scholarly journals Quantitative Research on the Impact of Opening to the Outside World on Industrial Competitiveness from the Perspective of Intelligent Data Analysis —Taking Guangzhou as an Example

2021 ◽  
Vol 251 ◽  
pp. 01031
Author(s):  
Zhong Jiayi

Intelligent data analysis can use statistics, big data and other data analysis tools to discover the internal connections between transactions from the data. Use the relevant principles of intelligent data analysis to quantitatively study the relationship between Guangzhou’s total import and export value, foreign direct investment and industrial development. Quantitative research shows that foreign direct investment is of great has a significance to the improvement of Guangzhou’s industrial competitiveness, especially the development of the tertiary industry. Although the impact of import and export on Guangzhou’s industrial competitiveness is not as significant as foreign direct investment, the impact must not be ignored. On the basis of quantitative research results, it is proposed that Guangzhou should continue to make breakthroughs in optimizing the foreign investment environment, vigorously developing the producer service industry, and increasing the opening up of high-end manufacturing industries to promote the formation of a new pattern of comprehensive opening up.

2020 ◽  
Vol 11 (6) ◽  
pp. 37
Author(s):  
Khaled Jadeaf Alanazi ◽  
Salawati Mat Basir

Foreign Direct Investment resulted in the disclosure of different investment chances and opportunities through active investment promotion agencies. A country must execute various reforms capable of improving the fundamental determinants of FDI for achieving a high percentage of Foreign Direct Investment. These reforms among others include improving investment laws, reducing political risk and level of corruption, establishing a consistent legitimate and regulatory environment, freeing repatriation of funds and capital, as well as opening up to international trade. Saudi Arabia adopted generous incentive policies for attracting foreign capital and invite Foreign Direct Investment during king Abdullah regime. These policies present positive incentives while eliminating negative disincentives. Positive incentives consist free custom duties, reductions of tax and export zones, by the government of Saudi Arabia. Disincentives elimination to investments indicates the removal of overlong and rigid systems as they can delay visas issuance, restraint travel and complicate the licensing and registration of a project. This paper discusses the impact of FDI on Saudi economy during King Abdullah regime and finally, ascertains the contribution of FDI to Saudi Economy during King Abdullah regime.


2020 ◽  
Vol 14 (2) ◽  
pp. 19-37
Author(s):  
Jelena Ignjatović ◽  
Jovana Kisin ◽  
Mileta Brajković

In recent years, Serbian exports, accompanied by the inflow of foreign direct investment, have improved significantly, resulting in stronger economic growth. However, despite the positive predictions of the European Commission for further growth of exports and the increase of economic growth in Serbia, our economy is facing serious consequences caused by the COVID-19 pandemic, which is affecting the whole world. The paper aims at presenting the current macroeconomic picture of the Republic of Serbia through the analysis of import and export policy, the volume of foreign trade and their impact on economic growth. In relation to the set goals, the paper is divided into four thematic units, with conclusions and possible recommendations at the end. Special emphasis was placed on exports, its development opportunities and improving competitiveness, as well as the presentation of recommendations within the Serbia's New Growth Agenda. The subject of this paper is based on theoretical data analysis, through descriptive and comparative methods as well as the synthesis of theoretical and empirical facts. For this research the primary empirical data were collected from various relevant sources.


2016 ◽  
Vol 43 (1) ◽  
pp. 3-20 ◽  
Author(s):  
Anne Groutel

The central role attributed to Seán Lemass and T. K. Whitaker in the transition of the Irish economy from protectionism to a free market economy has recently been questioned. In fact, it is more likely that a set of factors and influences combined led to the eventual opening up of the Irish economy. In the same vein, this article reveals that the American authorities, at the request of William Norton, assisted Ireland in setting up the campaign to attract foreign direct investment in 1955–56, providing detailed guidance and much-needed advice to an inexperienced industrial development authority. Despite Dublin’s best endeavours, American investors did not initially rush to Ireland. This article explores some of the reasons that may have held back American investors.


2018 ◽  
Vol 73 ◽  
pp. 10025
Author(s):  
Sasana Hadi ◽  
Sugiharti Retno ◽  
Setyaningsih Yuliani

Foreign Direct Investment (FDI) is the main element of the industrial development and economic growth. FDI will bring spillover effect in the form of technology transfer, increased competitiveness and surely will open up employment. But the presence of FDI into the country is not necessarily without problems. In the massif, the presence of FDI will build new factories that will bring the potential negative environmental externalities. This research aims to analyze the impact of FDI on the quality environment represented by CO2 emissions. In addition to the FDI also hosted other macroeconomic variables to see the impact on the environment in the aggregate economy. By using the time series regression analysis, the results show that the presence of the FDI has positive effects significantly to an increase in CO2 emissions. While the other macroeconomic variable, namely, poverty and population growth has a negative effect against CO2 emissions.


2021 ◽  
Vol 10 (1) ◽  
Author(s):  
Artur Ribaj ◽  
Fitim Mexhuani

AbstractThe correlation between savings and economic growth has been the subject of research for some well-known economists. This study provides further insight on such correlation by examining the case of Kosovo from both a qualitative and quantitative research methodology. The data used was from 2010 to 2017 and has been analyzed using the augmented Dickey-Fuller tests, Johansen cointegration tests, and Ganger causality test. The test of the unit root confirms stationarity, and the regression results showed that deposits have a significant positive impact on Kosovo’s economic growth, because savings stimulate investment, production, and employment and consequently generate greater sustainable economic growth. Furthermore, loans and remittances also help boost the economy of Kosovo through their direct impact on investment. This paper confirms that countries whose national savings rate is high are not dependent on foreign direct investment; consequently, the risk arising from volatile foreign direct investment decreases significantly.


2021 ◽  
Vol 12 (2) ◽  
pp. 389
Author(s):  
Folasade Bosede Adegboye ◽  
Olumide Sunday Adesina ◽  
Felicia Omowunmi Olokoyo ◽  
Stephen Aanu Ojeka ◽  
Victoria Abosede Akinjare

The sub-Saharan African region is characterized by a high relative degree of openness to trade. The region is also identified with increased inflows of foreign investments with no significant welfare improvement. Economic development emphasizes that the lack of domestic investment in the developing economies could be boosted by trade openness and inflow of Foreign Direct Investment (FDI) for impactful enhancement of capital formation. In this article, the impact of trade openness and foreign capital inflow on economic welfare was examined on a sub-regional analysis for sub-Saharan Africa. The study also appraised the effect of openness to trade and FDI inflow on the region's economic welfare. The data for 30 countries from 2000 to 2018 were collected and analyzed, with the Generalized Least Square (GLS) technique to fit the model developed. The study showed that openness to trade has a significant impact on economic welfare for all sub-Saharan Africa regions, while FDI is only significant for the Western sub-region. Hence, the study recommends that the government of the countries in the sub-Saharan Africa region should boost trade openness to enhance efficiency in productivity, and improve industrial development.


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