Showing 1 - 10 of 12
Many countries spend significant resources on investment promotion agencies in the hope of attracting inflows of foreign direct investment. Despite the importance of this question for public policy choices, little is known about the effectiveness of investment promotion efforts. This study uses...
Persistent link: https://www.econbiz.de/10012747622
This paper discusses the results of a survey of multinational corporations with affiliates in developing countries. The … interviews with 754 executives, the survey finds that political stability and a business-friendly regulatory environment are the … predictable, transparent, and efficient conduct of public agencies. The survey results also show that investors are heterogeneous …
Persistent link: https://www.econbiz.de/10012923417
The acceleration of natural resource discoveries across many parts of the developing world has highlighted the urgent need for solutions to the mismanagement of windfalls that has blighted many countries over the past half-century. One proposal involves distributing annually a share of resource...
Persistent link: https://www.econbiz.de/10012969966
This paper examines whether domestic output growth helps attract capital inflows and, in turn, capital inflows help boost output growth in a set of 38 Sub-Saharan African countries. Using a two-step approach to address reverse causality and omitted variable issues, the paper finds that output...
Persistent link: https://www.econbiz.de/10012971630
. A series of novel proxies are drawn from the Enterprise Survey database of the World Bank-IFC and tested against …
Persistent link: https://www.econbiz.de/10012972016
Are jobs created by foreign investors good jobs? The evidence reviewed in this article is consistent with the view that jobs created by FDI are good jobs, both from the worker's and the country's perspective. From the worker's perspective, this is because such jobs are likely to pay higher wages...
Persistent link: https://www.econbiz.de/10012973070
This paper investigates the factors associated with foreign direct investment "surges" and "stops," defined as sharp increases and decreases, respectively, of gross foreign direct investment inflows to the developing world and differentiated based on whether these events are led by waves in...
Persistent link: https://www.econbiz.de/10012973525
Like many other developing countries, South Asian nations have been experiencing increased foreign direct investment inflows over the past decade as developing countries get a larger share of cross-border investments that were once sent to developed countries. Nonetheless, South Asia's inflows...
Persistent link: https://www.econbiz.de/10012973794
Using a cross-section of more than 25,000 domestic manufacturing firms in 78 low and middle-income countries from the World Bank's Enterprise Surveys, this paper assesses how mediating factors influence intra-industry productivity spillovers to domestic firms from foreign direct investment. It...
Persistent link: https://www.econbiz.de/10012974831
This paper uses a large cross-country dataset to empirically examine factors associated with sovereign defaults on external private creditors and expropriation of foreign direct investments in developing countries since the 1970s. In the long run, sovereign defaults and expropriations are likely...
Persistent link: https://www.econbiz.de/10012974931