Fiscal incentives and direct foreign investment in less developed countries

1983 ◽  
Vol 19 (2) ◽  
pp. 207-212 ◽  
Author(s):  
David Lim
Author(s):  
Rhys Jenkins

The chapter documents the growth of Chinese outward direct foreign investment (OFDI) and overseas projects carried out by Chinese contractors. The chapter discusses some of the problems in measuring Chinese OFDI. It shows the continuing importance of state-owned enterprises in China’s Go Global policy and discusses whether the international expansion of Chinese firms is primarily state driven or market driven. It shows that although political objectives played a role in the early expansion of Chinese firms, strategic economic factors and commercial objectives have played the most important roles in recent years. Resources and markets have been major drivers of the internationalization of Chinese firms. Chinese firms have also been involved in strategic-asset-seeking investment in developed countries.


1979 ◽  
Vol 4 (3) ◽  
pp. 225-234
Author(s):  
Olukunle Iyanda

In recent years, many less developed countries have thrown open their doors to foreign investment in manufacturing. It is believed that, by producing goods locally which otherwise would have been imported, foreign exchange would be conserved. This paper analyses the balance of payments impact of foreign direct investment in the manufacturing sector of Nigeria's economy to determine whether it is cheaper to produce locally through foreign-owned firms or to use any other alternate means of supplying local demand.


1991 ◽  
Vol 67 (2) ◽  
pp. 141-144 ◽  
Author(s):  
Edward M. Bilek ◽  
Paul V. Ellefson

Two hundred foreign investments (wholly-owned subsidiaries and joint ventures) were identified for 12 of the nation's 1981 top 20 sales-leading transnational wood-based companies. Investments were scattered over much of the world with a significant preference for developed countries (135 of the 200 foreign investments). Company executives agreed that the ability to compete in world markets would be key to a company's long-term success. Only three companies indicated foreign investments were of growing importance. Factors influencing company decisions about type of foreign investment included length of investment, developed versus developing country, social and political conditions in host country, foreign pressure to reduce equity, control of profit remittances and share of financial burden.


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