scholarly journals Islam and Mass Preferences Toward Foreign Direct Investment in Tunisia

Author(s):  
Amaney A. Jamal ◽  
Helen V. Milner

Abstract Are FDI and Islam in conflict with one another in the eyes of Tunisians?  Does support for globalization fall or increase when it embraces or challenges Islamic dress, prayer, and other practices? We examine through different experimental tests how Tunisians react to foreign direct investment when it accommodates or conflicts with Islamic norms. Using three original sources of data, including a large representative survey (N = 4,986), a conjoint survey experiment (N = 1,502), and an original survey experiment with experimental social vignettes (N = 504), we examine how threats (and non-threats) from FDI to Islamic norms affect support for FDI. We find strong support for FDI, but these levels of support are not stable. We find the support for FDI falls by almost 32% if it is seen to clash with female Islamic dress. Support is highest when it accommodates Islamic practices, especially the female hijab and lowest when it is perceived to disregard these practices.

2020 ◽  
Vol 21 (3) ◽  
pp. 383-405
Author(s):  
Ignacio Jurado ◽  
Stefanie Walter ◽  
Nikitas Konstantinidis ◽  
Elias Dinas

Despite years of crisis, the euro has enjoyed strong popular support across the Eurozone periphery. In light of the high costs of internal devaluation strategies, this begs the question why the public has remained in favor of the common currency. In this article, we propose a theoretical mechanism that accounts for both voters’ pocketbook preferences and their sociotropic assessments over the noisy trade-offs associated with the outcomes of euro membership and euro exit. Using original survey data from three consecutive survey waves in Greece (conducted in July, September, and December 2015, respectively), we analyze the attitudes of Greek voters toward the euro in an environment of acute uncertainty, austerity, high unemployment, and economic recession. First, we juxtapose our uncertainty mechanism of popular euro attitudes against other explanations put forward in the literature and find strong support for our argument. Second, we conduct a survey experiment to tap into attitudes toward the euro-austerity trade-off and find that as uncertainty over policy outcomes diminishes, framing effects abate in significance, especially among those who voted No in the July 2015 referendum. Finally, we derive distinct sets of euro preferences for different ‘vulnerability profiles’. Over time, as the trade-offs of euro membership become more pronounced, we find a marked fall in euro support between July and December 2015.


2016 ◽  
Vol 13 (2) ◽  
pp. 401-420 ◽  
Author(s):  
KUNAL SEN ◽  
CHAITALI SINHA

AbstractWe look at the institutional determinants of both within- and across-country variations in US foreign direct investment (FDI) flows over time. The strength of our approach is that in contrast to the previous work that has focused on average FDI flows across countries, we are able to explain both the variations in FDI flows across and within countries for a given year. Our core hypothesis is that in countries with high quality of contract enforcement, multinationals are more likely to invest in the industries, where by their very nature investments are relationship specific. Conversely, in countries with low quality of contract enforcement, multinationals are more likely to invest in industries where investments to a large degree are not relationship specific. Using-three dimensional panel data for US FDI flows to 50 countries and 6 sectors for the period 1984–2010, we find strong support for our hypothesis. Our findings suggest that countries that want to attract US FDI in sectors that are highly intensive in technology and institutions such as transportation and electronics should improve their property rights and contracting environment.


2018 ◽  
Vol 67 (3) ◽  
pp. 712-731
Author(s):  
Nisha M Bellinger ◽  
Byunghwan Son

This article focuses on the nature of party systems to explain variations in foreign direct investment inflows within developing democracies. We hypothesize a positive relationship between the effective number of parliamentary parties and foreign direct investment inflows. Large effective number of parliamentary parties is indicative of the expropriation risks as well as stability of the political environment of host countries. We thus argue that expropriation risks are low when the presence of multiple parties makes drastic, impulsive changes in economic policies difficult. We also suggest that a larger number of parties represent diverse societal interests better, reducing the chances of underrepresented social groups driving political instability. The relationship between effective number of parliamentary party and foreign direct investment inflows is tested on a sample of 56 developing democracies from 1985 to 2011. The evidence presented lends strong support to the argument and is found robust to a number of alternative empirical scenarios.


1997 ◽  
pp. 1-34 ◽  
Author(s):  
Arthur S. Aldersen

Recent years have witnessed a fairly dramatic upswing in the level of foreign direct investment, a phenomenon which has played an integral part in a larger process of globalization. While sociologists have devoted a good deal of attention to the consequences of direct investment for the developing hosts of foreign direct investment, much less attention has been paid to the implications of direct investment for the advanced industrial societies. ln this paper, I focus on one of the more interesting links that has been drawn between direct investment and its effects: that between the outflowof direct investment - often cast as "capital flight" - and deindustrialization. To examine this link I employ a pooled time-series of cross-sections dataset which combines observations on 17 OECD nations across the 1967-1990 period (N=408) . Random effects regression models, which control for unmeasured country-specific effects, reveal strong support for arguments which link direct investment to the relative decline of the labor force in manufacturing in core societies. ln addition, results show that deindustriali zation across this period is largely explained by a model that combines classic generalizations of the process of economic development with an attention to a range of more immediate factors identified by contemporary students of deindustrialization.


2015 ◽  
pp. 151-156
Author(s):  
A. Koval

The improving investment climate objective requires a comprehensive approach to the regulatory framework enhancement. Policy Framework for Investment (PFI) is a significant OECD’s investment tool which makes possible to identify the key obstacles to the inflow foreign direct investment and to determine the main measures to overcome them. Using PFI by Russian authorities would allow a systematic monitoring of the national investment policy and also take steps to improve the effectiveness of sustainable development promotion regulations.


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