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An Empirical Study Identifying the Most Favored Foreign Direct Investment Inflows Destination in the Gulf Cooperation Council Countries

Author

Listed:
  • Manuel Fernandez

    (Institute of Management Technology, Dubai International Academic City, Dubai, UAE,)

  • Robinson Joseph

    (School of Business, Skyline University College, Sharjah, UAE)

  • Vania Maria Fernandez

    (University of Birmingham Dubai, International Academic City, Dubai, UAE.)

Abstract

This study aims to identify the most favored foreign direct investment destination in the Gulf Cooperation Council countries. The study compares the global rankings of each GCC country on investment decision parameters: market size, economic growth, infrastructure, technology adoption, innovation friendliness, productive and diversified labor force, financial infrastructure, taxation, political risk, corruption, and ease of doing business. This study confirms that the UAE is the most favored FDI destination in the GCC. Moreover, the current policies and regulations promulgated indicate the country's intent to become more investor-friendly and attractive to live in.

Suggested Citation

  • Manuel Fernandez & Robinson Joseph & Vania Maria Fernandez, 2023. "An Empirical Study Identifying the Most Favored Foreign Direct Investment Inflows Destination in the Gulf Cooperation Council Countries," International Journal of Economics and Financial Issues, Econjournals, vol. 13(2), pages 51-60, March.
    • Handle: RePEc:eco:journ1:2023-02-6
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    References listed on IDEAS

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    More about this item

    Keywords

    FDI; GCC; investment destination; investment decision;
    All these keywords.

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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