scholarly journals How Economic Globalization Changes International Investment Decisions

2019 ◽  
Vol 9 (4) ◽  
pp. 406
Author(s):  
A. G. Pomelnikov
Keyword(s):  
Emerging Economies ◽  
Foreign Investment ◽  
Capital Flows ◽  
Global Economy ◽  
Economic Models ◽  
Economic Globalization ◽  
International Investment ◽  
Productive Capacity ◽  
Medium Term ◽  
Foreign Investments

This paper explains the need and development of new economic models to evaluate the possible outcomes of foreign investment. I consider the importance of foreign investment to emerging economies in a global economy, the effectiveness of traditional economic theory to accurately identify and quantify non-financial factors that affect investment outcomes, and the appearance of new economic models to more accurately reflect the complexity of foreign investment.Following an extensive review of publicly available data, I find that capital flows to emerging economies is less than capital flows from developing countries, thereby producing a net loss of productive capacity. I conclude that, despite the use of new economic models, the level of global foreign investments by investor nations will continue to decline over the medium term due to a rise in anti-trade rules and regulations to retain capital and secure domestic employment within the borders of the industrialized investing nations.

scholarly journals MEDIUM-TERM DETERMINANTS OF INTERNATIONAL INVESTMENT POSITIONS: THE ROLE OF STRUCTURAL POLICIES

2012 ◽  
Vol 03 (02) ◽  
pp. 1250012 ◽  
Author(s):  
DAVIDE FURCERI ◽  
STÉPHANIE GUICHARD ◽  
ELENA RUSTICELLI
Keyword(s):  
Emerging Economies ◽  
Capital Flows ◽  
Empirical Investigation ◽  
Foreign Capital ◽  
International Investment ◽  
International Capital ◽  
Structural Policy ◽  
Medium Term ◽  
Regression Techniques

This paper provides an empirical investigation of the medium-term determinants of international investment positions for a large sample of advanced and emerging economies. In addition to the usually considered drivers of foreign assets and liabilities, the analysis focuses on the role of structural policy indicators. Using cross-section and panel regression techniques the results suggest that structural policy settings are important medium-term drivers of capital flows, having a relatively large impact on gross and net foreign capital positions and on their composition. In particular, the results suggest that certain kinds of structural policy reform could help to narrow global imbalances, and to modify the composition of international capital flows towards more stable and productive sources.

scholarly journals Is Poland Still Attractive for Foreign Investments?

e-Finanse ◽  
2015 ◽  
Vol 11 (2) ◽  
pp. 10-17
Author(s):  
Magdalena Jasiniak
Keyword(s):  
European Union ◽  
Foreign Investment ◽  
Capital Flows ◽  
Foreign Capital ◽  
Economic Transition ◽  
The European Union ◽  
Foreign Investments ◽  
Foreign Capital Flows ◽  
Preliminary Study ◽  
Polish Economy

Abstract Since the economic transition Poland has faced many changes. Accession to the European Union improved the Polish economy and made it more attractive for foreign investments. Since 2004 Poland has been one of the major destinations of FDI in East and Central Europe Countries. Also during the global economic crisis Poland was a good location for foreign capital. The main aim of this article is an attempt to assess whether Poland is still attractive for the location of foreign direct investment. This article is a preliminary study. It is based on statistical analysis describing changes in foreign capital flows in Poland and its position in relation to other European Union countries. Results show that the position of Poland on the map of foreign investment has dramatically changed.

Conclusion

2021 ◽  
pp. 199-206
Author(s):  
Nicolás M. Perrone
Keyword(s):  
Foreign Investment ◽  
Global Economy ◽  
International Investment ◽  
Local Communities ◽  
Foreign Investors ◽  
International Investment Law ◽  
Investment Law ◽  
Investment Treaties ◽  
The 1950S

The final chapter summarizes how investment treaties and ISDS increase the calculability of foreign investors to the detriment of states and local communities, shaping foreign investment relations more generally. This outcome is the result of the standards included in investment treaties, as interpreted by ISDS tribunals, as much as the silencing of specific issues and actors in these arbitrations. For the legal imagination that dominates international investment law, the chapter shows, what is excluded is as important as what is protected. The book concludes by highlighting how current discussions about reforming investment treaties and ISDS are also embedded in this dominant imaginary. The lesson to be learned from the norm entrepreneurs of the 1950s and 1960s is that ideas alone are not enough to transform the rules governing the global economy.

scholarly journals Guarantees of Legal Stability in the Strict Sense

2019 ◽  
pp. 5-48
Author(s):  
Federico Ortino
Keyword(s):  
Foreign Investment ◽  
International Investment ◽  
Strict Sense ◽  
Foreign Investments ◽  
Regulatory Changes ◽  
Investment Treaties

The aim of this chapter is to inquire whether, and if so, the extent to which, investment treaties contain guarantees of strict legal stability. More specifically, this chapter asks whether investment treaties contain provisions (a) guaranteeing that contractual undertakings vis-à-vis the foreign investment are respected (contractual stability in the strict sense); and/or (b) ensuring that adverse regulatory changes will not be applied to foreign investments (regulatory stability in the strict sense). First, the chapter finds that legal stability in the strict sense does represent one of the guarantees in international investment treaties, provided specifically through investment treaties’ umbrella clauses and stabilization clauses. Second, based on an examination of recent arbitral decisions, the role of legal stability within the FET standard remains at best ambiguous.

Digitalization Real Estate on American Real Estate Society 2018: A Dramatic and Irreversible Shift in Real Estate Systems

2019 ◽  
Vol 10 (5) ◽  
pp. 380-386
Author(s):  
Jan Veuger ◽  
Keyword(s):  
Real Estate ◽  
Capital Flows ◽  
Global Economy ◽  
Real Estate Market ◽  
Educational Models ◽  
Annual Congress ◽  
Real Estate Education ◽  
Demographic Effects

The 34th annual congress of April 10-14 this year took place in Bonita Springs (Florida) where the professionals in real-estate education and research discussed six themes: global economy and capital flows, real estate market cycles, demographic effects, future-proof real estate, disruption in technology and future educational models.

Harinder S. Kohli (ed.). Growth and Development in Emerging Market Economies: International Private Capital Flows, Financial Markets and Globalisation. New Delhi: Sage Publication 2008. 369 pages. Hardbound. Indian Rs 695.00.

2008 ◽  
Vol 47 (3) ◽  
pp. 304-305
Author(s):  
Henna Ahsan
Keyword(s):  
Capital Flows ◽  
Growth And Development ◽  
Global Economy ◽  
Emerging Market ◽  
Balance Sheet ◽  
Emerging Market Economies ◽  
New Delhi ◽  
Infrastructure Development ◽  
Market Economies ◽  
Emerging Market Countries

The book discusses the different experiences in Asia and Latin America, while covering the closely related areas under the purview of Emerging Market Economies (EMEs). The first chapter, “Introduction and Overview” has written by Harinder S. Kohli gives an excellent review of the existing literature on the subject. The book discusses six related topics which include nine papers presented at the Emerging Markets Forum Meeting held in Jakarta, Indonesia, in September 2006. The book highlights the main factors of growth and development in Emerging Market Economies (EMEs) now closely related with international capital flows, development of financial market, the countries’ ability to integrate successfully with the global economy through trade and investment and their ability to forge public-private partnerships including infrastructure development. Chapter 2, of the book is an article titled “Global Imbalances, Oil Revenues and Capital Flows to Emerging Market Countries” by Jack Boorman explains the favourable global environment and its impact on capital flows to Emerging Market Countries (EMCs). The EMCs got advantage from this benign global economic environment, such as high economic growth rate, increase in exports, better national balance sheet and increase in foreign exchange reserves, but due to high oil prices the situation has been changed.

China's International Investment Strategy

2019 ◽  
Keyword(s):  
Development Strategy ◽  
Foreign Investment ◽  
Developed Countries ◽  
Investment Strategy ◽  
International Investment ◽  
Bilateral Investment Treaties ◽  
Open Door Policy ◽  
Outward Fdi ◽  
Investment Law ◽  
Investment Treaties

The phenomenal story of China’s ‘unprecedented disposition to engage the international legal order’ has been primarily told and examined by political scientists and economists. Since China adopted its ‘open door’ policy in 1978, which altered its development strategy from self-sufficiency to active participation in the world market and aimed at attracting foreign investment to fuel its economic development, the underlying policy for mobilizing inward foreign direct investment (IFDI) remains unchanged to date. With the 1997 launch of the ‘Going Global’ policy, an outward focus regarding foreign investment has been added, to circumvent trade barriers and improve the competitiveness of Chinese firms, typically its state-owned enterprises (SOEs). In order to accommodate inward and outward FDI, China’s participation in the international investment regime has underpinned its efforts to join multi-lateral investment-related legal instruments and conclude international investment agreements (IIAs). China began by selectively concluding bilateral investment treaties (BITs) with developed countries (major capital exporting states to China at that time), signing its first BIT with Sweden in 1982. Despite being a latecomer, over time China’s experience and practice with the international investment regime have allowed it to evolve towards liberalizing its IIAs regime and balancing the duties and benefits associated with IIAs. The book spans a broad spectrum of China’s contemporary international investment law and policy: domestic foreign investment law and reforms, tax policy, bilateral investment treaties, free trade agreements, G20 initiatives, the ‘One Belt One Road’ initiative, international dispute resolution, and inter-regime coordination.

scholarly journals The Key Success Factors for Attracting Foreign Investment in the Post-Epidemic Era

Axioms ◽  
2021 ◽  
Vol 10 (3) ◽  
pp. 140
Author(s):  
Sun-Weng Huang ◽  
James J. H. Liou ◽  
Shih-Hsiung Cheng ◽  
William Tang ◽  
Jessica. C. Y. Ma ◽  
...  
Keyword(s):  
Foreign Investment ◽  
Global Economy ◽  
Success Factors ◽  
Neutrosophic Set ◽  
Investment Strategies ◽  
Key Factors ◽  
Expert Opinions ◽  
Fuzzy Delphi ◽  
Novel Approach ◽  
Epidemic Period

The global economy has been hit by the unexpected COVID-19 outbreak, and foreign investment has been seen as one of the most important tools to boost the economy. However, in the highly uncertain post-epidemic era, determining how to attract foreign investment is the key to revitalizing the economy. What are the important factors for governments to attract investment, and how to improve them? This will be an important decision in the post-epidemic era. Therefore, this study develops a novel decision-making model to explore the key factors in attracting foreign investment. The model first uses fuzzy Delphi to explore the key factors of attracting foreign investment in the post-epidemic era, and then uses DEMATEL to construct the causal relationships among these factors. To overcome the uncertainty of various information sources and inconsistent messages from decision-makers, this study combined neutrosophic set theory to conduct quantitative analysis. The results of the study show that the model is suitable for analyzing the key factors of investment attraction in the post-epidemic period. Based on the results of the study, we also propose strategies that will help the relevant policy-making departments to understand the root causes of the problem and to formulate appropriate investment strategies in advance. In addition, the model is also used for comparative analysis, which reveals that this novel approach can integrate more incomplete information and present expert opinions in a more objective way.

Human Capital and International Capital Flows: Evidence from China

2021 ◽  
pp. 016001762198942
Author(s):  
Zhenshan Yang ◽  
Yinghao Pan ◽  
Dongqi Sun ◽  
Li Ma
Keyword(s):  
Human Capital ◽  
Capital Flows ◽  
Global Economy ◽  
Global Market ◽  
International Capital Flows ◽  
International Capital ◽  
Outward Fdi ◽  
Local Economies ◽  
Vector Autoregressive ◽  
External Resources

The pattern of international capital flows has changed dramatically in the process of globalization. In this study, we argue that human capital (HC) facilitates a region’s reversal from being a net recipient of external resources to being an active contributor in the global market. Using a panel vector autoregressive regression method, we examine the relationships among regional HC, foreign direct investment (FDI), and outward FDI during 2004–2015 in China. Our results show that HC plays a key role in both attracting FDI and generating outward FDI. The findings contribute to research on the dynamic capacity building of regions participating in the global economy, especially strengthening HC for local economies participating in the global economy as either investment recipients or contributors.

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