Foreign Direct Investment as a Tool for Poverty Alleviation

Income Inequality ◽

Income Distribution ◽

Poverty Alleviation ◽

Direct Investment ◽

Previous Literature ◽

Absolute Poverty ◽

It has been argued that “Absolute poverty can be alleviated if at least two conditions are met. First, economic growth must occur—or mean income must rise—on a sustained basis. Second, economic growth must be neutral with respect to income distribution or reduce income inequality.” By way of reference to current and previous literature on economic development, this chapter aims to investigate the relationship between poverty, economic growth, and income distribution, as a means of mitigating gaps in the literature on the topic, as well as contributing to the literature of Foreign Direct Investment as a tool for poverty alleviation.

Foreign Direct Investment as a Tool for Poverty Alleviation

Wealth Creation and Poverty Reduction ◽

10.4018/978-1-7998-1207-4.ch020 ◽

2020 ◽

pp. 357-368

Author(s):

James Rossi ◽

Genevieve Dupont

Keyword(s):

Economic Growth ◽

Economic Development ◽

Income Inequality ◽

Income Distribution ◽

Poverty Alleviation ◽

Direct Investment ◽

Previous Literature ◽

Absolute Poverty ◽

THE RELATIONSHIP BETWEEN FOREIGN DIRECT INVESTMENT AND ECONOMIC GROWTH OF PAKISTAN

Journal of Social Sciences and Humanities ◽

10.46568/jssh.v58i1.132 ◽

2019 ◽

Vol 58 (1) ◽

pp. 115-124

Author(s):

Rummana Zaheer ◽

Shahana Kiramat

Keyword(s):

Economic Growth ◽

Economic Development ◽

Direct Investment ◽

Positive Impact ◽

Secondary Data ◽

Significant Relation ◽

Explanatory Variables ◽

Augmented Dickey Fuller ◽

Although it is very common to argue that the foreign direct investment is beneficial for the economic development of a nation. This exploration investigates the connection amongst FDI and economic development in case of Pakistan. In this study secondary data from 1985 to 2016 is taken to examine the relationship. The investigation included GDP as explained and exports and FDI as explanatory variables. To check data either it is stationary or not the study used Augmented Dickey Fuller test in our study. After making data stationary we have used OLS method to investigate the nature of relationship between the variables. Our results show that there is direct link amongst explained and explanatory variable. The findings also show that there is significant relationship between FDI and economic growth. After analyzing the calculations we came to know that foreign direct investment is a significant element for the economic development because it has positive impact and have significant relation with growth of an economy. Since FDI is an impressive element in economic development so, government should take steps to attract the foreign investors and make policies to encourage the trade liberalization to gain more from the foreign investment.

Relationship in Between FDI Inflow and Economic Growth in Kosovo

European Journal of Economics and Business Studies ◽

10.26417/ejes.v4i1.p50-57 ◽

2016 ◽

Vol 4 (1) ◽

pp. 50 ◽

Cited By ~ 1

Author(s):

Xhavit Islami ◽

Enis Mulolli ◽

Nagip Skenderi

Keyword(s):

Economic Growth ◽

Economic Development ◽

Direct Investment ◽

Pearson Correlation ◽

Negative Relationship ◽

Correlation Technique ◽

Relationship Of ◽

The Impact ◽

This study treats the relationship of foreign direct investment (FDI) and economic development in Kosovo. FDI is considered as an important factor of economic growth of places in development, so rightly the question is asked: “Which is the impact of FDI inflow on economic growth of Kosovo?” This study shows the relationship in between FDI inflow and five macroeconomic indicators that have an important role in economic development of Kosovo such as: GDP, GDP per capita, GNI, Exports, and Balance Trade. The data were taken from World Bank and the statistic agency of Kosovo for 2005 to 2014 period. Pearson Correlation technique was used for empirical analysis that is realized with SPSS v. 21.0 statistical program, the results showed that there is a positive relationship in between FDI inflow and GDP growth, whereas there is a negative relationship of FDI inflow and trade balance of Kosovo. This study arguments what is necessary to be done in leading policies to attract foreign direct investment in Kosovo.

Attracting foreign capital as a factor in ensuring the country's economic growth

Socio-Economic Problems of the Modern Period of Ukraine ◽

10.36818/2071-4653-2020-5-7 ◽

2020 ◽

pp. 34-41

Author(s):

Taras Malyshivskyi ◽

Volodymyr Stefinin

Keyword(s):

Economic Growth ◽

Economic Development ◽

Low Income ◽

Direct Investment ◽

Foreign Capital ◽

Local Level ◽

Current Trend ◽

Raw Material ◽

Foreign Capital Inflows

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.

Empirical Research on the Relationship amongst Renewable Energy Consumption, Economic Growth and Foreign Direct Investment in Kazakhstan and Uzbekistan

Energies ◽

10.3390/en14020332 ◽

2021 ◽

Vol 14 (2) ◽

pp. 332

Author(s):

Janusz Grabara ◽

Arsen Tleppayev ◽

Malika Dabylova ◽

Leonardus W. W. Mihardjo ◽

Zdzisława Dacko-Pikiewicz

Keyword(s):

Economic Growth ◽

Renewable Energy ◽

Energy Consumption ◽

Direct Investment ◽

Renewable Energy Sources ◽

Energy Sources ◽

Renewable Energy Consumption ◽

Integration Test ◽

In this contemporary era, environmental problems spread at different levels in all countries of the world. Economic growth does not just depend on prioritizing the environment or improving the environmental situation. If the foreign direct investment is directed to the polluting industries, they will increase pollution and damage the environment. The purpose of the study is to consider the relationship between foreign direct investment in Kazakhstan and Uzbekistan and economic growth and renewable energy consumption. The study is based on data obtained from 1992 to 2018. The results show that there is a two-way link between foreign direct investment and renewable energy consumption in the considered two countries. The Granger causality test approach is applied to explore the causal relationship between the variables. The Johansen co-integration test approach is also employed to test for a relationship. The empirical results verify the existence of co-integration between the series. The main factors influencing renewable energy are economic growth and electricity consumption. To reduce dependence on fuel-based energy sources, Kazakhstan and Uzbekistan need to attract energy to renewable energy sources and implement energy efficiency based on rapid progress. This is because renewable energy sources play the role of an engine that stimulates the production process in the economy for all countries.

Multinationals and Economic Growth in East Asia: Foreign Direct Investment, Corporate Strategies and National Economic Development - Edited by Shujiro Urata, Chia Siow Yue, and Fukunari Kimura

The Developing Economies ◽

10.1111/j.1746-1049.2007.046_2.x ◽

2007 ◽

Vol 45 (3) ◽

pp. 381-383

Author(s):

Eric D. Ramstetter

Keyword(s):

Economic Growth ◽

Economic Development ◽

East Asia ◽

Direct Investment ◽

Corporate Strategies ◽

National Economic ◽

National Economic Development

Economic Growth and Income Inequality in Developing Countries

International Journal of Life Sciences ◽

10.3126/ijls.v9i6.12743 ◽

2015 ◽

Vol 9 (6) ◽

pp. 79-82 ◽

Cited By ~ 1

Author(s):

Morteza Nemati ◽

Ghasem Raisi

Keyword(s):

Economic Growth ◽

Developing Countries ◽

Income Inequality ◽

Income Distribution ◽

Economic System ◽

Development Strategy ◽

Low Income ◽

Poverty Eradication ◽

The Relationship ◽

Selection Of

Nowadays, improvement in income distribution and poverty eradication and hence low inequality are served as the main objectives of economic and social development strategy even prior than primary tasks of governments. to manifest importance of income distribution, some economists adopt income inequality and income distribution in society as criteria for economic system of the community, although these criteria and measures are theoretical for the economic system and this varies from the perspective of different people, however, it denotes on importance of income distribution among individuals. The main objective of this study was to evaluate the effect of economic growth on income inequality in the selection of low-income developing countries.To this end, using panel data and data for 28 developing countries over the period 1990-2010 the relationship between GDP and the Gini coefficient was examined. The results indicate that as per hypothesis Kuznets in the early stages of growth, income inequality increases and then it declines in later stage.

Agricultural Sector FDI and Economic Growth in Saarc Countries

International Journal of Recent Technology and Engineering - 2 ◽

10.35940/ijrte.b1019.0982s1019 ◽

2019 ◽

Vol 8 (2S10) ◽

pp. 116-121

Keyword(s):

Economic Growth ◽

Direct Investment ◽

Agricultural Sector ◽

South Asians ◽

Secondary Data ◽

Agricultural Products ◽

Fdi Inflows ◽

Important Relationship ◽

The study seeks to establish the relationship between foreign direct investment to Saarc region agricultural sector and economic growth with secondary data. SAARC comprises 3% of the world's area, 21% of the world's population and 3.8% (US$2.9 trillion) making up a total of 3% of the world’s area. The country has second in all over the world in terms of agriculture position. The population obliquely all of the member states is over 1.7 billion, accounting for 21% of the world’s total population. In their 42% of the agricultural operation in SAARC nations and also 51% source of livelihood of the South Asians. The study has revealed that India alone accounts for 52 per cent of the agricultural products using the SAARC region peoples. For the present study, a total of 34 groups related to the agricultural products were selected out of the total groups. The techniques employed to analyze the data include descriptive statistic, correlation and linear forecast method. The study also revealed a positive and important relationship between economic growth and foreign direct investment flow to the agricultural sector. Thus, the study recommends that policy should focus on flexible trade policies to attract more foreign direct investment (FDI) inflows to SAARC nations. i.e. Afghanistan, Bangladesh, Bhutan, Maldives, Nepal, Pakistan, Sri Lanka including India

A time series analysis of determinants of FDI in Afghanistan: Which one matters the most, security or economic growth?

Journal of Emerging Economies and Islamic Research ◽

10.24191/jeeir.v6i2.8777 ◽

2018 ◽

Vol 6 (2) ◽

pp. 19

Author(s):

Abdul Fareed Delawari

Keyword(s):

Economic Growth ◽

Time Series ◽

Time Series Analysis ◽

Direct Investment ◽

Economic Factors ◽

Market Economic ◽

The Government ◽

Afghanistan has been practicing market economic system since 2002. Since then, the government has been initiating different policies and announced various incentives to attract foreign direct investment (FDI) to the country. However, the outcome has not been satisfactory due to several political and economic factors. This paper explores the relationship between security, economic growth and FDI in Afghanistan, using ARDL model. The paper covers a period from 2002 to 2016. The empirical results of this study show that there is a negative long-term relationship between security and FDI. Hence, the author concludes that, to attract FDI to the country, insuring security should be the top priority of the government of Afghanistan.

An Evaluation of Relationship between Foreign Direct Investment and Economic Growth in Vietnam

Journal of Asian Business and Economic Studies ◽

10.24311/jabes/2014.220.02 ◽

2014 ◽

Vol 220 ◽

pp. 79-96

Author(s):

Anh Phạm Thị Hoàng ◽

Thu Lê Hà

Keyword(s):

Economic Growth ◽

Direct Investment ◽

Significant Contribution ◽

Foreign Capital ◽

Positive Impact ◽

National Economic ◽

Investment Law ◽

Foreign direct investment (FDI) is an essential source of capital in the gross investment conducive to national economic growth, including the case of Vietnam. Since the 1987 Foreign Investment Law, the country has attracted a large amount of foreign capital, which makes a significant contribution to economic development. This research employs a VAR model to analyze the relationship between FDI and Vietnam’s economic growth. The results suggest that FDI has a positive impact on the latter and vice versa. The research also finds that FDI stimulates export and improves the quality of human resources and technology - important prerequisites for the economic growth.