scholarly journals Las teorías de la localización de la inversión extranjera directa (IED): una aproximación

2017 ◽  
Vol 1 (2) ◽  
Author(s):  
C Villarreal

Palabras claves: Inversión extranjera directa, corporaciones transnacionales, globalizaciónResumen. El objetivo de esta obra es presentar una aproximación al estado actual del arte en el tema. En este sentido, se intentarán exponer los motivos que desencadenan que las diversas teorías relativas a la Inversión Extranjera Directa (IED) no proporcionen una respuesta unánime sobre la localización del capital extranjero con fines productivos, enfatizando la ausencia de modelos cuantitativos para explicar los factores en la decisión de invertir en el extranjero. Se presentan los conceptos y definiciones fundamentales relacionados con el tema. Finalmente, ofrece una perspectiva sobre el quehacer en las investigaciones relacionadas al tema.Key words: Foreign direct investment, transnational corporations, globalizationAbstract. The objective of this work is to present an approximation of the state of the art in the theme. For this purpose, I will try to illustrate the motives in order to unravel why the diverse theories of the Foreign Direct Investment (FDI) do not provide a unanimous response to the role of the foreign capital on productive end, emphasizing the absence of quantitative models to explain the factors that are essential in decision making of investing abroad. The concepts are presented and fundamental definitions related to the theme are pointed out. Finally, I offer a new perspective as how to conduct reasearch on this subject.

2021 ◽  
Vol 25 (4) ◽  
pp. 110-120
Author(s):  
E. A. Zvonova ◽  
V. Ya. Pishchik ◽  
P. V. Alekseevc

The article examines and assesses the problem of the investment deficit in the Russian economy, which has acquired particular relevance due to the coronavirus crisis caused by the pandemic. The study aims to develop practical recommendations for Russian state bodies to stimulate the investment process in the Russian economy and improve the efficiency of measures taken by the state to ensure the country’s socio-economic development. The objectives of this paper are to analyze the directions of optimization and prioritization of investment of resources during the economic recession caused by the coronavirus crisis using investment lending and project financing instruments, as well as to analyze and assess the ongoing reform of development institutions based on the state corporation “VEB.RF”. The research methodology includes an analysis of the regulatory legal framework, statistical information, official reports of state bodies, development institutions, scientific monographs and publications of Russian scientists, periodicals. The authors analyzed the trends and problems of the investment process in the Russian economy, including in the field of attracting foreign direct investment. Attention is paid to the ongoing reform of development institutions aimed at enhancing the role of the state development corporation “VEB.RF” in stimulating investment. The authors conclude that it is necessary to take a set of functional, instrumental, and institutional measures aimed at stimulating investment and ensuring sustainable socio-economic development of Russia. In particular, in the context of a shortage of domestic sources of financing for long-term investments, it is important to provide regulatory macroeconomic support for the inflow of foreign direct investment into the Russian economy. In this regard, the authors propose to change the monetary policy strategy to increase the stimulating role of refinancing of credit institutions and the projected exchange rate in attracting domestic and foreign long-term investments and ensuring sustainable development of the Russian economy. The authors also propose to increase the role of foreign exchange regulation and foreign exchange control in stimulating investment and ensuring sustainable socio-economic development of Russia.


2005 ◽  
Vol 16 (2) ◽  
pp. 323-342
Author(s):  
Michel Quévit

The article maintains that, with its long tradition of an open economy the State could not play the role of guiding the economic development of the country. The investment of foreign MNE in the Belgian economy has had major destabilizing effects in the regional structure: foreign direct investment was almost entirely done in Flanders. Simultaneously, the Belgian MNE disinvest in order to flee to the fiscal heaven of the neighbour Luxembourg. If the nation-state has played any role toward both foreign and local MNE, it has promoted multinationalization.


2020 ◽  
Vol V (I) ◽  
pp. 63-74
Author(s):  
Mansoor Mushtaq ◽  
Sania Shaheen ◽  
Irfan Hussain Khan

Investment significance in any country cannot be ignored for its direct and indirect influences on the growth rate of the economy. Foreign capital inflows are one of the major determinants of domestic private investment. Hence, this study analyzes the effect of two kinds of foreign capital inflows, i.e. inward foreign direct investment and inward foreign remittances on domestic investment covering a sample of five South Asian economies from 1976 to 2017. The findings of the study reveal that both types of capital inflows raise the domestic investment and the role of remaining variables on investment is also positive and significant. The study recommended that steps should be undertaken to increase these foreign capital inflows to raise the domestic investment in these countries.


1988 ◽  
Vol 22 (4) ◽  
pp. 377-390
Author(s):  
Sada Shankar Saxena

The author attended the Seminar on “Services and Development: The Role of Foreign Direct Investment and Trade” organized by the Government of Peru; in cooperation with United Nations Centre on Transnational Corporations (UNCTC), New York, and Junta Del Acuerdo De Cartagena at Lima during 1-4 February 1988. The Seminar was attended by high ranking officials, government spokesmen, academics and specialists from various parts of the world. Special papers on Framework of Agreement for Services, role of services in the development of Andean Pact countries, transborder data flows-a case study of Brazil, etc., were presented and discussed. The findings of the Seminar are perhaps as much relevant to the developing countries of Asia and Africa as to those of Latin America. The author gives in this paper an overview of the Lima Seminar.


2011 ◽  
Vol 65 (3) ◽  
pp. 531-551 ◽  
Author(s):  
Glen Biglaiser ◽  
David Lektzian

AbstractFor years, the United States has imposed economic sanctions to compel countries to alter their behavior. An important concern is whether government sanctions influence private foreign direct investment (FDI) decisions, the largest source of foreign capital. In the first study to assess empirically the relationship between economic sanctions and FDI, we consider whether U.S. sanctions influence U.S. FDI inflows into targeted countries. Using panel data for 171 countries from 1965 to 2000, we find strong evidence that U.S investors pull out of countries targeted for U.S sanctions prior to their imposition. This disinvestment is not permanent and investment tends to return after the sanctions are imposed. The results provide support for FDI studies that show the effect of risk on investor decision making.


Author(s):  
Taras Malyshivskyi ◽  
Volodymyr Stefinin

The article examines the relationship between attracting foreign capital in the form of foreign direct investment and ensuring economic development. In particular, the analysis of the current structure of the economy is indicated, its raw material character is pointed out and, based on other researches, the necessity of its reform is substantiated, as Ukraine will remain a low-income country if the current trend continues. This is due to the fact that countries with a raw material structure of the economy are characterized by a low level of economic complexity, and therefore are not able to generate high levels of income in society. As a result, the expediency of stimulating the attraction of investment resources into the country’s economy, in particular in the form of foreign direct investment, is substantiated. The dynamics of attracting foreign direct investment to Ukraine and a number of other countries for the period from 1991 to 2019 is analyzed and the key negative factors that deter foreign investors from investing in the economy of Ukraine are indicated. As a result of the analysis, divergent trends in the economic development of Ukraine and other analyzed countries (Poland, Czech Republic, Slovakia, Turkey, Romania, Hungary) were identified, which contributed to economic stagnation and restrained economic growth and development. Taking into account the analysis, as well as based on the concept of investment and innovation growth, it is proposed to use the experience of Israel to improve the country’s investment attractiveness and stimulate foreign capital inflows by adapting the Yozma program to Ukrainian realities. According to our estimates, the adaptation of this program to the Ukrainian economy will attract about $ 350 million over a five-year period of venture capital alone. In addition, programs such as YOSMA can also be implemented at the regional or even local level. We believe that the use of this tool will improve the investment attractiveness of the country, as well as provide sufficient financial resources to modernize the domestic economy and ensure rapid economic growth.


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