IMPACT OF FOREIGN INVESTMENTS IN VESZPRÉM COUNTY AND THE BALATON REGION: A DIFFERENT APPROACH

2021 ◽  
Author(s):  
Milena Galetin ◽  
◽  
Viktória Csizmadiáné Czuppon

The importance of foreign investment for both foreign investors and host states (i.e. the economic development of the country receiving capital) is without question. Among the motives for cross-border movement of capital are profit making, entering new markets and cheaper production1. In that sense foreign investments are suitable tools which allow companies to expand their cross-border operations and possibility to become key economic players, locally and globally. The authors deal with the impact of foreign investment on local companies/local producers in Veszprém County and the Balaton Region. The research aims to explore their attitude - advantages and obstacles they encounter due to the existence of foreign companies. There was a requirement to analyze investment disputes in which Hungary is a party, scrutinizing socio-legal aspects of foreign investment. This research consists of four parts. After the introduction, the results of the survey are shown in the second part and investment disputes in the third part. Although the survey was done just before the COVID 19 outbreak, in some parts of the paper it was necessary to address certain issues in this context. The combination of theoretical analysis and empirical research that is characteristic of social sciences is used. Finally, in the last part, concluding remarks along with recommendations are presented.

Author(s):  
Bonnitcha Jonathan ◽  
Skovgaard Poulsen Lauge N ◽  
Waibel Michael

This chapter surveys the impact of investment treaties on decision-making at the firm and government levels. The focus is on whether investment treaties’ influence on the decisions of firms and states leads to improvements in efficiency. The first section examines the ‘hold-up’ problem, which provides the most influential and coherent microeconomic justification for the inclusion of investment protection provisions in investment treaties. The second section explores the problem of ‘fiscal illusion’ in host state decision-making, which could result in ‘over-regulation’ of foreign investment in the absence of an investment treaty. The third section considers whether investment treaties solve problems of discrimination against foreign investors, as well as the possibility that investment treaties lead to discrimination in favour of foreign investors.


2017 ◽  
Vol 4 (2) ◽  
pp. 35
Author(s):  
Dritan Shoraj ◽  
Perparim Dervishi

There are statistics that foreign direct investments (FDI) in Albania have significantly declined. Business climate and skill of policies to attract FDI in Albania has apparently not impacted the promotion of investments from foreign businesses. This study assesses the business environment disadvantages and the readiness and availability of foreign investors to take risks with their investments in a foreign market facing the business climate of the host country, as well as the skill or failure of the latter for long term cooperation. Some basic components of the business climate in Albania, impact and their attractiveness to foreign investors will be analyzed and assessed. The research methodology selected for this study is the quantitative one, where a number of about 100 CEO and administrators of medium and big foreign companies in Albania have been planned to be interviewed. The measuring instrument will be standardized and after data collection, a series of analyses will be built such as correlation, means, standard deviations, frequencies, Chi-square (χ2) where the value p00.5. Analysis of variables will be realized through SPSS program. The study will be closed with relevant conclusions and recommendations.


2005 ◽  
Vol 21 (3) ◽  
pp. 525-544
Author(s):  
Suzanne Quiers-Valette

The problems linked to oil profits have been the subject of numerous studies. Few of these studies, however, have dealt with the specific problem of the impact of oil price shocks and return shocks on foreign investments in revenue-generating countries. This paper seeks to analyze the case of Nigeria which has been and still is a key country for the international oligopolies, thanks to the sheer size of its market and its oil wealth. In the face of Africa 's current decline Nigeria is, with South Africa, a potential keystone state that could in time bind together other states into a regional bloc with good prospects for growth. This possible unifying role, however, seems to depend on foreign investment picking up. It is therefore essential to understand better the extent to which foreign investment was spurred from 1973 onwards by the oil boom and what the consequences were of the crisis that began in 1982.


2019 ◽  
Vol 7 (6) ◽  
pp. 340-348
Author(s):  
Faris Al-Fadhat ◽  
Mohammad Raihan Nadhir

Purpose of the study: This article examines the impact of foreign investment—especially through the capital market—towards the economic stability and strategic policy in Indonesia. Despite being a member of G20, a group of states with the world’s highest Gross Domestic Products, Indonesia is still a developing state whose need for investment to support economic growth is high. On the other side, Indonesia has a low capital accumulation rate due to low people’s savings which inhibits the development projects. Therefore, the government prioritizes the incoming flow of foreign investment. Methodology: This study applies the international political economy approach to provide critical analysis of Indonesian contemporary foreign investment, especially in the capital market. The data used is the investment activities through the Indonesia Stock Exchange during 2015-2016. Main Findings: It argues that Indonesia’s considerable dependence on investment has enabled foreign investors to play the capital flow to influence the national economic stability for their interests. Such influence was a result of two strategies: (i) the transaction domination in the capital market through the Indonesia Stock Exchange, and (ii) the alliance with financial actors in accessing inside information—which is not commonly owned by domestic investors. Implications/Applications: This study suggests that the politics of foreign investors has contributed towards the changes of government policies in the financial sectors to facilitate the process and to ensure the flow of foreign investment to Indonesia. Such policies include the government’s control of interest rates, fiscal policy, as well as currency stability through macroprudential regulation. Novelty/Originality: Essentially, the capital market is not politically neutral. It has been used by foreign investors to augment their interests by dominating transactions and building political alliances at the domestic level.


Author(s):  
Osama Salim Al Adawi ◽  
Said Salim Al Hina ◽  
Hussin A. M. Yahia ◽  
Ram Kishore Manchiryal

Organizations and companies who are working on construction sector within Oman are suffering from running into the bureaucracy process which established within the governmental stakeholders to obtain approvals and permissions like NOCs (No Objection Certificates). The objectives of this Research are to identify the impact of governmental stakeholders on delaying projects completion as a result of lengthy process of granting NOCs and subsequently design a platform which will guarantee a flat process for approaching information and issuing approvals. Three research methodologies have been implemented in this study. The first one was a quantitative where questionnaire distributed to selective personnel who are working in construction project environment and representing different local companies. The second one was a qualitative method where interviews with project managers, senior engineers and leaders in the construction field has been conducted to understand the impact caused by long approval process in their projects’ lifecycle. The third one was an expert system where an online platform is developed and sought to expedite the approvals process from governmental stakeholders and accordingly evaluate the compatibility and reliability of the system through selective personnel from the construction sector. The expected outcomes of this study are to achieve a solution with an aim at speeding up issuing NOCs and approvals obtainment as well as diminishing the needless processes practiced by governmental stakeholders in the built environment within Oman.


Author(s):  
Victor Obasse ◽  
Chima Onuoha

This study is an empirical inquiry into the impact of Direct Foreign Investment (DFI) of other countries into the manufacturing sector in River State, Nigeria. It would lead to a better understanding of the economic mechanism and the behavior of economic agents, both at micro and macro cadre allowing the opening of new areas of study in economic growths. This study would also look through the advantages and disadvantages which foreign direct investment has on Nigeria economy, thereby, reveal if there is a correlation between the direct foreign investment and the Nigerian economy. As a cross section survey, data for this study was generated using well and articulately structured survey from 50 respondents across 10 manufacturing firms in Rivers State. A total of three hypotheses were proposed with analysis revealing the relationship between direct foreign investments and manufacturing sector, it was revealed that direct foreign investment had a positive and significant relationship with manufacturing sector. The researcher believes that if appropriate actions are taken and necessary structures erected, the Nigerian manufacturing sector will be a healthier place to access the benefits that foreign direct investment conveys. This will lead to growth in Nigeria manufacturing sector. It was revealed that in spite of the acknowledged remuneration foreign direct investment conveys. It is nonetheless, criticized on grounds, of the defective activities that foreign investors indulge in. In conclusion, the study showed that the expansion of the manufacturing sector and direct foreign investment in Nigeria is based on a number of problems which may be reason for the positive but insignificant impact on DFI when the variables was regressed against manufacturing sector. It was at that point recommended that, Government needs to do a few needful in order to motivate foreign investors, this is by providing good and right social infrastructure and also a pool of relevant workforce, a safe working environment against militancy and a potentially strong market for their product and services can be sold.


2019 ◽  
Vol 19 (3) ◽  
pp. 129-137
Author(s):  
Adina TRANDAFIR

This article addresses the issue of changes in tax legislation in our country over the last 20 months, in view of the effect they have on the level of foreign investment. The article presents, besides the actual legislative changes and the evolution registered in this period by foreign investments, also the fiscal pressure in the field of contributions, VAT and corporate income tax. The paper presents an econometric analysis that seeks to highlight the impact of the fiscal pressure of the above mentioned taxes on the FDI level recorded in Romania between January 2017 and August 2018.


Author(s):  
Abdullah Mushkus Almutairi

Recently, the Saudi Capital Market Authority (CMA) opened the door for foreign investors to invest directly in the stock exchange market (Tadawul) to gain more welfare from their investments. Along with this step, the CMA released a set of Rules for Qualified Foreign Financial Institutions Investments (RQFFII) in Listed Shares 2015 that aimed to attract and protect the shareholders' rights. In this research project, the RQFFII have been examined to discover the level of attraction that these Saudi rules offer to foreign investment. The project also aimed to highlight strengths and weaknesses in the rules with regard to the protection shareholders' rights. This thesis explored the possible influence of foreign investments in the Saudi stock exchange. The research project aimed to increase the CMA and shareholders' awareness and knowledge in regard to these rules which lead to more protection of the local stock exchange. In order to achieve this goal, this thesis used a qualitative method by comparing these rules to the regulations of other countries that have a successful record, such as the Gulf Countries Council (GCC) and Australia. It has also analysed reports of the international organization to support the findings. The findings showed that on the one hand the current rules are not sufficiently attractive, and on the other hand are restricted and able to provide enough protection to the domestic market and shareholders. In addition, the results support the positive role of foreign investors on the local stock exchange market and its regulations. The findings implied a correlation between regulations and foreign investment flows in regard to attracting foreign investments and protecting the local economy. Hence, Saudi policymakers use the gradual opening of foreign investors to its stock exchange, this project found that the amended rules in 2016 may lead to more foreign investment inflow.


2014 ◽  
Vol 8 (1) ◽  
pp. 7
Author(s):  
Grettel Brenes Leiva ◽  
Fidel León Darder

<p>La inversión directa extranjera (IED) tiene un claro impacto en la mejora de los niveles de desarrollo y crecimiento económico de los países receptores. En los últimos veinte años, Costa Rica ha realizado una decidida apuesta por la atracción de IED que, además, ha contribuido al incremento del volumen y la calidad de las exportaciones del país. Las subsidiarias costa- rricenses, propiedad de las empresas multinacionales, constituyen el instrumento a través del cual esa inver- sión exterior se transforma en actividad productiva. El presente estudio, basado en una muestra de ciento dos subsidiarias costarricenses, permite ahondar en el conocimiento de las subsidiarias costarricenses dado que brinda información a nivel micro empresarial de estas unidades corporativas. A partir de los hallazgos encontrados, se presenta una caracterización de dichas subsidiarias y de los altos directos a su cargo. Adicional- mente, se analizan otros aspectos asociados al manejo de las relaciones subsidiaria-casa matriz, las capacidades distintivas que poseen en las diversas actividades que realizan y que las hacen ser atractivas para los inver- sionistas extranjeros, además, se examina el potencial que podrían tener para establecer encadenamientos productivos con empresas nacionales, y, por último, se investiga la gestión emprendedora que ellas realizan, manifestada a través de las iniciativas emprendedoras que impulsan.</p><p> </p><p><strong>Abstract </strong></p><p>The foreign direct investment (FDI) has a clearimpact on improving the development and economicgrowth of the receiving countries. During the lasttwenty years Costa Rica bet decidedly on attractingFDI that has contributed to increase the volume andquality of the country’s exports. The Costa Rican foreignsubsidiaries have become the means in whichsaid foreign investment is transformed into productiveactivities. This research of 102 Costa Rican subsidiariesof multinational companies allows us to reach deeplyand unders-tand these corporate units at a micro entrepreneuriallevel. A characterization of said subsidiariesand their top executives is made. Also, the relationshipsbetween subsidiaries and head offices, the distinctivecapabilities for their area of business that make themattractive for foreign investors, their potential for developingpro- ductive chains with local companies andlastly their entrepreneurial procedures were examinedfrom the entrepreneurial initiatives they drive.</p>


2021 ◽  
Author(s):  
Shaowen (Wendy) Ding

In the last two decades, a substantial number of foreign investments brought thousands of international projects to the PRC [People's Republic of China]. Westerners undertaking these projects with their conventional management model as well as implementation certainty face challenges stirred by the Chinese's culture and traditions. With the PRC poised to take on a more dominant role in the world economy, there is a pressing need for foreign investors to understand the role that the Chinese culture plays in the performance of international projects. This paper prompts foreign investors to strongly consider potential impacts of the Chinese culture on international projects performed in China. Failure to respect China's local model and practice often times cause pricey delays or even total loss.


Sign in / Sign up

Export Citation Format

Share Document