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Foreign Direct Investment to Developing Countries in the Globalised World

  • Sandy Kyaw
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    This paper discusses the key issues related to foreign direct investment flows to developing countries in the globalised world. In particular, the paper focuses on the recent trend and direction of foreign direct investment flows to developing countries and the uneven distribution of the flows among the countries. Furthermore, the paper presents some empirical findings (based on country experiences) on why the foreign direct investments are attracted to some countries but not to many others. Finally, the paper concludes with policy implications for enhancing the developing countries’ attractiveness to foreign direct investment. [DSA, Annual conference 2003: Globalisation and Development]

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    File URL: http://www.esocialsciences.org/Download/repecDownload.aspx?fname=Document122122006430.2123224.pdf&fcategory=Articles&AId=758&fref=repec
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    Paper provided by eSocialSciences in its series Working Papers with number id:758.

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    Date of creation: Dec 2006
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    Handle: RePEc:ess:wpaper:id:758
    Note: Institutional Papers
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    1. Joshua Aizenman, 1992. "Exchange Rate Flexibility, Volatility, and Domestic and Foreign Direct Investment," IMF Staff Papers, Palgrave Macmillan, vol. 39(4), pages 890-922, December.
    2. Barry P. Bosworth & Susan M. Collins, 1999. "Capital Flows to Developing Economies: Implications for Saving and Investment," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 30(1), pages 143-180.
    3. Ashoka Mody & Antu Panini Murshid, 2002. "Growing Up with Capital Flows," IMF Working Papers 02/75, International Monetary Fund.
    4. Martin Feldstein, 2000. "Aspects of Global Economic Intergration: Outlook for the Future," NBER Working Papers 7899, National Bureau of Economic Research, Inc.
    5. Lionel Fontagné & Michaël Pajot, 1997. "How Foreign Direct Investment Affects International Trade and Competitiveness: an Empirical Assessment," Working Papers 1997-17, CEPII research center.
    6. Douglas Nigh, 1985. "The Effect of Political Events on United States Direct Foreign Investment: A Pooled Time-Series Cross-Sectional Analysis," Journal of International Business Studies, Palgrave Macmillan, vol. 16(1), pages 1-17, March.
    7. Root, Franklin R & Ahmed, Ahmed A, 1979. "Empirical Determinants of Manufacturing Direct Foreign Investment in Developing Countries," Economic Development and Cultural Change, University of Chicago Press, vol. 27(4), pages 751-67, July.
    8. Gastanaga, Victor M. & Nugent, Jeffrey B. & Pashamova, Bistra, 1998. "Host Country Reforms and FDI Inflows: How Much Difference do they Make?," World Development, Elsevier, vol. 26(7), pages 1299-1314, July.
    9. 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.
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