Kinoshita, Yuko; Campos, Nauro F. - International Monetary Fund (IMF) - 2008
This paper investigates the role of structural reforms -financial reforms, trade liberalization, and privatization- as … determinants of FDI inflows based on newly constructed dataset on structural reforms for 19 Latin American and 25 Eastern European … countries between 1989 and 2004. Our main finding is a strong empirical relationship from reforms to FDI, in particular, from …