Showing 1 - 10 of 119
Indias growing economic strength in recent years has seen it adapting its foreign policy to increase its global influence and status and to meet the challenges of the 21st century. In the past few years, New Delhi has expanded its strategic vision, most noticeably in Asia, and has broadened the...
Persistent link: https://www.econbiz.de/10009365040
This paper investigates whether and how foreign aid facilitates foreign direct investment (FDI) flows into less developed countries. We employ a large data set of source-recipient country pairs and conduct gravity equation-type estimation. Our empirical methodology enables us to examine an...
Persistent link: https://www.econbiz.de/10009365267
With the growing internationalisation, the traditional old linkages between India and Africa are gradually emerging as … trade between India and Africa has almost doubled in last couple of years with rapid rise in Indian investments in the … context that India and Africa are also playing a key role at various global fora such as WTO. …
Persistent link: https://www.econbiz.de/10009363998
Recent theoretical and empirical literature suggests that foreign direct investment (FDI) exerted positive impact on economic growth through the process of technological diffusion. The literature also suggests that the development of the domestic financial system of the host country is an...
Persistent link: https://www.econbiz.de/10009363808
Recently, a dramatic accumulation in foreign exchange reserves has been widely observed in developing countries. This paper explores the possible long-run impacts of this trend on macroeconomic variables in developing countries. We analyze a simple open economy model where increased foreign...
Persistent link: https://www.econbiz.de/10009364008
In spite of being the second largest recipient of FDI in the world, China shows limited evidence of considerable FDI benefits on growth (Fan and Hu 2007; Luo 2007; Ran et al. 2007). Motivated by Alfaro et al.s (2003) model, this study tests whether poor financial market development might be responsible...
Persistent link: https://www.econbiz.de/10009365250
The economics-literature, drawing on endogenous growth theory, suggests that the level of financial sector development may influence foreign direct investment and its impact on the diffusion of technology in the host country, thereby increasing the rate of economic growth. Little attention,...
Persistent link: https://www.econbiz.de/10009365430
The literature has focused on motives to explain remittance behavior. But as nonanonymous transfers, remittances are apt to be influenced by giving norms as well. We formulate an empirical specification that takes account of remittance motives involving workerhousehold pairs. We find that...
Persistent link: https://www.econbiz.de/10009363363
The literature has focused on motives to explain remittance behavior. But as nonanonymous transfers, remittances are apt to be influenced by giving norms as well. We formulate an empirical specification that takes account of remittance motives involving workerhousehold pairs. We find that...
Persistent link: https://www.econbiz.de/10009363614
The importance of foreign remittances in the economy of Bangladesh is widely recognised and requires little reiteration. Along with the readymade garment (RMG) sector and non-farm activities in the agricultural sector, remittances have been identified as one of the three key factors that have...
Persistent link: https://www.econbiz.de/10009365331