FOREIGN DIRECT INVESTMENT IN THE INTERNATIONAL FINANCIAL SYSTEM

Foreign Direct Investment support the development of the host countries and provides opportunities for the Multinational Corporations to geographically diversify their operations into greener pastures and reap better benefits. This study focuses on a few of the most relevant factors that attract FDI into the UAE. It is observed that the inflow of FDI into the UAE is on the increase year-on-year during the last five years. The relevant factors that make the UAE FDI-attractive are the political stability, geocentric location, well-developed infrastructure, stable currency, well developed financial system, the global crowd-pulling event the Expo 2020, and the proactive and investor-friendly policies of the government.

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Von der Ungleichheit des globalen Naturverbrauchs

PROKLA Zeitschrift für kritische Sozialwissenschaft ◽

10.32387/prokla.v35i139.600 ◽

2005 ◽

Vol 35 (139) ◽

pp. 203-223 ◽

Cited By ~ 1

Author(s):

Philipp Hersel

Keyword(s):

Natural Resources ◽

Financial Markets ◽

Direct Investment ◽

Currency Crises ◽

Financial System ◽

Project Finance ◽

International Financial System ◽

The North ◽

The One ◽

Industrialised Countries

The vast majority of global natural resources is consumed and destroyed by a small minority of mankind in industrialised countries. The paper assesses the role that the international financial system and financial markets play in affecting access, consumption and destruction of global natural resources. By reviewing the causal links between the dynamics of indebtedness, currency crises and the proliferation of project finance by credit and direct investment on the one hand with exploitation of natural resources and the geographical distribution of their consumption and valorisation. It appears that the international financial system plays a significant and systemic role in facilitating the concentration of the global natural resources’ consumption in the North.

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Foreign Direct Investment, Financial Development and Economic Growth

Handbook of Research on Strategic Developments and Regulatory Practice in Global Finance - Advances in Finance, Accounting, and Economics ◽

10.4018/978-1-4666-7288-8.ch021 ◽

2015 ◽

pp. 331-348 ◽

Cited By ~ 1

Author(s):

Kadir Y. Eryigit ◽

Sibel Bali Eryigit

Keyword(s):

Economic Growth ◽

Foreign Direct Investment ◽

Financial Development ◽

Direct Investment ◽

Relevant Literature ◽

Financial System ◽

Current Situation ◽

Quarterly Data ◽

Complementary Relationship ◽

Positive Effect

This chapter discusses the effects of financial development on relationships between FDI and economic growth within the framework of the relevant literature, and researches empirically the current situation in Turkey. To that end, analysis is conducted through the use of Johansen et al. (2000) cointegration method, based on the quarterly data for the period between 1989 and 2011. To the authors' knowledge, there are no studies assessing the complementary relationship between FDI and financial development in the relevant literature in Turkey. According to the results, financial development and FDI affect economic growth positively, and financial system makes important contributions to the positive effect of FDI on economic growth.

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