Foreign Investment Strategy

1997 ◽  
pp. 163-187
Author(s):  
Francis A. Lees
Keyword(s):  
Foreign Investment ◽  
Investment Strategy

China's International Investment Strategy

2019 ◽  
Keyword(s):  
Development Strategy ◽  
Foreign Investment ◽  
Developed Countries ◽  
Investment Strategy ◽  
International Investment ◽  
Bilateral Investment Treaties ◽  
Open Door Policy ◽  
Outward Fdi ◽  
Investment Law ◽  
Investment Treaties

The phenomenal story of China’s ‘unprecedented disposition to engage the international legal order’ has been primarily told and examined by political scientists and economists. Since China adopted its ‘open door’ policy in 1978, which altered its development strategy from self-sufficiency to active participation in the world market and aimed at attracting foreign investment to fuel its economic development, the underlying policy for mobilizing inward foreign direct investment (IFDI) remains unchanged to date. With the 1997 launch of the ‘Going Global’ policy, an outward focus regarding foreign investment has been added, to circumvent trade barriers and improve the competitiveness of Chinese firms, typically its state-owned enterprises (SOEs). In order to accommodate inward and outward FDI, China’s participation in the international investment regime has underpinned its efforts to join multi-lateral investment-related legal instruments and conclude international investment agreements (IIAs). China began by selectively concluding bilateral investment treaties (BITs) with developed countries (major capital exporting states to China at that time), signing its first BIT with Sweden in 1982. Despite being a latecomer, over time China’s experience and practice with the international investment regime have allowed it to evolve towards liberalizing its IIAs regime and balancing the duties and benefits associated with IIAs. The book spans a broad spectrum of China’s contemporary international investment law and policy: domestic foreign investment law and reforms, tax policy, bilateral investment treaties, free trade agreements, G20 initiatives, the ‘One Belt One Road’ initiative, international dispute resolution, and inter-regime coordination.

One piece does not a puzzle make: the first-mover decision as one piece on the foreign investment strategy puzzle

2014 ◽  
Vol 8 (3) ◽  
pp. 193-208
Author(s):  
Bradley J. Koch
Keyword(s):  
Foreign Investment ◽  
Empirical Studies ◽  
Investment Strategy ◽  
Strategic Decision ◽  
Investment Strategies ◽  
Strategic Decisions ◽  
Content Type ◽  
First Mover Advantage ◽  
First Mover ◽  
Better Than

Purpose – The purpose of this paper is to analyze the first-mover decision as one decision of a set of strategic decisions that ultimately determine performance. Design/methodology/approach – The author used survey data collected from foreign-invested firms in Sichuan, China, to test for evidence that first-movers perform better than late-movers. Findings – The results reveal that there is a first-mover advantage when the other strategic variables are not included in the model. When the entire set of strategic variables is included, however, the first mover variable loses its significance and the willingness of the foreign partner to commit additional resources becomes the best predictor of performance. Consequently, it was argued that foreign investment strategies should be analyzed as a set of strategic decisions managers make to formulate the best mix. Originality/value – The empirical evidence for the first-mover advantage may not be as well grounded as many have thought. When the first-mover strategic decision is analyzed in isolation from other strategic variables, which is commonly done in many empirical studies, it indicates that firms that enter China before their competitors perform better. Unfortunately, it is more logical to assume that managers dynamically develop a set of strategic decisions that ultimately determine the firm’s performance. To extrapolate one static decision from the strategic decision set and make broad assertions about its effect of performance is an over-simplification of the strategic decision process.

scholarly journals Organizational and financial features of business clusters formation

2018 ◽  
Vol 28 (4) ◽  
pp. 74-79
Author(s):  
O. Lisnichuk
Keyword(s):  
Foreign Investment ◽  
Investment Strategy ◽  
State Regulation ◽  
Investment Funds ◽  
Border Regions ◽  
Main Production ◽  
Financial Characteristics ◽  
Main Components ◽  
Effective Development ◽  
Investment Portfolios

The article describes the organizational and financial characteristics of business clusters formation in Ukraine and European countries. The author came to the conclusion that the cluster is a territorially limited system of enterprises, which provides a cycle from production to the sale of products, within which there are: enterprises of the main production, enterprises and organizations, serving the main production, financial organizations, as well as research institutions, which provide innovative development. The author also concluded that in Ukraine the clustered form of organization of the economy has not yet become sufficiently applied and disseminated. There are no perfect investments and innovation mechanisms for the formation and functioning of clusters, financial mechanisms of state regulation of their activities are ineffective. This includes, in particular, financing, direct financial assistance, subventions, subsidies, etc. The main components of the state economic policy - monetary, tax, depreciation and investment (especially in the field of foreign investment in the border regions attracting) - still do not perform functions of regional development stimulators. In general, the formation of clusters in Ukraine is slow because the proper state policy is not implemented. A separate complexity is the need to provide conditions for the effective development of small business. As it was already mentioned in this paper, the cluster association becomes the center of concentration of investment funds, which affects the formation of the investment strategy of the enterprises members of the cluster. Within the investment strategy, enterprises form investment portfolios in the direction of the sources of attraction or in the direction of investment of these funds.

scholarly journals ANALYSIS AND MODELING OF THE IMPACT OF INVESTMENT INVESTMENTS ON THE DEVELOPMENT OF THE UKRAINIAN ECONOMY

2021 ◽  
Author(s):  
Yana Dovhenko ◽  
Zoia Khaletska ◽  
Lyudmila Yaremenko
Keyword(s):  
Foreign Direct Investment ◽  
Foreign Investment ◽  
Direct Investment ◽  
Percent Level ◽  
Investment Strategy ◽  
The State ◽  
Rate Of Change ◽  
Clear Understanding ◽  
Fourth Degree ◽  
The Impact

Recently, the investment sphere has become an increasingly relevant topic for many countries of the world. The limited ability of the state to invest in its own economy determines the search for external sources of financing - foreign direct investment. Implementation of the investment strategy of economic growth of any country requires constant monitoring of the state and development prospects of the investment sphere. A real display of the actual results of the analysis of investment deposits contributes to a clear understanding of the features, problems and prospects for the development of the investment process. This is essential for the development of timely and effective country-level solutions. The article is devoted to modeling the impact of investment in the country's economy, especially with the effect of delay. The article analyzes the modern dynamics of investment indicators, the structure of funding sources and highlights the prospects for development. The role of the state through budgetary investments in the growth of the country's economy beyond the boundary threshold of A. Fuente, which is at a two percent level of the country's GDP, has been investigated. The dynamics of the rate of change in the annual GDP and the share of state financing of capital investments in Ukraine is analyzed. The analysis of investment security by basic indicators has been carried out. The percentage ratio between the volume of investments to GDP was determined and analyzed (the threshold value of the indicator is not less than 25%). The dynamics of foreign direct investment (cumulative growth) in Ukraine is approximated by a fourth-degree polynomial. The relationship between the volume of exports and imports of foreign direct investment and the growth rate of the country's economy, namely GDP, has been determined. A model is built with the effect of saturation of the dependence of GDP on foreign investment by the Koyck method. The constructed multivariate and lagged models can be used in assessing and forecasting the volume of FDI and GDP in Ukraine for the future. The coefficients of the lagged model were calculated, which confirmed the hypothesis of Butnik O.M. about the slowdown, attenuation of the pace of economic development without external foreign investment (analogy with a closed oscillating circuit).

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