Fdi Spillovers Financial Markets And Economic Development
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Author | : Laura Alfaro |
Publisher | : International Monetary Fund |
Total Pages | : 34 |
Release | : 2003-09-01 |
Genre | : Business & Economics |
ISBN | : 1451859481 |
This paper examines the role financial markets play in the relationship between foreign direct investment (FDI) and economic development. We model an economy with a continuum of agents indexed by their level of ability. Agents can either work for the foreign company or undertake entrepreneurial activities, which are subject to a fixed cost. Better financial markets allow agents to take advantage of knowledge spillovers from FDI, magnifying the output effects of FDI. Empirically, we show that well-developed financial markets allow significant gains from FDI, while FDI alone plays an ambiguous role in contributing to development.
Author | : Gianluigi Giorgioni |
Publisher | : Springer |
Total Pages | : 274 |
Release | : 2017-08-23 |
Genre | : Business & Economics |
ISBN | : 1137580321 |
This book provides an in-depth overview of the most salient aspects of development finance. It critically reviews the current state of relevant literature on this topic and assesses both the challenges and the opportunities presented by the various forms of finance for development. Chapters from expert contributors examine a range of topics from the link between finance and growth and finance and misallocation, the relationship between financial illiteracy and lack of legal titles on access to finance, to the role of governments in the financial system and the role of overseas development assistance, remittances, microfinance, foreign direct investment (FDI) and stock exchanges on development. This book offers a good point of reference for postgraduate and PhD students and will appeal to researchers in this field.
Author | : OECD |
Publisher | : OECD Publishing |
Total Pages | : 72 |
Release | : 2006-05-11 |
Genre | : |
ISBN | : 9264018476 |
Drawing on good practices from OECD and non-OECD countries, the Framework proposes a set of questions for governments to consider in ten policy fields as critically important for the quality of a country’s environment for investment.
Author | : Theodore H. Moran |
Publisher | : Peterson Institute |
Total Pages | : 442 |
Release | : 2005 |
Genre | : Business & Economics |
ISBN | : 9780881323818 |
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 Laura Gómez Mera |
Publisher | : World Bank Publications |
Total Pages | : 0 |
Release | : 2014-12-03 |
Genre | : Business & Economics |
ISBN | : 9781464803710 |
This study analyzes the characteristics, motivations, strategies, and needs of FDI from emerging markets. It draws from a survey of investors and potential investors in Brazil, India, South Korea, and South Africa.
Author | : Thomas Farole |
Publisher | : World Bank Publications |
Total Pages | : 302 |
Release | : 2014-01-13 |
Genre | : Business & Economics |
ISBN | : 1464801266 |
This book presents the results of a groundbreaking study on ‘spillovers’ of knowledge and technology from global value-chain oriented foreign direct investment (FDI) in Sub-Saharan Africa, and discusses implications for policymakers hoping to harness the power of FDI for economic development.
Author | : Ross Levine |
Publisher | : |
Total Pages | : 130 |
Release | : 2004 |
Genre | : Economic development |
ISBN | : |
"This paper reviews, appraises, and critiques theoretical and empirical research on the connections between the operation of the financial system and economic growth. While subject to ample qualifications and countervailing views, the preponderance of evidence suggests that both financial intermediaries and markets matter for growth and that reverse causality alone is not driving this relationship. Furthermore, theory and evidence imply that better developed financial systems ease external financing constraints facing firms, which illuminates one mechanism through which financial development influences economic growth. The paper highlights many areas needing additional research"--NBER website
Author | : Sanjaya Lall |
Publisher | : Chichester [West Sussex] ; New York : Wiley |
Total Pages | : 296 |
Release | : 1983 |
Genre | : Business & Economics |
ISBN | : |
Study of multinational enterprises from newly industrializing countries, especially Argentina, Brazil, Hong Kong, and India - deals with foreign investment, management, marketing, research and development, industrial policy, etc.; discusses comparative advantages over local firms and other multinationals, monopolys, and criteria for selecting host country. References.
Author | : Sebastián Auguste |
Publisher | : |
Total Pages | : |
Release | : 2015-05-01 |
Genre | : |
ISBN | : 9781597822060 |
Author | : Bailliu, Jeannine N |
Publisher | : |
Total Pages | : 22 |
Release | : 2000 |
Genre | : Capital movements Developing countries 1971- |
ISBN | : |