IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this paper or follow this series

The Effectiveness of international investment instruments on the amount of foreign investment (a case study of Iran)

  • Nasrollahi Shahri, Nima

This is an analytical study which aims to gauge the extent to which international treaties have been effective in directing foreign investment to Iran. The two types of treaties studied here include Bilateral Investment Treaties and Double Taxation Agreements. Data as to the amount of investment in Iran as well as some information regarding the domestic investment regulatory framework in Iran is presented. The country has experienced widely different attitudes towards investment in the last 30 years because of its domestic political changes and, of course, in response to international developments. Upon recovering from the initial nationalistic shock of the 1979 revolution, Iran has engaged in many international instruments in the last 15 years and has also made several changes to its domestic fiscal and investment laws to provide foreign investors with a more favourable investment climate. These attempts have partly succeeded in the sense that there has generally been an upward trend in the amount of foreign investment channelled to Iran since 1994. This amount, however, is still much lower than is the norm for a country of the size and natural resources of Iran. Through investigating different impediments to foreign investment in the country, the study finds that overwhelmingly political and non-legal factors such as the relationship between Iran and the West and the attitude of the Iranian administrations to international trade carry much greater weight than merely concluding treaties. Despite this, the number of treaties concluded could be a good indicator of the political climate of the country at any given time and it can be seen that the government’s plans for attraction of foreign investment have always been clearly more successful throughout periods when more treaties were signed.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: https://mpra.ub.uni-muenchen.de/36317/1/MPRA_paper_36317.pdf
File Function: original version
Download Restriction: no

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 36317.

as
in new window

Length:
Date of creation: Dec 2010
Date of revision:
Handle: RePEc:pra:mprapa:36317
Contact details of provider: Postal: Schackstr. 4, D-80539 Munich, Germany
Phone: +49-(0)89-2180-2219
Fax: +49-(0)89-2180-3900
Web page: https://mpra.ub.uni-muenchen.de

More information through EDIRC

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

as in new window
  1. Xu, Bin, 2000. "Multinational enterprises, technology diffusion, and host country productivity growth," Journal of Development Economics, Elsevier, vol. 62(2), pages 477-493, August.
  2. Robert E. Lipsey & Robert C. Feenstra & Carl H. Hahn & George N. Hatsopoulos, 1999. "The Role of Foreign Direct Investment in International Capital Flows," NBER Chapters, in: International Capital Flows, pages 307-362 National Bureau of Economic Research, Inc.
  3. Magnus Blomstrom & Robert E. Lipsey & Mario Zejan, 1993. "Is Fixed Investment the Key to Economic Growth?," NBER Working Papers 4436, National Bureau of Economic Research, Inc.
  4. Dinda, Soumyananda, 2009. "Factors determining FDI in Nigeria: an empirical investigation," MPRA Paper 40172, University Library of Munich, Germany, revised 16 Jul 2012.
  5. Mary Hallward-Driemeier, 2003. "Do bilateral investment treaties attract foreign direct investment? Only a bit - and they could bite," Policy Research Working Paper Series 3121, The World Bank.
  6. Volij, Oscar & Dagan, Nir & Serrano, Roberto, 1999. "Feasible Implementation of Taxation Methods," Staff General Research Papers 5246, Iowa State University, Department of Economics.
  7. Blomstrom, Magnus & Sjoholm, Fredrik, 1999. "Technology transfer and spillovers: Does local participation with multinationals matter?1," European Economic Review, Elsevier, vol. 43(4-6), pages 915-923, April.
  8. Sebnem Kalemli-Ozcan & Laura Alfaro & Selin Sayek & Areendam Chanda, 2002. "FDI and Economic Growth: The Role of Local Financial Markets," Macroeconomics 0212007, EconWPA.
  9. Alfaro, Laura & Chanda, Areendam & Kalemli-Ozcan, Sebnem & Sayek, Selin, 2010. "Does foreign direct investment promote growth? Exploring the role of financial markets on linkages," Journal of Development Economics, Elsevier, vol. 91(2), pages 242-256, March.
  10. Kokko, Ari, 1994. "Technology, market characteristics, and spillovers," Journal of Development Economics, Elsevier, vol. 43(2), pages 279-293, April.
  11. Jennifer Tobin & Susan Rose-Ackerman, 2003. "Foreign Direct Investment and the Business Environment in Developing Countries: the Impact of Bilateral Investment Treaties," William Davidson Institute Working Papers Series 587, William Davidson Institute at the University of Michigan.
  12. Mary O'Mahony & Dr Michela Vecchi, 2002. "Do Intangible Investments Affect Companies' Productivity Performance?," NIESR Discussion Papers 141, National Institute of Economic and Social Research.
Full references (including those not matched with items on IDEAS)

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:36317. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.