[PDF] Does Fdi Accelerate Economic Growth eBook

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Page : 0 pages
File Size : 32,96 MB
Release : 2008
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There is a dearth of empirical literature both on the FDI and economic growth in the developed economies and the role of outward FDI in source country economic growth. [...] Contrary to the earlier period, the great depression in 1929 until the end of seventies when countries were concerned about the role of FDI in domestic economies, since the 1980s countries are increasingly becoming confident about the positive role of FDI in the economic growth process. [...] In the first place this implies that, much of the flows of FDI occurred between developed/industrial countries and second, that the developing countries are the net recipient of FDI. [...] As of 2004, the 25 OECD countries in our study hold 71 percent of world stock of FDI and had been the source of 87 percent world stock of FDI. [...] While Canada, the US and a few others maintained a trend increase in the stock, countries such as New Zealand and Netherlands have increased the stock of FDI dramatically in the 1990s.

Author : Theodore H. Moran
Publisher : Peterson Institute
Page : 442 pages
File Size : 17,70 MB
Release : 2005
Category : Business & Economics
ISBN : 9780881323818

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This volume gathers the cutting edge of new research on foreign direct investment and host country economic performance, and presents the most sophisticated critiques of current and past inquiries. It presents new results, concludes with an analysis of the implications for contemporary policy debates, and proposed new avenues for future research.

Author : Maria V. Carkovic
Publisher :
Page : 0 pages
File Size : 41,68 MB
Release : 2002
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This paper uses new statistical techniques and two new databases to reassess the relationship between economic growth and FDI. After resolving biases plaguing past work, we find that the exogenous component of FDI does not exert a robust, independent influence on growth.

Author : Mr.Jose De Gregorio
Publisher : International Monetary Fund
Page : 57 pages
File Size : 26,28 MB
Release : 1991-07-01
Category : Business & Economics
ISBN : 1451959753

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This paper studies growth determinants in 12 Latin American countries during the period 1950-85. In a simple growth accounting framework, the share of labor in income is found to be lower in the sample group than in developed countries, while factor productivity growth accounts for a larger proportion of growth in the fastest growing countries in the sample. Using panel data, macroeconomic stability is found to play, in addition to investment (physical and human), a crucial role in growth. To a lesser extent, growth is negatively correlated with government consumption and political instability. The terms of trade appear to have no significant effect on growth.

Author : Mr.Vittorio Grilli
Publisher : International Monetary Fund
Page : 54 pages
File Size : 15,87 MB
Release : 1995-03
Category : Business & Economics
ISBN :

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This paper studies determinants and effects of capital controls using a panel of 61 developed and developing countries. The results suggest that capital account restrictions are more likely to be in place in countries with low income, a large share of government, and where the central bank is not independent. Other determinants of controls include the exchange rate regime, current account imbalances and the degree of openness of the economy. We also find that capital controls and other foreign exchange restrictions are associated with higher inflation and lower real interest rates. We do not find any robust correlation between our measures of controls and the rate of growth, although there is evidence that countries with large black market premia grow more slowly.

Author : Chunlai Chen
Publisher : Edward Elgar Publishing
Page : 201 pages
File Size : 13,87 MB
Release : 2017-10-27
Category : China
ISBN : 1785369733

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Foreign Direct Investment and the Chinese Economy provides a comprehensive overview of the impact of foreign direct investment, with extensive empirical evidence, on the Chinese economy over the last three and a half decades.

Author : Pravakar Sahoo
Publisher : Springer Science & Business Media
Page : 378 pages
File Size : 32,61 MB
Release : 2013-10-01
Category : Business & Economics
ISBN : 8132215362

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During the 1990s, the governments of South Asian countries acted as ‘facilitators’ to attract FDI. As a result, the inflow of FDI increased. However, to become an attractive FDI destination as China, Singapore, or Brazil, South Asia has to improve the local conditions of doing business. This book, based on research that blends theory, empirical evidence, and policy, asks and attempts to answer a few core questions relevant to FDI policy in South Asian countries: Which major reforms have succeeded? What are the factors that influence FDI inflows? What has been the impact of FDI on macroeconomic performance? Which policy priorities/reforms needed to boost FDI are pending? These questions and answers should interest policy makers, academics, and all those interested in FDI in the South Asian region and in India, Pakistan, Bangladesh, Sri Lanka and Pakistan.