multinationals, notably the G20-OECD project on Base Erosion and Profit shifting (BEPS). The paper draws on the IMF's experience on …

This paper examines the behavior of business fixed investment in the United States in the 1980s. A background … discussion of the long-term behavior of the components of business fixed investment is provided, setting the context for the … empirical analysis. A standard neoclassical model of business fixed investment is specified and estimated, with output and the …

This paper demonstrates that instability associated with investment risk is critical in explaining the level of foreign … direct investment for the Middle East and North Africa (MENA) countries, which generally have higher investment risk than …

This paper summarizes the theory and empirical evidence on the determinants of foreign direct investment. These … explanations of foreign direct investment receive some empirical support, there is not sufficient favorable evidence on any one of …

Enhancing public and private investment, but also ensuring that this translates into higher growth and employment, have … long been key policy challenges in Arab countries. Reflecting an improvement in policies and global conditions, investment … differences across the region-investment has on average been somewhat weaker than in peer countries and less effective at …

This paper analyzes the effects of several policy and other macro-economic variables on the ratio of private investment … econometric evidence indicates that the rate of private investment is positively related to the real growth rate of GDP, public … sector investment, and to a lesser extent the level of per capita GDP, while it is negatively related to domestic inflation …

While there is a substantial body of literature on the effects of “debt overhang” on investment in heavily … of foreign debt acts as a disincentive to private investment in the specific case of the Philippines. The empirical … reduction (such as the one completed through the buyback operation in early 1990) would increase investment demand by something …