional loans. This vagueness and secrecy that is associated with Chinese aid been a cause for concern, especially among traditional donors.
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Min, Jian, Jiaojiao Zhu, and Jian-Bo Yang. "The Risk Monitoring of the Financial Ecological Environment in Chinese Outward Foreign Direct Investment Based on a Complex Network." Sustainability 12, no. 22 (November 13, 2020): 9456. http://dx.doi.org/10.3390/su12229456.
Повний текст джерелаАнотація:
Aiming at the risk problem of financial ecological environment in outward foreign direct investment (OFDI), this paper constructs a risk monitoring model of the financial ecological environment based on complex network theory, and analyzes the general laws of financial risk evolution in Chinese OFDI by using data from 2008 to 2017 in 20 countries. First, the key risk factors are found through centrality analysis, then the correlation between risk indicators is obtained by cohesive subgroup analysis. Finally, we calculate network density, clustering coefficient and global efficiency to explore the time-spatial laws of the financial risk evolution in OFDI are obtained. At the same time, Kruskal’s algorithm is used to generate the minimum spanning tree (MST), and the change trend of risk transmission path is obtained. The results show that the following four risk indicators: M2/GDP, foreign exchange reserve, stock exchange turnover rate, total government debt as a percentage of GDP play an important role in the whole risk network and are the key nodes of risk evolution. The internal financial risks in Pakistan, the United States, Israel and Poland are more complex and highly transmissible. The risk transmission path based on MST shows that Australia and Bulgaria play an important role in risk transmission, and the length of risk transmission path has an overall upward trend. The conclusions of this study have guiding significance for overseas investment companies to prevent investment risks and ensure their sustainable development overseas.
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Hou, Huiying, and Hao Wu. "What influence domestic and overseas developers’ decisions?" Journal of Property Investment & Finance 37, no. 2 (March 4, 2019): 153–71. http://dx.doi.org/10.1108/jpif-12-2018-0092.
Повний текст джерелаАнотація:
PurposeForeign firms entering into the domestic real estate industry and foreign investment control are significant in global hot markets such as Australia. Despite their market impact and policy sensitivity, developer choice is rarely studied. The purpose of this paper is to study domestic and overseas property developers for their motive and preference in response to market growth and market barriers including regulatory constraint.Design/methodology/approachInternational trade theory suggests local and overseas firms can vary significantly for their risk profile when engaging in location-specific development opportunities. Using a comprehensive decision factor system for the residential development process, the authors conducted an experimental survey to collect the prime data to measure stated preference of domestic and overseas developers in the context of the Melbourne residential market.FindingsResults suggest high consistency between the samples of domestic and overseas developers. Possible explanations include vertical integration by innovative contracting, strict regulatory constraint dictates domestic and overseas firms’ preference or sample selection bias. This micro-analysis of developer stated preference highlights their entrepreneurial ability to combine substitution and integration for innovative contractual strategy. This ability to join asset holding and project management enables firm flexibility to mitigate business risk in rapidly globalising capital and factor markets.Practical implicationsThese insights of firm-level decision making contribute to the decision literature of real estate developers and are relevant to the broader literature of industrial economics and international trade. Government may evaluate policy strategies based on the explicit entrepreneur (e.g. developer) preference for their “comparative advantage”.Originality/valueThis paper highlights developer’s ability to jointly consider investment and project management for decision making. It found that other than political cost such as national interest and domestic interest group pressure, domestic and overseas developers in the Melbourne residential market actually think quite alike. It suggests that irrespective of property ownership conditions, market integration occurs in the Melbourne residential sector.
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de Jonge, Alice. "Australia-China-Africa investment partnerships." critical perspectives on international business 12, no. 1 (March 7, 2016): 61–82. http://dx.doi.org/10.1108/cpoib-01-2014-0003.
Повний текст джерелаАнотація:
Purpose – This paper aims to examine the potential for “triangular cooperation” between investment partners from Australia, China and host African nations to contribute to the economic development in Africa. Design/methodology/approach – The paper discusses a number of complementarities between Australian and Chinese investors in mining, agriculture, energy, research and education and finance – sectors vital to Africa’s future development. These complementarities are examined in light of recent development studies on the benefits of triangular cooperation and recent literature examining links between foreign direct investment (FDI) policy and economic development. Findings – The paper concludes that there is much to be gained by making the most of the existing and potential synergies between Australian, Chinese and local investors in African settings. Research limitations/implications – The implications of this paper are, first, that African nations should keep the benefits of triangular cooperation in mind when designing FDI policies and, second, that Australian and Chinese investors should be more willing to explore potential investment partner synergies when investing in Africa. The paper also suggests an agenda for future research into how good design of FDI policies might best promote healthy economic development in African nations. Practical implications – Australian and Chinese companies should be more willing to explore potential avenues for cooperation when investing in Africa, while African governments should be more mindful of how rules and policies can maximise the local benefits of FDI. Social implications – African governments should be more mindful of the quality, rather than the quantity of FDI when drafting relevant laws and policies. Originality/value – The value of the paper is in applying the concept of “triangular cooperation” to direct investment. The paper also provides an original focus on Australia-China investment synergies in African settings.
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Anwar, Syed Tariq. "FDI Regimes, Investment Screening Process, and Institutional Frameworks: China versus Others in Global Business." Journal of World Trade 46, Issue 2 (April 1, 2012): 213–48. http://dx.doi.org/10.54648/trad2012008.
Повний текст джерелаАнотація:
The main purpose of this paper is to investigate and analyse foreign direct investment (FDI) regimes and their screening processes, institutional frameworks, and business environments in world trade. China's FDI regime is specifically compared with that of the United States, Australia, Canada, and the United Kingdom. Other countries (France, Germany, Japan, Hong Kong, and Switzerland) were also included in the discussion to evaluate their regulatory and investment issues. By using interdisciplinary literature, secondary data, and research surveys and reports from multilateral institutions, the study investigates the changing profile of FDI regimes in world trade. The paper reveals that China's FDI regime has embraced significant changes to attract foreign investment. Currently, the Chinese market is open yet restricted in its own regulatory environment and institutional hurdles. Investment regimes in the United States, Australia, Canada, and the United Kingdom continue to change to attract foreign investment that is critical to their economies. We believe that more country- and industry-specific studies are needed to investigate FDI regimes and their institutional frameworks. In today's world trade, China is particularly an interesting case study since the country aggressively attracts foreign investment while keeping its hybrid economy. Policymakers, multinational corporations (MNCs), governments, and researchers need to pay attention to today's changing FDI regimes because of growth opportunities and MNC expansion. The study provides useful discussion and meaningful implications that can be used by policy analysts and practitioners worldwide.
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Melber, Henning, and Roger Southall. "Zimbabwe’s Foreign Policy Under Mnangagwa." Journal of Asian and African Studies 56, no. 2 (January 12, 2021): 234–50. http://dx.doi.org/10.1177/0021909620986579.
Повний текст джерелаАнотація:
Under the presidency of Mnangagwa, Zimbabwe’s foreign policy is characterized by the desire to ‘re-engage’ with the West with a view to securing the removal of sanctions and encouraging investment. In this, it has received the backing of the African Union and Southern African Development Community states. Simultaneously, the violence of the Mnangagwa regime has reinforced the reluctance of the West to remove sanctions, and Zimbabwe has even begun to test the patience of its neighbours. The government has placed renewed faith in the ‘Look East Policy’, but China is seeking to match its investments with tighter control.
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Nuraliev, Shokhrukh. "FDI AND ADMINISTRATIVE DECENTRALIZATION: THE IMPORTANCE OF EMPOWERING LOCAL GOVERNMENTS." Public Administration Issues, no. 6 (2022): 138–60. http://dx.doi.org/10.17323/1999-5431-2022-0-6-138-160.
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This study analyzed the relationships between administrative decentralization, empowering local governments, and attracting foreign direct investments (FDI) based on an online questionnaire completed by government officials in Uzbekistan. The examined data suggests that empowerment of local governments is positively related to attracting foreign direct investments as mediating variable, while administrative decentralization does not directly affect foreign direct investments attraction. The paper presents the first comprehensive analysis of the mediating role of empowering local governments in Uzbekistan, and highlights policy implications that need to be implemented to establish a new legal status for local authorities. Further research is required on the specific way that the survey will be conducted only among government officials who are in charge of departments in investment policy. Based on the analysis, the study developed recommendations for changing the administrative environment that can create conditions that are more favorable for foreign investors. This study might help public administration, policy scholars, and, to be more specific, the policymakers, government officials to put better regulation into their agendas.
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Gomes Vieira, Fernanda Diógenes, Raphael de Almeida Leitão, Dr Afonso Farias de Sousa Júnior, and Dr Murillo de Oliveira Dias. "Space Debris Mitigation and the Brazilian Foreign Space Policy." Noble International Journal of Scientific Research, no. 52 (October 27, 2021): 16–21. http://dx.doi.org/10.51550/nijsr.52.16.21.
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This article addressed the importance of adopting space debris mitigation strategies based on Brazilian government policy. Key findings pointed out that space debris is an issue with social, environmental, and economic impacts on global scale. Additionally, the Brazilian Government guarantees national security and establishes its aerospace sovereignty. Findings pointed out the relevance of space debris mitigation as a crucial government policy to address the creation of general Brazilian space law, as well as the opportunity for investments in the space sector as a whole in order to provide the training of civilians and military in the development of equipment to remedy the problem. Discussion on case implications and future research recommendations compile the present work.
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Friel, Sharon, Phillip Baker, Anne-Marie Thow, Deborah Gleeson, Belinda Townsend, and Ashley Schram. "An exposé of the realpolitik of trade negotiations: implications for population nutrition." Public Health Nutrition 22, no. 16 (August 23, 2019): 3083–91. http://dx.doi.org/10.1017/s1368980019001642.
Повний текст джерелаАнотація:
AbstractObjective:To explore the formal and informal ways in which different actors involved in shaping trade agreements pursue their interests and understand the interactions with nutrition, in order to improve coherence between trade and nutrition policy goals.Design:The paper draws on empirical evidence from Australian key informant interviews that explore the underlying political dimensions of trade agreements that act as barriers or facilitators to getting nutrition objectives on trade agendas.Setting:Countries experiencing greater availability and access to diets full of energy-dense and nutrient-poor foods through increased imports, greater foreign direct investment and increasing constraints on national health policy space as a result of trade agreements.Participants:Interviews took place with Australian government officials, industry, public-interest non-government organizations and academics.Results:The analysis reveals the formal and informal mechanisms and structures that different policy actors use both inside and outside trade negotiations to pursue their interests. The analysis also identifies the discourses used by the different actors, as they attempt to influence trade agreements in ways that support or undermine nutrition-related goals.Conclusions:Moving forward requires policy makers, researchers and health advocates to use various strategies including: reframing the role of trade agreements to include health outcomes; reforming the process to allow greater access and voice to health arguments and stakeholders; establishing cross-government partners through accountable committees; and building circles of consensus and coalitions of sympathetic public-interest actors.
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Awolusi, Olawumi Dele. "Policy and Non-Policy Factors: What Determines Foreign Direct Investments in Africa?" Journal of Social and Development Sciences 9, no. 4 (January 27, 2019): 49–61. http://dx.doi.org/10.22610/jsds.v9i4(s).2691.
Повний текст джерелаАнотація:
Studies have been conducted on the determinants of foreign direct investment (FDI) destinations. However, there seem to be few studies on determinants in African countries. This paper evaluates the determinants of FDI inflows, by examining specific relationships between the determinants (policy and non-policy factors) and FDI inflows to Africa, using a panel dataset from 1980 to 2016. Ordinary Least Squares (OLS) and Generalized Method of Moments (GMM) were used as the estimation techniques. The dependent variable, FDI inflows, was represented by the ratio of FDI flows to GDP, while the independent variables were agglomeration effects, trade openness, fiscal balance-macroeconomic condition, market size, economic instability, exchange rate, foreign aid, human capital development, corporate tax, and natural resource endowment. First-year lag of FDI (agglomeration effects), trade openness, market size, economic instability, foreign aid, human capital development, and natural resources (oil and metals) endowment have positive and significant effects on FDI inflows to Africa, while there is a negative relationship between FDI inflows to the continent and fiscal balance (public debt), exchange rate, and corporate tax. Consequently, government policies and non-policy factors played significant roles in facilitating FDI inflow into Africa during the study period. The p-value of the estimation (0.0001) further attests to the statistical significance of the results. Consequently, African countries must improve their regulatory framework to be able to attract more inflow of FDI. Efforts should also be made to reform and improve macroeconomic policies, institutional quality, and natural comparative advantages.
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Ussenova, Tumaris. "Kazakhstan’s multi-vector foreign policy and its implications for the energy sector." Journal of Global Social Sciences 3, no. 10 (June 1, 2022): 1–22. http://dx.doi.org/10.31039/jgss.v3i10.18.
Повний текст джерелаАнотація:
This work reveals Kazakhstan's foreign policy strategies, successes, and failures, which are essential to the country's energy industry. Literature review shows that the multi-vector policy allows the government to receive investments from various countries to develop its industry and energy sector. However, a foreign policy problem can lead to fierce competition between the Great Powers and have consequences for the country's energy diversification.
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Nadaf, Busera. "An Analytical Study on Relationship Between Goods and Service Tax and Foreign Direct Investment in India." GBS Impact: Journal of Multi Disciplinary Research 8, no. 1 (2022): 44–50. http://dx.doi.org/10.58419/gbs.v8i1.812205.
Повний текст джерелаАнотація:
Since the implantation of the LPG policy during 1991 in India many companies have seen India as the hub of investment. To accelerate these foreign investments into the economy the government of India has taken another major step to attract the foreign investments on 1st July 2017 called the Goods and Service Tax implementation. GST has increased the ease of doing business and eliminates the cascading effect of tax on goods and services. These are a few of the major reasons for attracting FDI in India. The paper throws light on importance of GST and its relationship with FDI in India.
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Farneubun, Petrus K. "China’s Rise and its Implications for Australian Foreign Policy." Papua Journal of Diplomacy and International Relations 2, no. 2 (August 7, 2022): 142–62. http://dx.doi.org/10.31957/pjdir.v2i2.2234.
Повний текст джерелаАнотація:
This article places a particular emphasis on the rise of China and its implications for Australian foreign policy. It qualitatively examines the perceptions of China’s rise, its intentions, and the Australian responses, based on government and international organisation reports, and secondary sources such as books, journals, and media articles. Using realism as a theoretical lens, this article argues that Australia’s foreign policy still reflects an ambiguity, as a result of, on the one hand, the economic opportunities China creates, and on the other hand, uncertainty regarding China’s intentions, whether offensive or defensive, peaceful or aggressive. Facing this condition, this article demonstrates that Australia adopts several important policy strategies. First, it maintains a hedging strategy to balance its economic interests and its security concern. Second, Australia continues to rely on the protection of the US. In the long-term, however, this reliance may be changed. For this reason, Australia needs to increase its own military capability. This article concludes that Australian foreign policy will likely remain ambivalent in its response to the rise of China.KEYWORDSAustralia; China’s Rise; Foreign Policy; Military Capability; Power Shift
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Bloomfield, Alan. "Australia, and ASEAN at Fifty." Jindal Journal of International Affairs 2, no. 2 (December 1, 2018): 38–57. http://dx.doi.org/10.54945/jjia.v2i2.85.
Повний текст джерелаАнотація:
In its early documents related to Asianist orientation, Australia looked at engaging its immediate neighbourhood through institution such as ASEAN. ASEAN which was created to bring about synergies within the region and also engage important stakeholders as dialogue partners. Australia has been involved in Vietnam as part of its alliance obligations with US in 1970s and subsequently also. Australia has looked into ASEAN as a vehicle for cooperation, development and building better relations with Indonesia. The author argues that while Australia has aligned itself with the concept of the ASEAN way, there has not been any tectonic shift in the way Australia conducts its foreign policy. Even though Australia was one of the earliest dialogue partner in ASEAN, it has calibrated its policy depending on the national government priorities and the international interests of the country. The article also outlines the narrative from Australian perspective and situates ASEAN in the larger foreign policy discourse in Australia.
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Vasiukov, Evgenii Aleksandrovich. "Comparative analysis of the factors of attractiveness for foreign direct investments in the developing and developed countries." Финансы и управление, no. 1 (January 2020): 38–52. http://dx.doi.org/10.25136/2409-7802.2020.1.31832.
Повний текст джерелаАнотація:
With the cooling of global economic and exhaustion of internal sources of finance, the countries need to attract foreign investment in form of foreign direct investments (FDI) to stimulate economic growth. The subject of this research is the factors defining the inflow of foreign direct investments into national economies, as well as comparison of the factors impacting attracting of foreign capital into developing and developed countries. For comparison of the inflow of FDI, the work utilizes the following factors: openness of trade, wages, size of the market, development of infrastructure, and tax policy. In the next few years, developing countries will continue to maintain an edge in size of wages, but due to drastic difference in the quality of labor resources, developed countries will be more preferable from the investment perspective. In absence of the necessary infrastructure and without additional support or stimulus of the receiving state, decisions on investments will lean towards the more accessible markets of developed countries. As a result of limited business environment, high level of expenses for starting a company, and inefficiency of the market, the state needs to provide clear communication regarding the vector of government policy in the area of investments and refrain from inconsistency in passing measures. If companies would not be certain in the future of the political course, their profit expectations would rise significantly, while investment activity would drop.
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Bellinger III, John B., and Nicholas L. Townsend. "Inside ‘the CFIUS’: US National Security Review of Foreign Investments." Global Trade and Customs Journal 6, Issue 1 (January 1, 2011): 1–8. http://dx.doi.org/10.54648/gtcj2011001.
Повний текст джерелаАнотація:
Foreign companies looking for good deals buying US businesses that were hit hard by the economic downturn need to be aware that transactions that implicate the US national security are subject to significant scrutiny by the Committee on Foreign Investment in the United States (CFIUS). Several recent foreign investments have failed because of national security concerns raised by this little-known US government committee. National security review by the CFIUS can be a frustrating process for international investors who are not well-prepared. Potential foreign investors should understand how the US national security review process works and how the Obama Administration’s trade policy and the highly politicized national security debate in the US could impact their transactions. This article provides international investors an informal guide to the CFIUS process to help them understand what is involved and benefit from lessons learned from past transactions.
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Adel Abdulaziz Aldaarmi, Abdulaziz. "An empirical investigation on the effects of the fiscal and monetary policies on the domestic and foreign direct investment in Saudi Arabia for the period 2010–2018." Global Journal of Economics and Business 9, no. 3 (December 2020): 696–705. http://dx.doi.org/10.31559/gjeb2020.9.3.16.
Повний текст джерелаАнотація:
oreign direct investment is currently one of the main pillars in achieving development and economic growth, due to its important position in the economies of the countries of the world. The aim of this research is to study the impact of Fiscal and monetary policy in Saudi Arabia on attracting foreign investment for the period 2010–2018. The researcher used the multiple linear regression to test the research hypothesis. Linear regression is used to investigate the impact values by each predictor variable. The study covered the period 2010–2018, the present study chose independent variables monetary policy tools in Saudi Arabia that include (Money supply (M2), Monetary cash reserve and Exchange rate), also the present study chose fiscal tools that include (taxation and government capital spending). The Dependent Variables includes (Direct Domestic Investment and Foreign Direct Investment). E-views (version 10) software package was utilized for this purpose. Multiple linear regression was performed to test models. The results show that Money supply, Monetary cash reserve, capital government spending and taxation positively affects the domestic investments, while Exchange rate negatively affects the domestic investments. It was also found that all independent variables positively affect the foreign direct investment.
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Vietrynskyi, I. "Australian Foreign Policy during the World War II." Problems of World History, no. 18 (November 8, 2022): 65–88. http://dx.doi.org/10.46869/2707-6776-2022-18-3.
Повний текст джерелаАнотація:
The article is related to the establishment of Australian foreign policy tradition and becoming of Australia as a subject of international relations. The significant role of the dominions during First World War Great and their help for Great Britain victory, intensified their struggle for independence. As the result of long-term efforts, dominions reached the proclamation of the Balfour Declaration in 1926 by London, which was later confirmed by the Statute of Westminster (1931), which established the authority for dominions for an independent foreign policy. The development of Australian foreign policy before and during World War II was analyzed. The evolution of the relations of the Australia and Great Britain in the context of the events of the World War II is traced, in particular the peculiarities of the allied relations of the two countries. There is shown the regional dimension of the World War II within the Asia-Pacific region, in the context of Australia and the United States actions against Japanese aggression. There are analyzed the peculiarities of external threats effect on the transformation of the Australian foreign policy strategy, in particular in the national security sphere. The main threat for Australia in that period become Japanise aggressive and expansionist policy in the Asia-Pacific region. A lot of Australian soldiers and military equipment were sent to Great Britain to support traditional allie. But in actual strategic situation in Europe there were great doubts that British troops and the navy would be able to effectively help Australians in case of an attack by Japan. Politics of national security and defense of Australia in the context of its participation in World War II is considered. In the conditions of real threat of Japanese invasion, as well as the lack of sure to receive necessary support from Great Britain, the Australian government start to find a military alliance with the USA. There were identified the key implications of World War II for Australian socio-economic system.
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Gerasenko, Vladimir, and Hanna Zykava. "Features of investment policy realization in the Republic of Belarus." University Economic Bulletin, no. 47 (December 17, 2020): 112–21. http://dx.doi.org/10.31470/2306-546x-2020-47-112-121.
Повний текст джерелаАнотація:
Relevance of the topic: being a part of any economy with market relations, the state's investment policy is aimed at creating and maintaining a favorable environment conducive to increasing investment activity, attracting domestic and foreign investments, which occupy a special place in providing access to financial resources, modern technologies, innovative goods, and also improve the living standards of the population. Therefore, the problem of developing and implementing investment policy in all regions of the country is urgent. Statement of the problem: at the present stage of development of the Belarusian economy, the state pays special attention to the issues of attracting domestic and foreign investment as an additional source of capital and technologies for the development of national industries and services. However, there are a number of problems that hinder the inflow of investments, the solution of which can significantly improve the investment climate in the country. Purpose of the research: to study the level, dynamics and structure of investments in the economy of the Republic of Belarus; to determine the features of implementation, problems and ways to improve the investment policy of the Republic of Belarus. Research methodology: general scientific and formalized - analysis and synthesis, induction and deduction, statistical, graphic, correlation and regression. Research results: the analysis of the inflow of domestic and foreign investments into the economy of the Republic of Belarus was carried out, as a result of which the main problems of investment policy were identified. The calculation of the interval forecast of the GDP growth rate depending on the investment growth rate was carried out using the constructed regression equation. Field of application of the results: the results of the study can be used in the development of investment policy by government bodies, as well as in the educational process of economic faculties of universities.
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Rosales, Antulio. "Pursuing foreign investment for nationalist goals: Venezuela's hybrid resource nationalism." Business and Politics 20, no. 3 (May 2, 2018): 438–64. http://dx.doi.org/10.1017/bap.2018.6.
Повний текст джерелаАнотація:
AbstractScholarship in international political economy (IPE) has noted the rise of resource nationalism in since the early 2000s. Despite the increased presence of state regulation in the resource sector, resource nationalism has not been incompatible with foreign investment. This article contributes to better understand resource nationalist policies that emerged in recent years and offers new theoretical insights to explain state-IOC relations by integrating obsolescing bargaining theories and constructivist approaches. Drawing on the case of Venezuela, this article explains how the Chávez regime pursued a hybrid model of control and welcoming of investments in the oil sector. The article argues that both bargaining insights and ideational considerations are important in explaining this model. In the context of high oil prices and sunk investments, it is unsurprising that a leftist government would seek to renegotiate contracts to seek better deals from extractive companies. Yet, focusing exclusively on those incentives misses important ideational drivers for the government to keep investors in the country. For Chávez's government, effecting changes in the oil policy was possible after waging an intense battle with its NOC, PDVSA, over control. Association with foreign investment became crucial to build its socialist model and to control its own company.
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Reyes, Anselmo. "Foreign Direct Investment in the Philippines and the Pitfalls of Economic Nationalism." Journal of World Investment & Trade 18, no. 5-6 (December 7, 2017): 1025–61. http://dx.doi.org/10.1163/22119000-12340081.
Повний текст джерелаАнотація:
Abstract Recent trends in Philippine growth and foreign direct investment (FDI) reveal only modest achievements, when compared with other ASEAN countries, and little impact on income inequality. These outcomes are attributed to the policy of economic nationalism in the Philippines’ constitutional and legislative framework for FDI, whereby government reserves ‘strategic’ fields to Filipinos, while foreigners face hurdles in making investments. The account doubts whether foreign nationals can safeguard investments by recourse to Philippine BITs as those reinforce economic nationalism by requiring FDI to comply with Philippine law. Poulsen’s observation that developing countries entered into bilateral investment treaties (BITs) oblivious of the risks does not seem applicable to the Philippines, which has deftly used BITs to advance economic nationalism. Litigation before domestic courts is not an alternative for protecting investor rights, but international commercial arbitration may become so in due course. The account concludes with proposals for future policy.
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Shelemetieva, Tetiana, and Serhii Bulatov. "Activities of Tourist Information Centers: World Experience and Domestic Practice." Herald of the Economic Sciences of Ukraine, no. 2(37) (December 23, 2019): 205–11. http://dx.doi.org/10.37405/1729-7206.2019.2(37).205-211.
Повний текст джерелаАнотація:
The article substantiates the need to create tourist information centers in Ukraine as one of the important tools of information support for the development of modern tourism and the promotion of a national tourism product. The success of the tourism industry in Ukraine in the context of the formation of a global information space is largely determined by the effectiveness of information support for the tourism sector. It is noted that an important task of the policy of local authorities in tourism management is to improve the information support of this process, since without advertising and information that attracts consumers of certain services, the development of tourist and recreational activities is impossible. The activity of the TIC is extremely important for destinations with a significant share of independent tourists, because, in this case, they are the main centers for the provision of information services. The essence of the concept of “tourist information center” is revealed and its main tasks are defined. It was noted that the tourist information center is an important tool of the tourist infrastructure, with the help of which tourists and other tourism entities have the opportunity to receive complete tourist information and advisory services on tourism activities in the area and beyond. The TIC can provide information support to the system of state regulation and tourism management in the region, since it is necessary to constantly update the regulatory and informational and analytical framework that provides effective management of the development of tourism and resorts. The following goals of creating tourist information centers in Ukraine are proposed: promoting the development of domestic tourism; providing information to local and foreign tourists and tourist organizations; promoting cooperation between tourism organizations of the city; conducting trainings and seminars for specialists in the field of tourism; development of tourist opportunities of the city; attracting more tourists to the area; improving the competitive advantages of the area by improving the tourism infrastructure; replenishment of the local budget due to taxation of tourism business entities; rational use of tourist and recreational resources of the area; attracting investment in the tourism business; creating a positive international image and popularizing tourist areas. The world experience of organizational and economic aspects of the activity of tourist information centers is investigated. In the developed tourist countries of the world, an extensive modern network of tourist infrastructure institutions, which includes information centers, is successfully operating. Such establishments allow tourists to receive the necessary tourist information and advisory services on tourist destinations. In the USA, each state has its own tourist information centers. The “Hospitality Center” is a recreation area, including a center for visitors, they are funded by local taxes included in each bed. In South America, the most active tourist information centers operate in Peru. Free centers provide tourist information and assistance for domestic and foreign tourists. Information includes monuments and recommended itineraries. In Australia, most visitor centers are run by local or state authorities, and in some cases by the Tourism Operators Association on behalf of the government. These information centers provide services such as housing selection and booking tours (automobile, air, bus, rail). They are the first link in acquaintance of a visitor with a city or region. The practice of the work of tourist information centers in Ukraine is considered and a list of them is compiled. It is noted that today tourist information centers have been created in most regions of Ukraine and in small cities of the Western region of Ukraine. Keywords tourist information center, world experience, domestic practice, creation goals, objectives, activity results.
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Govindasamy, Geetha, and Muhammad Danial Azman. "Regime Change and Malaysia – Japan Relations: Explaining Shifts and Continuity In Foreign Policy." International Journal of East Asian Studies 9, no. 1 (December 15, 2020): 75–88. http://dx.doi.org/10.22452/ijeas.vol9no1.6.
Повний текст джерелаАнотація:
The article offers an initial exploration into the causal linkage between domestic political regime change and foreign policy recalibration in Malaysia. While not popular, the notion that foreign policy objectives are more often than not shaped by internal dynamics is rather true in the Malaysian case. The discussion examines Malaysia’s relations with Japan during the Pakatan Harapan government which began in May 2018 but collapsed by February 2020. After being sworn in as the Prime Minister of Malaysia for the second time, Dr. Mahathir Mohamad pledged to re-energize the Look East Policy to facilitate economic growth and investments into the country. Though the move was far from surprising, the consequence of the development needs to be understood within the broader context of Malaysia’s domestic ties with China. Malaysia’s move to expand cooperation with Japan can be explained by a desire to reduce overreliance on Chinese investments. The basic premise is that Malaysia was not tilting towards Japan, rather the move to court Japan through the LEP 2.0 was a function of regime legitimation through which Pakatan Harapan diversified its foreign policy partners for the goal of expanding investment and collaboration opportunities.
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Clark, Andrew. "Your Asia-Pacific Network: The use of Radio Australia by the Australian Government." Pacific Journalism Review : Te Koakoa 9, no. 1 (September 1, 2003): 80–101. http://dx.doi.org/10.24135/pjr.v9i1.758.
Повний текст джерелаАнотація:
This article examines the use of Radio Australia by the Australian Government. It examines the extent that the Australian Government's foreign policy goals are reflected in the charter and programming of Radio Australia. The paper begins with a brief historical look at Radio Australia followed by description and analysis of the role of an intermediary between the government and the station, which, in this case, is the Australian Broadcasting Corporation (ABC), the parent company of Radio Australia; the programme philosophy of, and programming offered by Radio Australia, and criticisms of Radio Australia from within the Pacific.
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YUAN, Jingdong. "Australia–China Relations at 50." East Asian Policy 14, no. 02 (April 2022): 93–108. http://dx.doi.org/10.1142/s1793930522000149.
Повний текст джерелаАнотація:
Australia–China relations are at a turning point 50 years after diplomatic recognition. While the past five decades have witnessed extensive growth in economic exchanges, in recent years, bilateral ties have experienced serious deterioration. Australia’s alliance with the United States, domestic politics—in particular the two major parties’ approaches to foreign policy—and economic interdependence are important variables in Canberra’s approach to China. There will be no exception for the incoming Australian Labor Party government to deal with these.
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Tajerin, Tajerin. "DETERMINASI FAKTOR PENENTU INVESTASI SWASTA DI SUB SEKTOR PERIKANAN PERIODE 1967-2000." Jurnal Organisasi dan Manajemen 2, no. 2 (September 6, 2006): 78–89. http://dx.doi.org/10.33830/jom.v2i2.801.2006.
Повний текст джерелаАнотація:
The Indonesian government has relied more on private fisheries investment than on government investments to achieve the targeted growth of fisheries sub sector. In line with this policy, the objective of this study is to analyze factors or government policies that having important impacts on private fisheries investment in the sub sector. Two investment annual models were specified, investments for domestic and foreign investor. Dummy variables were specified to represent government policies related to the sub sector and Ordinary Least Square (OLS) were used to estimate the models. The results of the study showed that the government policies, such as PAKEM (devaluation, and increasing efficiency and competitiveness) and PAKMEI (tariff reduction, and investment and export procedure simplifications), have effective effect to investment in the sub sector. Moreover, investment have been affected by interest rate and shrimp price. However, their effects are considered small, indicated by less than one elasticity coefficient. This implies that government policies will still an important factor in determining growth in the sub sector.
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Kabir, L. S. "STATE SUPPORT FOR «GREEN» INVESTMENTS AND MARKET «GREEN» FINANCING: FOREIGN EXPERIENCE." Innovatics and Expert Examination, no. 1(26) (March 15, 2019): 97–108. http://dx.doi.org/10.35264/1996-2274-2019-1-97-108.
Повний текст джерелаАнотація:
The present study reveals the trends and features of the current state of financing the foreign countries’ transition to a new «green» economic growth model. To summarize the contemporary experience of countries’ integration into public administration practice the approaches and standards in the field of «green» investments financing.The subject of the study is the set of measures implemented by countries to develop sources of finance for «green» economy projects.Tasks: 1) to consider the principal directions of the «green» investments state policy support, its purpose, and the tools used; 2) to identify the market’s role in the «green» economy financing; 3) to clarify the main issues constraining private investments in «green» projects. The countries’ approach to «green» economic growth financing is examined in the present paper by means of common methods of scientific knowledge.There reviewed the arguments justifying the government support for «green» investments. There revealed the problems constraining the market «green» financing development and speculations about their origins. The study concludes that the countries’ economic policies are aimed at improving the existing model’s efficiency, not at the transition to the new «green» economy model. Thus, through the state support tools, there being generated strong signals signifying the creation of favorable market conditions for the functioning of a new economy sector – the sector of «green» technologies.
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Smajlović, Ermina, Alma Kamarić, and Boro Ninić. "Marketing Location as a Key Determinant for Inflow of Direct Investments into Bosnia and Herzegovina." International Journal of Management and Sustainability 3, no. 10 (December 30, 2014): 596–614. http://dx.doi.org/10.18488/journal.11/2014.3.10/11.10.596.614.
Повний текст джерелаАнотація:
The analysis of realized investments of individual regions and sub-regions opens up a question of relevant factors upon which foreign investors make decisions about investments into a certain location. Therefore, the objective of this paper is the theoretical elaboration of starting factors and determinants of foreign capital attractions, as well as, the observation of effects of marketing location on investment realisation. Identification of key motives, as well as the determination of the level of their significance in realisation of foreign investments into Bosnia and Herzegovina (hereinafter B&H), is necessary in order to define the effect of incentive measures for investment realisation. The results, presented in this paper, are gathered through primary research of companies formed by realisation of foreign investments into B&H (written structured survey). The data has been gathered on basis of a simple random sample made up of 30 surveyed, that is, 30 companies from B&H territory that occurred as a result of the realisation of foreign direct investments (hereinafter FDI) in our country. The research results show that B&H, regardless of its unstable political situation, poor investment climate, complex government structure, has an exceptional potential for the increase of FDI inflow, and that it is still attractive to foreign investors due to its technical-technological know-how, its natural resources, as well as is qualified and educated labour force.
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Völgyi, Katalin, and Eszter Lukács. "Chinese and Indian FDI in Hungary and the role of Eastern Opening policy." Asia Europe Journal 19, no. 2 (January 18, 2021): 167–87. http://dx.doi.org/10.1007/s10308-020-00592-1.
Повний текст джерелаАнотація:
AbstractThe aim of this paper is to assess the main features of Chinese and Indian investments in Hungary and the role of the Hungarian Government’s Eastern Opening policy in the attraction of investments from these two Asian giants. This paper covers the sectoral distribution, modes of market entry, and motivations of Chinese and Indian foreign direct investments. The automotive sector is the most attractive sector for investors from both countries. ICT manufacturing (electronics) and services, and the renewable energy sector are also very attractive for Chinese companies. The same is true for IT/BPO services and the chemical sector in the case of Indian companies. Chinese and Indian companies enter the Hungarian economy mainly through green-field investments or acquisitions. Market-seeking and strategic asset-seeking motives are dominant in the case of investors from both countries. This paper also puts a special emphasis on studying the impacts of Hungary’s Eastern Opening policy (launched in 2012) on Chinese and Indian investments. The findings show that the Eastern Opening policy has had a significant impact on the investment decision (location choice) of new Chinese and Indian investors and further expansion of investments by Chinese and Indian companies located in Hungary due to four factors, namely high-ranking political meetings, strategic cooperation agreements, cash grants from the Hungarian Government and supportive services of HIPA.
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Andronova, Inna V., Lubinda Haabazoka, and Aaron Mwewa Kasonde. "The government policy of Zambia on attracting foreign direct investment and its effectiveness." RUDN Journal of Economics 30, no. 1 (March 30, 2022): 33–44. http://dx.doi.org/10.22363/2313-2329-2022-30-1-33-44.
Повний текст джерелаАнотація:
Investment policy has always played one of the most important roles in the development of the national economy. Foreign direct investment is interconnected with the activities of multinational companies and the opportunities that can be obtained by the host country. The article reveals the investment policy of Zambia and the role played by the public sector in it. The identified competitive advantages prove that Zambia has significant investment potential even though the country does not have direct access to the sea. Significant reserves of mineral raw materials confirm the energy and resource security of the economy, which is the area for investment by both national and foreign companies. The authors pay attention to several important problems of socio-economic significance, which complicate the effective and full functioning of the economy. The authors found that there are not enough studies in the domestic and foreign literature on the investment potential of Zambia. The study of inward investment activity showed that free economic zones are the most effective tool for attracting FDI, while the extractive sector remains the most attractive in this area. A comparative analysis of the disadvantages and advantages of the Zambian economy, conducted by the authors, proves that the state has the necessary elements of investment attractiveness. However, it was noted that the arrival of investments in the country should also meet the socio-economic interests of the state.
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Andronova, Inna V., Lubinda Haabazoka, and Aaron Mwewa Kasonde. "The government policy of Zambia on attracting foreign direct investment and its effectiveness." RUDN Journal of Economics 30, no. 1 (March 30, 2022): 33–44. http://dx.doi.org/10.22363/2313-2329-2022-30-1-33-44.
Повний текст джерелаАнотація:
Investment policy has always played one of the most important roles in the development of the national economy. Foreign direct investment is interconnected with the activities of multinational companies and the opportunities that can be obtained by the host country. The article reveals the investment policy of Zambia and the role played by the public sector in it. The identified competitive advantages prove that Zambia has significant investment potential even though the country does not have direct access to the sea. Significant reserves of mineral raw materials confirm the energy and resource security of the economy, which is the area for investment by both national and foreign companies. The authors pay attention to several important problems of socio-economic significance, which complicate the effective and full functioning of the economy. The authors found that there are not enough studies in the domestic and foreign literature on the investment potential of Zambia. The study of inward investment activity showed that free economic zones are the most effective tool for attracting FDI, while the extractive sector remains the most attractive in this area. A comparative analysis of the disadvantages and advantages of the Zambian economy, conducted by the authors, proves that the state has the necessary elements of investment attractiveness. However, it was noted that the arrival of investments in the country should also meet the socio-economic interests of the state.
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Zulkarnain and Aos Yuli Firdaus. "Australia Foreign Policy Effect On Indonesia Post Independence of Timor Leste." Britain International of Humanities and Social Sciences (BIoHS) Journal 4, no. 2 (June 16, 2022): 282–91. http://dx.doi.org/10.33258/biohs.v4i2.667.
Повний текст джерелаАнотація:
As initially, Australia supported the integration of Timor Leste into the Republic of Indonesia, many events occurred which caused the relationship between Indonesia and Australia to be slightly disturbed. The changes that have taken place in Australia's relationship with Indonesia illustrate the real effects of Timor-Leste's independence. As a result of Australia's role in the East Timorese independence process, its relationship underwent many changes, especially in the political and military fields. The changes taking place in military relations are evident. First, the Agreement on Mutual Security (AMS) was released. Second, the joint training was cancelled, and the troops that used to work together became enemies. Eventually, Australian arms sales to Indonesia were stopped. Changes in the political and diplomatic sphere, including all political visits, were cancelled, and politicians within Australia and Indonesia publicly denounced others. Furthermore, cooperation within the global framework is limited, and the Ambassador's 'high alert' status is. Overall, Australia's relations with Indonesia became hostile. This study aims to determine how the influence of Australian foreign policy on Indonesia after the independence of Timor Leste. This research shows that the independence of Timor Leste and Australia's role in this process directly influenced government relations between Australia and Indonesia. Most Indonesians view the Australian government's actions and policies as separate from its relationship with Australian citizens. However, the relationship between people must still be considered when making policies about Indonesia because of widespread reactions to Australia's role in the East Timorese independence process.
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Firdaus, Aos Yuli. "The Effects of Australia's Foreign Policy on Indonesia Post-Independence Timor Leste." British Journal of Philosophy, Sociology and History 2, no. 1 (January 13, 2022): 24–29. http://dx.doi.org/10.32996/bjpsh.2022.2.1.4.
Повний текст джерелаАнотація:
As initially, Australia supported the integration of Timor Leste into the Republic of Indonesia, many events occurred which caused the relationship between Indonesia and Australia to be slightly disturbed. The changes that have taken place in Australia's relationship with Indonesia illustrate the real effects of Timor-Leste's independence. As a result of Australia's role in the East Timorese independence process, its relationship underwent many changes, especially in the political and military fields. The changes taking place in military relations are evident. The Agreement on Mutual Security (AMS) was released, the joint training was canceled, and the troops that used to work together became enemies. Eventually, Australian arms sales to Indonesia were stopped. Changes in the political and diplomatic sphere, including all political visits, were canceled, and politicians within Australia and Indonesia publicly denounced others. Furthermore, cooperation within the global framework is limited, and the Ambassador's 'high alert' status is. Overall, Australia's relations with Indonesia became hostile. This study aims to determine how the influence of Australian foreign policy on Indonesia after the independence of Timor Leste. This research shows that the independence of Timor Leste and Australia's role in this process directly influenced government relations between Australia and Indonesia. Most Indonesians view the Australian government's actions and policies as separate from its relationship with Australian citizens.
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Jang, Jae Young, and Erdal Atukeren. "Sustainable Local Currency Debt: An Analysis of Foreigners’ Korea Treasury Bonds Investments Using a LA-VARX Model." Sustainability 11, no. 13 (June 30, 2019): 3603. http://dx.doi.org/10.3390/su11133603.
Повний текст джерелаАнотація:
Foreign investors’ interest in Korean local currency bonds, and especially in Korea Treasury Bonds (KTBs) has increased significantly since the mid-2000s. This paper examines the determinants of foreign investors’ KTB investments by means of a lag-augmented vector autoregressive model with exogenous variables (LA-VARX). The model specification includes variables capturing the domestic, international, and risk factors. The risk factors are especially important in the context of South Korea since geopolitical tensions and economic policy uncertainty might adversely affect all investment decisions by foreigners. We find that expected return rates, country default risks, and global economic conditions have a significant impact on foreign investors’ KTB investment, but geopolitical risks have only a short-term negative impact. Our findings not for only provide a better understanding of the determinants of financial investments in South Korean financial markets, but they have broader implications in terms of the economic and social aspects of sustainability in South Korea. This is because KTBs provide a source of funding for the South Korean government for social projects and that KTBs are also held largely by long-term investors such as pension funds and insurers which require sTable Snd sustainable investments.
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LAMBERT, KERI. "‘IT'S ALL WORK AND HAPPINESS ON THE FARMS’: AGRICULTURAL DEVELOPMENT BETWEEN THE BLOCS IN NKRUMAH'S GHANA." Journal of African History 60, no. 01 (March 2019): 25–44. http://dx.doi.org/10.1017/s0021853719000331.
Повний текст джерелаАнотація:
AbstractThis study assesses the agricultural sector under the government of Kwame Nkrumah as a dynamic Cold War front. After Ghana's independence in 1957, Nkrumah asserted that the new nation would guard its sovereignty from foreign influence, while recognizing that it needed foreign cooperation and investment. His government embarked upon a development program with an emphasis on diversifying Ghana's agriculture to decrease her dependence on cocoa. Meanwhile, both the United States and the Soviet Union sought to establish footholds in Ghana through agricultural aid, trade, and investments. In the first years of independence, the Ghanaian state encouraged smallholder farming and American investment. Later, in a sudden change of policy, the government established large-scale state farms along the socialist model. This article brings to light the ways that Ghanaians in rural areas engaged with and interpreted the increasingly interventionist agriculture projects and policies of Nkrumah's government.
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Wagner, Monica-Nataliia Laurensovna, Sergey A. Makushkin, Vitaly V. Goncharov, Dariana Dmitrievna Maksimova, Vladimir Dmitriyevich Sekerin, and Anna Evgenevna Gorokhova. "Regulating the tourism industry to attract foreign investments at risk of force majeure events." Laplage em Revista 6, Extra-C (December 30, 2020): 299–306. http://dx.doi.org/10.24115/s2446-622020206extra-c655p.299-306.
Повний текст джерелаАнотація:
This article studies the legislative regulation of tourist activities in order to improve the investment climate. The authors consider the current state of the tourist services market and the reasons why the flow of tourists has significantly decreased and analyze the refund policy in case it is impossible to provide a tourist service due to the closure of the border during the pandemic. Based on the analysis of the international experience and the tourism industry in the Russian Federation, the authors developed recommendations to improve existing legislation and government policy towards the tourism industry, which should guarantee the influx of investments. In addition, they addressed the issue of attracting foreign investments to the tourism industry within the scope of public-private partnerships, as well as the issue of the creation of special economic zones of the tourist and recreational type. The authors concluded that it is necessary to form a clear political program for the development of tourism in the Russian Federation and to apply comprehensive measures to create conditions in which Russian tourism develops more effectively.
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Liuhto, Kari. "A Lesson from two Failed Foreign Investments: the Foreign (Ad)Venture of two Finnish State-Owned Enterprises." Outlines of global transformations: politics, economics, law 11, no. 1 (April 4, 2018): 185–200. http://dx.doi.org/10.23932/2542-0240-2018-11-1-185-200.
Повний текст джерелаАнотація:
As an organisational failure may teach more than an organisational success, this article describes the failed foreign investments of two Finnish stateowned enterprises (SOEs), namely Sonera and Stora Enso. In 2000, Sonera acquired a mobile phone licence in Germany and Italy for USD 4,000 million. Two years later, it turned out that the licence was worthless. In turn, Stora Enso acquired an American paper firm for USD 5,000 million in 2000, but seven years later Stora Enso sold this US unit at a loss of USD 2,000–3,000 million. These two cases reveal that the major reason for these failures was the inability of SOE management to predict business development. Other major reasons for failure were the conflicting motives of the management and the company (the main shareholder), and inadequate state control. Passive control of the state may encourage SOE management to exercise adventurous investment policies and take major risks. In Sonera’s case, unrealistic risk taking led to serious financial difficulties, and finally, to a forced sale of the entire group to Telia, the Swedish telecom company. Stora Enso’s stronger financial position saved it from an organisational failure. A lesson to policy-makers: a responsible minister and the minister’s subordinates should exercise a more active ownership policy and keep the political interests of his/her party subordinate to the strategic interests of the state. Recent public discussion on SOE governance in Finland reveals that the Finnish Government still experiences difficulties in fully digesting the wisdom of the OECD Guidelines of Corporate Governance of StateOwned Enterprises.
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Stanca, Lorenzo. "Investimenti diretti cinesi in Italia: da ruscello a fiume?" ECONOMIA E POLITICA INDUSTRIALE, no. 1 (April 2009): 135–44. http://dx.doi.org/10.3280/poli2009-001009.
Повний текст джерелаАнотація:
- Chinese outbound direct investments have experienced a strong increase in the last five years, spurred by the "Go Abroad" policy launched by the Chinese Government in 2002. Europe still ranks at the bottom of the list among the destinations of Chinese direct investments, but it is the fastest growing one. Within Europe, Italy is a late comer in attracting Chinese investments, but has been catching up quickly in the last few years. Investments have been made mostly in the logistics and in the manufacturing sector. In 2008 the acquisition of Cifa, a leading producer of cement-working machines, by Zoomlion signalled an important step in the history of Chinese investments in Italy. It is the largest Chinese acquisition in Europe so far and for the first time the Chinese investor is looking at integrating foreign management into its own managing structure. On average the size of Chinese companies investing in Italy is much larger than that of Italian companies looking at China for expansion. Furthermore, Chinese firms are focusing increasingly on manufacturing companies and are shunning those that do not appear in good shape. Acquiring a market share in Europe is the primary aim of Chinese companies investing in Italy, while the acquisition of technological skills plays a secondary role. Keywords: foreign direct investments, China, Italian industry, acquisitions Parole chiave: investimenti diretti all'estero, Cina, industria italiana, acquisizioni Jel Classification: F2
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Md. Ali, Azham. "Ethnicity, Foreign Investments and Strong Pragmatic Government: Towards Interpreting Accounting Progress in Malaysia." Journal of Public Administration and Governance 4, no. 3 (September 30, 2014): 245. http://dx.doi.org/10.5296/jpag.v4i3.6408.
Повний текст джерелаАнотація:
This work applies the interpretive paradigm (Burrell and Morgan, 1979) in understanding the accounting development taking place in Malaysia over a forty year period from 1957 to 1997. To understand accounting in action, the perspective emphasises putting accounting in its particular historical and environmental context and thus leads towards quite rich description of the activity in Malaysia. Following the interpretive approach, accounting here is considered not as a distinct and separable part of the total social system but as an integral to the sociopolitical structure of society (Samuels and Oliga, 1982; Hopwood, 1983; Chua, 1986; Hines, 1988; Morgan, 1988; and Dillard, 1991). This socially constituted view of accounting stresses that accounting is constantly changing and evolving within its dynamic environment. What constitutes the environment surrounding accounting development in Malaysia is comprised of the nation’s social, economic and political arenas. Specifically, these environmental dimensions are represented by the following respective factors: ethnicity, foreign investments and strong pragmatic government. These environmental factors which consist of a set of socio-economic relationships and political conditions have the ability to either constrain or facilitate the accounting process. With interpretive research approach and the socially constituted view of accounting adopted in this study, data are obtained from primary and secondary source documentation and from personal interviews conducted with various parties who can be considered as having significant interests in the country's audit practice. From one accounting episode to another that totalled to eight, the impact of ethnicity, foreign investments and strong pragmatic government may be surmised. The factor of ethnicity seems to have shown its impact in the MIA lying low, rejection of the MIA-MACPA merger proposal, activation of the MIA, the rivalry between the MIA and MACPA and finally the setting up of the MASB and FRF. Foreign investments on the other hand appear influential in the establishment of both the MIA and the MACPA, the MACPA thriving during the era of the New Economic Policy (NEP) while the MIA was lying low, and finally in the activation of the MIA later in 1987. As for the environmental attribute of government acting in a strong and pragmatic manner, this may be seen in all espisodes except perhaps in the establishment of the MACPA. All in all, it may be inferred that racial concern and the operation of strong pragmatic government in contrast to the influence of foreign investments appear to have constraint progress in the manner that accounting has been developing in Malaysia. Their continuing debilitating impact is expected to continue as long as powerful elite comprising those in the government, corporate and accounting sectors stays intact. Although at one level it appears that changes have actually taken place, deeper analysis shows that much of this change is superficial. Accounting development has been implicated in broader ideological and political struggles in the society (Hopper et al., 1987). Thus, accounting in Malaysia cannot be interpreted as simply a technical phenomenon, but rather as a social activity imbedded in its social, economic and political context. The lessons and experience of the past and present suggest that in all probability the future of accounting in Malaysia will continue to be constrained by unresolved problems. Accounting in Malaysia seems to be a case of "the triumph of hope over experience".
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Abdullah, Anzar. "Diplomatic Relations between Indonesia-Australia Since Whitlam, Fraser, Until Hawke Era in An Attempt To Establish Political Stability in Southeast Asia." Jurnal Ilmiah Peuradeun 5, no. 2 (May 27, 2017): 237. http://dx.doi.org/10.26811/peuradeun.v5i2.135.
Повний текст джерелаАнотація:
Talking about foreign policy relations of a country, it cannot be explained without adapting to the changes that occur in the growing environment or situation of both countries. Adjustments to the environment and the situation, especially the foreign policy are done in order to maintain the physical, economic, politic and social culture of the country in the midst of the real conditions of the situation occurred, like the history of bilateral relations between Indonesia and Australia). This is a study of the history of Australian foreign policy towards Indonesia since Whitlam government in 1972 until Hawke. The goal of the study is to explain how the foreign policy of the Australian Prime Ministers during their reigns. Although in reality in the course of its history, Australian and Indonesian diplomatic relations were full of intrigues, turmoil and conflicts, but it did not severe the relation of the two nations. Eventually, the conclusion of this study explicitly states that Australia and Indonesia still need each other in an attempt to establish political stability, economic and security in Southeast Asia and the Pacific peacefully.
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Phimpamot, Thaksin. "Foreign direct investment in the Lao People's Democratic Republic: Challenges and prospects." Asia and Africa Today, no. 12 (2021): 64. http://dx.doi.org/10.31857/s032150750017786-6.
Повний текст джерелаАнотація:
In the article the inflow of foreign direct investment (FDI) into the economy of the Lao is examined, in particular, the evolution of the policy, methods and rules of FDI attraction and regulation, as well as the dynamics and sectoral structure of FDI inflows. In result of Lao’s targeted proactive government policy, the FDI inflow since 2005 have risen substantially, owing primarily to domestic and foreign investments in hydropower and mining. Since the 3rd five-year National Plan for 1991-1995, the promotion of FDI has become a priority for the government. Since 2005, the annual rate of economic growth has exceeded 5%, and by 2020, the poverty of the people has dropped significantly. Through continuous, inclusive and sustainable economic growth the country managed to get out of “least developed countries” status by 2020. The Lao PDR government continues to improve the legal framework and law enforcement practice in the field of FDI. China, Thailand and Vietnam lead the investment process among the 10 most active foreign investors. Lao government clearly defined the desirable industries for foreign direct investment, which meet national interests - hydropower, mining, infrastructure facilities, industrial and agricultural enterprises, tourism. In this article an overview of the most important FDI sectors in Laos is provided. Authors have come to conclusion that the scope, volume and focus of implemented and ongoing FDI projects has benefited the Laos in terms of socioeconomic growth, foreign exchange earnings, job creation, as well as modern equipment, technology and skills transfer. The attention of the Lao government to practical details of foreign investment in important national projects contributes to successful use of external resources for national goals.