Comments on: “A political theory of foreign investment: An alternative approach” by S. Takemori and M. Tsumagari (Japan and the World Economy 9 (1997) 515–531)

1997 ◽  
Vol 9 (4) ◽  
pp. 533-535
Author(s):  
JoséManuel Campa
Author(s):  
Larisa Germanovna Chuvakhina

The article highlights the current problems of investments in the development of the world economy, when international investment needs are significantly high. The priority is given to the issues of investment resources for achieving the goals of sustainable development of the world economy. It has been stated that for creating the effective economic policy, the countries need to attract foreign investment. The current trends in the development of global market for foreign direct investment flows are examined. The flows of global foreign direct investment in 2017-2018 are analyzed. Special attention is given to the study of the US investment policy. The reduction in US investments into the Russian economy in terms of the sanctions policy against Russia is marked. The changes in the investment policy of the administration of D. Trump in terms of strengthening American protectionism are underlined. The issues of US-EU investment cooperation are considered. The role of the US Federal Reserve in regulating the activities of foreign companies in the US market is defined. The main decisions taken at the X World Investment Forum of the United Nations Conference on Trade and Development in October, 2018 are considered. The role of investment promotion agencies is defined as one of the tools to attract foreign investments into the country's economy. The decrease in the level of international investment and increased competition between countries for attracting foreign investment is stated. The study confirms that the investment attractiveness of the country, stability of the national financial system, and legal security of business play a decisive role in attracting foreign direct investment.


1987 ◽  
Vol 19 (2) ◽  
pp. 205-224 ◽  
Author(s):  
J L Morris

This paper is intended as a study of the restructuring of world economy in the postwar period, especially in the 1970s and 1980s, the emergence of new spatial divisions of labour, and the resultant impacts on Wales. The discussion will first focus upon the relevant changes in the world economy in the postwar period, their spatial ramifications, and the theoretical constructs which have arisen out of this new economic and industrial geography. The paper will then proceed to an outline of the effects of these changes on Wales in the form of the foreign investment in the region and the attendant industrial restructuring which has occurred. The central theme of the paper is a plant-based qualitative analysis of the effects of this new spatial division of labour in Wales. The final section is a discussion of the creation and reproduction of uneven development that such a spatial division of labour can create.


2019 ◽  
Vol 65 (3) ◽  
pp. 345-355
Author(s):  
Clare Fisher Williams

For the World Bank, the importance of the legal climate for attracting foreign investment is axiomatic and the legal and political aspects of an investment climate are measured in the World Bank’s ‘good governance’ programme. However, the assumptions underlying this rely on quantitative research setting out correlation and highlighting a narrow range of voices. An ESL-inspired approach to empirical work can question what investors want from a host state legal system while also addressing criticisms of existing literature. As a case study, Sri Lanka is set out as a country actively engaged in attracting foreign investment through the creation of an ideal investment climate. The discussion first describes the empirical by setting out the role of World Bank rationalities in shaping Sri Lanka’s investment climate. It then defines the analytical, locating ESL in the social sciences and outlining the debates surrounding the central concept of embeddedness. It goes on to design an alternative approach by combining elements of three frames, both addressing existing criticisms and avoiding embeddedness. This is then deployed and the applications and implications for framing relations of foreign investors in Sri Lanka are set out.


2021 ◽  
Vol 4 (1) ◽  
pp. 69-84
Author(s):  
Beby Suryani Fithri ◽  
Riswan Munthe ◽  
Anggreni Atmei Lubis

Consumer protection should receive more attention, because foreign investment has become part of Indonesia's economic development, where the Indonesian economy is also related to the world economy which can have negative implications for consumers. This study aims to determine the adoption of the ultimum remedium principle in consumer protection law and to determine the ultimum remedium principle of business actors in consumer protection law. The research method used is a normative juridical research method with secondary data source and analyzed deductively. The research desire to be achieved in consumer protection is to create a sense of security for consumers in meeting the needs of life. It is proven that all consumer protection norms in the Consumer Protection Law have criminal sanctions. The presence of criminal sanctions in consumer protection regulations is a form of ultimum remedium (the last alternative) when resolving consumer protection disputes through other legal channels is not sufficient.


2020 ◽  
Vol 58 (3) ◽  
pp. 343-362
Author(s):  
Nataša Stanojević

Abstract This paper analyses trends in three key aspects of economic globalization: international trade, foreign investment and global product chains. The paper points to downward tendencies of the world economic integration in all three segments. The paper finds that causes of these trends are not cyclical, but structural, that is, the process of deglobalization of the international market and transformation of the very foundations of the international economic system is underway. The paper also includes an empirical analysis of the potential effects of these changes on six economies of the Western Balkan. The multiple regression models reveal very strong statistic connection between these economies and the world economy trends. There are direct relations with global foreign trade and production, but inverse relation with FDI share in the world economy. That indicates significant challenges such as declining income and job losses, but also certain opportunities to reduce trade deficits and increase domestic production.


2015 ◽  
Vol 5 (1) ◽  
pp. 88-91
Author(s):  
Gustavo Arellano

In this essay, humorist Gustavo Arellano looks at the past and present state of relations between Asians and Latinos in California to offer a glimpse of the future for Californians in the Pacific world. He suggests that foreign investment from Latin America and Asia will increasingly turn California into a global crossroad for the world economy, which it has been for a long time already; remittances back home will help modernize countries of origin, while residents here will influence politics there—and in California too. Bilingualism and multiculturalism won’t be so exotic by the twenty-second century, but rather the only way for California and America to survive.


1967 ◽  
Vol 6 (6) ◽  
pp. 1164-1173

We joined the OECD (Organisation for Economic Co-operation and Development) in 1964, because we are convinced that with the increasing interdependence of the economic communities of the world, a closer cooperation among the various national economies would contribute to the development of the respective economies and, in the long run, of the world economy itself and to the peaceful and cooperative relationship among the peoples of the world, and because we judged it was necessary for us, in the interest of the long-range development of our economy, to make efforts for creating a firm relationship of cooperation between our economy and those of other countries and for maintaining and expanding the freedom of capital movements as well as of current invisible operations.


2021 ◽  
pp. 1-25
Author(s):  
Taomo Zhou

Located immediately north of Hong Kong, Shenzhen is China's most successful special economic zone (SEZ). Commonly known as the “social laboratory” of reform and opening, Shenzhen was the foremost frontier for the People's Republic of China's adoption of market principles and entrance into the world economy in the late 1970s. This article looks at prototypes of the SEZ in Bao'an County, the precursor to Shenzhen during the Mao era (1949–76). Between 1949 and 1978, Bao'an was a liminal space where state endeavors to establish a socialist economy were challenged by capitalist influences from the adjacent British Crown colony of Hong Kong. To create an enclave of exception to socialism, Communist cadres in Bao'an promoted individualized, duty-free cross-border trade and informal foreign investment schemes as early as 1961. Although beholden to the inward-looking planned economy and stymied by radical leftist campaigns, these local improvisations formed the foundation for the SEZ—the hallmark of Deng Xiaoping's economic statecraft.


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