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Removing foreign direct investment's exchange rate risk in developing economies: the case for a foreign exchange custodian board

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  • Yip, Paul S.L.
  • Yao, S.T.

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  • Yip, Paul S.L. & Yao, S.T., 2006. "Removing foreign direct investment's exchange rate risk in developing economies: the case for a foreign exchange custodian board," International Review of Economics & Finance, Elsevier, vol. 15(3), pages 294-315.
    • Handle: RePEc:eee:reveco:v:15:y:2006:i:3:p:294-315
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    1. Ray Barrell & Nigel Pain, 1997. "The Growth of Foreign Direct Investment in Europe," National Institute Economic Review, National Institute of Economic and Social Research, vol. 160(1), pages 63-75, April.
    2. Borensztein, E. & De Gregorio, J. & Lee, J-W., 1998. "How does foreign direct investment affect economic growth?1," Journal of International Economics, Elsevier, vol. 45(1), pages 115-135, June.
    3. Bruce A. Blonigen, 2019. "Firm-Specific Assets and the Link Between Exchange Rates and Foreign Direct Investment," World Scientific Book Chapters, in: Foreign Direct Investment, chapter 3, pages 89-120, World Scientific Publishing Co. Pte. Ltd..
    4. Chen, Chung & Chang, Lawrence & Zhang, Yimin, 1995. "The role of foreign direct investment in China's post-1978 economic development," World Development, Elsevier, vol. 23(4), pages 691-703, April.
    5. Premachandra Athukorala & Jayant Menon, 1995. "Developing with Foreign Investment: Malaysia," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 28(1), pages 9-22, January.
    6. Bende-Nabende, A. & Ford, J. L., 1998. "FDI, Policy Adjustment and Endogenous Growth: Multiplier Effects from a Small Dynamic Model for Taiwan, 1959-1995," World Development, Elsevier, vol. 26(7), pages 1315-1330, July.
    7. Mas-Colell, Andreu & Whinston, Michael D. & Green, Jerry R., 1995. "Microeconomic Theory," OUP Catalogue, Oxford University Press, number 9780195102680.
    8. De Gregorio, Jose, 1992. "The effects of inflation on economic growth : Lessons from Latin America," European Economic Review, Elsevier, vol. 36(2-3), pages 417-425, April.
    9. Crafts,Nicholas & Toniolo,Gianni (ed.), 1996. "Economic Growth in Europe since 1945," Cambridge Books, Cambridge University Press, number 9780521499644.
    10. De Gregorio, Jose, 1992. "Economic growth in Latin America," Journal of Development Economics, Elsevier, vol. 39(1), pages 59-84, July.
    11. Haishun Sun, 1998. "Macroeconomic Impact of Direct Foreign Investment in China: 1979–96," The World Economy, Wiley Blackwell, vol. 21(5), pages 675-694, July.
    12. Cushman, David O, 1985. "Real Exchange Rate Risk, Expectations, and the Level of Direct Investment," The Review of Economics and Statistics, MIT Press, vol. 67(2), pages 297-308, May.
    13. Tain-jy Chen & Yi-Ping Chen, 1995. "Foreign Direct Investment," Industry and Innovation, Taylor & Francis Journals, vol. 2(1), pages 57-68.
    14. Kogut, Bruce & Chang, Sea Jin, 1996. "Platform Investments and Volatility Exchange Rates: Direct Investment in the U.S. by Japanese Electronic Companies," The Review of Economics and Statistics, MIT Press, vol. 78(2), pages 221-231, May.
    15. Barrell, Ray & Pain, Nigel, 1997. "Foreign Direct Investment, Technological Change, and Economic Growth within Europe," Economic Journal, Royal Economic Society, vol. 107(445), pages 1770-1786, November.
    16. V N Balasubramanyam & M Salisu & David Sapsford, "undated". "Foreign Direct Investment and Growth: New Hypotheses and Evidence," Working Papers ec7/96, Department of Economics, University of Lancaster.
    17. Jansen, Karel, 1995. "The macroeconomic effects of direct foreign investment: The case of Thailand," World Development, Elsevier, vol. 23(2), pages 193-210, February.
    18. Baumol, William J. & Nelson, Richard R. & Wolff, Edward N. (ed.), 1994. "Convergence of Productivity: Cross-National Studies and Historical Evidence," OUP Catalogue, Oxford University Press, number 9780195083903.
    19. Yih-Chyi Chuang & Chi-Mei Lin, 1999. "Foreign direct investment, R&D and spillover efficiency: Evidence from Taiwan's manufacturing firms," Journal of Development Studies, Taylor & Francis Journals, vol. 35(4), pages 117-137.
    20. Mody, Ashoka & Wang, Fang-Yi, 1997. "Explaining Industrial Growth in Coastal China: Economic Reforms . . . and What Else?," The World Bank Economic Review, World Bank, vol. 11(2), pages 293-325, May.
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    Cited by:

    1. Mayer, Wolfgang & Mourmouras, Alexandros, 2010. "IMF surveillance as a signal to attract foreign investment," International Review of Economics & Finance, Elsevier, vol. 19(4), pages 562-574, October.
    2. Muhammad Ejaz & Muhammad Shahzad & Rana Ejaz Ali Khan, 2021. "Exchange Rate Volatility and Capital Inflows in Developing Economies," Asian Development Policy Review, Asian Economic and Social Society, vol. 9(1), pages 24-32, March.

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