Economic Development and the Direction of FDI Flows

2016 ◽  
Vol 16 (1) ◽  
pp. 91-112
Author(s):  
David Gomtsyan
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Multinational Firms ◽  
Developed Countries ◽  
Foreign Markets ◽  
High Productivity ◽  
Average Productivity ◽  
Advanced Economies ◽  
Regulatory Barriers ◽  
A Share

Evidence suggests that advanced economies make and attract relatively more FDI as a share of GDP than developing countries. Comparing the composition of international liabilities across countries the paper argues that higher risks and regulatory barriers in developing countries are the primary reasons behind the relatively lower levels of FDI liabilities to GDP in developing countries. The paper uses a model with heterogeneous multinational firms to explain this empirical observations. In the model developed countries make relatively more FDI because the average productivity of firms in these countries is higher, thus there are relatively more firms with sufficiently high productivity levels, that can profitably enter into foreign markets.

Analysis of Major Problems Faced by Small Firms in North India

2015 ◽  
Vol 15 ◽  
pp. 150-160
Author(s):  
Davinder Singh ◽  
Jaimal Singh Khamba ◽  
Tarun Nanda
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Economic Development ◽  
Small Firms ◽  
Small And Medium Enterprises ◽  
Developed Countries ◽  
North India ◽  
Small Enterprises ◽  
Employment Generation ◽  
Medium Enterprises

Micro, Small and Medium Enterprises (MSMEs) have been noted to play a significant role in promoting economic growth in less developed countries, developing and also in developed countries. Worldwide, the micro and small enterprises have been accepted as the engine of economic growth of any nation. Small and Medium Enterprises are the backbone of the economies, because it trigger employment, output, export, poverty alleviation, economic empowerment, economic development etc. in developed as well as in developing countries. It is more important to developing countries as the poverty and unemployment are burning problems. MSMEs have been playing a momentous role in overall economic development of a country like India where millions of people are unemployed or underemployed. Therefore, the growth of small sectors is essential for the growth in the GDP, employment generation, total manufacturing production and export. India, being one of the fastest growing economies of the world, needs to pay an honest attention for the utmost growth of MSMEs for its increased contribution in above areas.

scholarly journals The Internationalization of Firms: Some Lessons from ASEAN Firms

2020 ◽  
Author(s):  
Mohamad Hanapi Mohamad
Keyword(s):  
Developing Countries ◽  
International Business ◽  
Multinational Firms ◽  
Developed Countries ◽  
Technological Capabilities ◽  
Know How ◽  
Asean Countries

In the last 50 years the debate on the development of international business remained unsettled, especially that concerning the establishment of multinational firms from developing countries. Using the Ownership Locational Internalization (OLI) Model this paper examined the formation of multinational firms from ASEAN countries. We found positive similarities in the advancement of the firm’s specific ownership advantages such as skills, management know-how, R&D and technological capabilities. Unlike the firms from developed countries, the firms from developing countries adopted local elements in their products and services.  

Realigning Governance

2015 ◽  
pp. 1555-1581
Author(s):  
Bongani Ngwenya
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Developed Countries ◽  
Social And Economic Development ◽  
Development Goals ◽  
New Phenomena ◽  
And Diffusion

This chapter posits that Governance realignment from e-Government to e-Democracy constitutes a critical context for social and economic development in both developed and developing countries. E-Government and e-Democracy are not new phenomena in most developed countries and some developing countries in Asia and Africa. However, the degrees of political and economic variations between developed and developing countries poses a serious challenge to the efforts towards realignment of governance for social and economic development attainment. The findings in this chapter are that social and economic development lie at the intersection of e-Government and e-Democracy processes of governance realignment. Asymmetry in institutionalisation, and diffusion of e-Democracy amongst countries is widely attributed to economic and political variations in these countries. Unless these differences are skillfully identified and accommodated as such into the development and use models, e-Democracy efforts will not help achieve social and economic development goals, particularly those of developing countries.

scholarly journals Are Less Developed Countries More Exposed to Multinational Tax Avoidance? Method and Evidence from Micro-Data

2019 ◽  
Vol 34 (3) ◽  
pp. 790-809 ◽  
Author(s):  
Niels Johannesen ◽  
Thomas Tørsløv ◽  
Ludvig Wier
Keyword(s):  
Developing Countries ◽  
Multinational Firms ◽  
Tax Avoidance ◽  
Institutional Development ◽  
Developed Countries ◽  
Less Developed Countries ◽  
Tax Rates ◽  
Profit Shifting ◽  
Novel Approach ◽  
Data Requirements

Abstract This paper uses a global dataset with information about 210,000 corporations in 142 countries to investigate whether tax avoidance by multinational firms is more prevalent in less-developed countries. The paper proposes a novel approach to studying cross-border profit shifting, which has relatively low data requirements and is therefore particularly well-suited for the context of developing countries. The results consistently show that the sensitivity of reported profits to profit-shifting incentives is negatively related to the level of economic and institutional development. This may explain why many developing countries opt for low corporate tax rates in spite of urgent revenue needs and severe constraints on the use of other tax bases.

ICT in Regional Development

2005 ◽  
pp. 387-392
Author(s):  
Saundarjya Borbora ◽  
Mrinal Kanti Dutta
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Regional Development ◽  
Developing Economies ◽  
Developed Countries ◽  
The World ◽  
Information And Communication ◽  
Increase Productivity ◽  
Internet Connections ◽  
The Developed Countries

Economic development and information and communication technology (ICT) are found to move together in the present day era of globalization. ICT can contribute significantly in economic development of a region by providing adequate information at the minimum of time and cost, thereby enhancing productivity in different sectors of an economy. This fact is substantiated by several studies (Kraemer & Dedrick, 2001; Pohjola, 2001). Some country specific studies like that of Singapore (Wong, 2001) also highlighted similar results. ICT diffusion in the world has been quite rapid since the mid 1990s. While the developed countries have benefited substantially from the ICT growth, the developing countries could not reap similar benefits out of it which has resulted in emergence of a digital divide across the countries (Economist, 2000; Nkrumah, 2000; Norris, 2001). This divide is noticed not only across countries but also within a country and this is more prominent in developing economies like India. ICT diffusion is another area which needs more attention in India as it will lead to ICT access and application of ICT in real sectors to increase productivity and output. During the past one decade India has made rapid advances in ICT growth as reflected in the increase in the number of Internet connections and users. The growth of Internet connections and users in the country is shown in Table 1.

Analysis on the Overall Characteristics and Laws of Economic Development

2011 ◽  
Vol 225-226 ◽  
pp. 174-177
Author(s):  
Yue Huang
Keyword(s):  
Information Technology ◽  
Developing Countries ◽  
Economic Development ◽  
Developed Countries ◽  
Less Developed Countries ◽  
Information Economy ◽  
Self Sufficiency ◽  
History Of ◽  
Economics Model ◽  
Economical Development

In light of current world economics heading towards a direction that demands a refurbished theoretical guidance, Huang, Mu and Huang’s (1990, 1991) “Overall Development of Global Economics” model - also affectionately known as the "4-ways, 2-forms" hypothesis - serves as a research guideline and a basic framework of economical development problems. Economical development throughout the history of mankind has experienced three phases, each phase bearing its own characteristics. While today’s developing countries linger in the era of nature driven self-sufficiency, developed countries have surged ahead into a phase of post-information economy where information technology serves as the backbone of Information Economic Era. At present, the financial disparities between nations often and inevitably produce conflicts driven by socio-economical differences and the resultant ideologies. What are the orientations in economic development for less developed countries, developing countries and developed countries? Why does conflict between them arise and what causes this? How can they be resolved? These have become focal issues of concern among economist.

The relationship among tourism, poverty, and economic development in developing countries

2016 ◽  
Vol 22 (6) ◽  
pp. 1174-1190 ◽  
Author(s):  
Namhyun Kim ◽  
HakJun Song ◽  
Ju Hyun Pyun
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Developed Countries ◽  
Tourism Industry ◽  
Least Developed Countries ◽  
Income Per Capita ◽  
International Dollar ◽  
Heterogeneous Effects ◽  
Per Capita ◽  
The Relationship

This study investigates the relationship among tourism, poverty, and economic development in developing countries. The empirical model is set up using unbalanced panel observations for 69 developing countries for the period 1995–2012. The findings show that tourism has heterogeneous effects on the poverty ratio in terms of a country’s income per capita: the positive effect of tourism on poverty alleviation switches to being negative after a certain threshold of a country’s income level. The results of this study indicate that only the least developed countries (those with an income per capita below international dollar 3400) have benefited from the tourism industry in terms of reducing their poverty ratios.

scholarly journals Impacts from Economic Development and Environmental Factors on Life Expectancy: A Comparative Study Based on Data from Both Developed and Developing Countries from 2004 to 2016

2021 ◽  
Vol 18 (16) ◽  
pp. 8559
Author(s):  
Zhiheng Chen ◽  
Yuting Ma ◽  
Junyi Hua ◽  
Yuanhong Wang ◽  
Hongpeng Guo
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Gini Coefficient ◽  
Negative Impact ◽  
Positive Impact ◽  
Developed Countries ◽  
Environmental Indicators ◽  
Gdp Per Capita ◽  
Per Capita ◽  
Urbanization Rate

Both economic development level and environmental factors have significant impacts on life expectancy at birth (LE). This paper takes LE as the research object and selects nine economic and environmental indicators with various impacts on LE. Based on a dataset of economic and environmental indicators of 20 countries from 2004 to 2016, our research uses the Pearson Correlation Coefficient to evaluate the correlation coefficients between the indicators, and we use multiple regression models to measure the impact of each indicator on LE. Based on the results from models and calculations, this study conducts a comparative analysis of the influencing mechanisms of different indicators on LE in both developed and developing countries, with conclusions as follow: (1) GDP per capita and the percentage of forest area to land area have a positive impact on LE in developed countries; however, they have a negative impact on LE in developing countries. Total public expenditure on education as a percentage of GDP and fertilizer consumption have a negative impact on LE in developed countries; however, they have a positive impact on LE in developing countries. Gini coefficient and average annual exposure to PM2.5 have no significant effect on LE in developed countries; however, they have a negative impact on LE in developing countries. Current healthcare expenditures per capita have a negative impact on LE in developed countries, and there is no significant impact on LE in developing countries. (2) The urbanization rate has a significant positive impact on LE in both developed countries and developing countries. Carbon dioxide emissions have a negative impact on LE in both developed and developing countries. (3) In developed countries, GDP per capita has the greatest positive impact on LE, while fertilizer consumption has the greatest negative impact on LE. In developing countries, the urbanization rate has the greatest positive impact on LE, while the Gini coefficient has the greatest negative impact on LE. To improve and prolong LE, it is suggested that countries should prioritize increasing GDP per capita and urbanization level. At the same time, countries should also work on reducing the Gini coefficient and formulating appropriate healthcare and education policies. On the other hand, countries should balance between economic development and environmental protection, putting the emphasis more on environmental protection, reducing environmental pollution, and improving the environment’s ability of self-purification.

scholarly journals Upaya Hukum PT Bank Rakyat Indonesia (Persero) Tbk Unit Amlapura terhadap Debitur yang Wanprestasi dalam Usaha Mikro

2020 ◽  
Vol 1 (1) ◽  
pp. 27-32
Author(s):  
I Kadek Adi Payana ◽  
I Nyoman Putu Budiartha ◽  
Ni Made Puspasutari Ujianti
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Economic Development ◽  
Venture Capital ◽  
Research Method ◽  
Developed Countries ◽  
Legal Research ◽  
Main Driver ◽  
Credit Agreement ◽  
Legal Consequences

Economic development in a country is highly dependent on dynamic development and tangible contributions from the development sector. Development in the economic field is  the  main  driver  of  development,  Micro  Business  plays  an  important  role  in development and economic growth, not only in developing countries but also in developed countries. The formulation of the problem in this study, is: 1. Default and Legal Consequences in Micro People's Business Credit Agreement at PT. Bank BRI, 2. Repayment of Debtor Debt in Credit Agreements at Bank Bri. The research method used is a type of normative legal research. The most important part of developing a micro business is borrowing venture capital obtained from loans obtained from a bank. In an agreement, the debtor sometimes fails or defaults. Default or non-fulfillment of the agreement can occur either intentionally or unintentionally. Parties who do not intentionally do this default can occur because they are not able to fulfill these achievements or are also forced to make these achievements. The problem in this study is the occurrence of default on a credit agreement, the data is processed and analyzed qualitatively. The purpose of the analysis is to minimize the risk of bad credit. Then sort out the loan application submitted based on the loan ceiling. Default or non-fulfillment of the agreement can occur either intentionally or unintentionally. Parties who do not intentionally do this default can occur because they are not able to fulfill these achievements or are also forced to make these achievements.

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