scholarly journals Foreign Direct Investment in the Function of Economic Development - Example of Selected Countries in the Western Balkans

Author(s):  
Ivana S. Domazet ◽  
Darko Milivoj Marjanović

The main aim of this work is to determine, on the basis of empirical research, whether and to what extent foreign direct investment has impact on the overall economic development of selected countries in the Western Balkans. Analyses made for the purpose of this paper were performed on the basis of available secondary data possessed by the World Bank for the period of 2000-2012. The research methodology involved the use of the techniques of linear regression and correlation analysis. The first task was to determine whether there is an impact of foreign direct investment on the overall economic development of these countries. Where such influence occurred, it was necessary to define its level in comparison to the influence of other variables. The results of the analysis in this paper suggest that inflow of foreign direct investment does not affect to a significant extent the economic development of selected countries in the Western Balkans.

2020 ◽  
pp. 694-719
Author(s):  
Ishita Ghosh ◽  
Sukalpa Chakrabarti

This chapter is divided into two parts. The first part examines panel data evidence concerning empirical significance of the determinants of Foreign Direct Investment (FDI) in CLMV countries. Theoretical and empirical findings and outcomes on FDI have been considered to test the model for the aforementioned nations. The data has been taken from the World Bank through 2005-2014. Findings accept the four proposed hypotheses and the results are significant. The second part explores the trade and FDI situation in CLMV through secondary data, and establishes that India has potential to augment bi-lateral ties through this route. Literature review for this section also corroborates with the findings of the first part.


Legal Studies ◽  
2003 ◽  
Vol 23 (4) ◽  
pp. 649-689 ◽  
Author(s):  
Amanda Perry-Kessaris

It has become commonplace to argue that foreign direct investment (FDI) flows are to some extent determined by the effectiveness of host state legal systems – the institutions and officials involved in the creation and implementation of law, including courts and judges, bureaucrats, and politicians, in their capacity as makers and implementers of law. The primary concern of the paper is how this dominant theory can be tested – that is, what methods can we use to test the extent to which the effectiveness of legal systems affects success in attracting FDI? The analysis focuses in particular on South Asia, the US and the UK, The paper considers what data on FDI and legal systems are necessary and available for conducting a statistical regression test of the theory. It establishes that the data available until recently were inadequate. The paper then considers the extent to which recent empirical studies, conducted under the auspices of the World Bank, produce useful facts for the purpose of testing the relationship between FDI and legal systems. These new data sets are recommended by the World Bank Group's Foreign Investment Advisory Service (FIAS), and thus provide a useful insight into the type of information assumed by theorists to be available, and useful, to investors. The paper therefore also considers how the theory that legal systems are determinants of FDI can be implemented by investors – that is, what information exists upon which they can base their location decisions? It is concluded that many points, fundamental and finer, about the relationship between legal systems and FDI remain to be explored. We have a neat, intellectually appealing theory. Sadly, we still do not have the facts to test it, nor for investors to implement it.


Author(s):  
Ishita Ghosh ◽  
Sukalpa Chakrabarti

This chapter is divided into two parts. The first part examines panel data evidence concerning empirical significance of the determinants of Foreign Direct Investment (FDI) in CLMV countries. Theoretical and empirical findings and outcomes on FDI have been considered to test the model for the aforementioned nations. The data has been taken from the World Bank through 2005-2014. Findings accept the four proposed hypotheses and the results are significant. The second part explores the trade and FDI situation in CLMV through secondary data, and establishes that India has potential to augment bi-lateral ties through this route. Literature review for this section also corroborates with the findings of the first part.


Author(s):  
Olga Pryazhnikova ◽  

The World Bank has made an important contribution to shaping the global agenda for reducing poverty, increasing prosperity and promoting sustainable development. The review examines the main milestones in changes of the World Bank’s activities in the field of social development. The evolution of the organization’s approaches to solving the problem of poverty reduction as one of the key obstacles to socio-economic development is outlined.


2018 ◽  
Vol 162 ◽  
pp. 02038
Author(s):  
Shahla Mohammad Ali

Foreign direct investment in Iraq cannot take its complete role for different reasons, such as: Lack of security, Corruption, Lack of Transparency, Unequipped banking system, undeveloped arbitration law, Intellectual Property Rights (IPR) issue, and internal disputes over oil rights. It was found that Iraq rates as one of the worst places in the world to do business, languishing at 166 out of 183 countries, according to a World Bank report and for starting a business Iraq ranks even lower


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