Nasreen, Samia; Anwar, Sofia - In: International Journal of Economics and Business Research 7 (2014) 3, pp. 336-348
The objective of the present study is to examine the role of local financial markets in describing the relationship …, the full benefit of FDI is reaped only if local financial markets achieve a certain minimum level of development both in … the long-run and short-run. Developed financial markets allow efficient allocation of resources and enhance the absorptive …