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This paper summarizes the theory and empirical evidence on the determinants of foreign direct investment. These determinants include expected relative rates of return, risk diversification, market size, technological advantage, market failure, oligopolistic rivalry, liquidity, currency strength,...
Persistent link: https://www.econbiz.de/10014396385
. Articles also look at the expansion of world trade, explore the impact of globalization on jobs, taxation, and the poor, and …Assiduously tracking the trends and consequences of globalization, the IMF's quarterly magazine Finance & Development … focuses on financial globalization, including the policy implications of the huge growth in cross-border capital flows …
Persistent link: https://www.econbiz.de/10014404799
set up by treaty in 1945 to help promote the health of the world economy. Through its work, the IMF helps to keep the … world economy running as smoothly as possible. Its work is aimed partly at the prevention of economic and financial crises … countries' economic size, determine countries' voting power in the IMF and the limits to what they can borrow. The IMF and World …
Persistent link: https://www.econbiz.de/10014397381
Capital flows to the nonindustrial countries share three striking characteristics. First, the bulk, of these flows was in the form of debt, not equity; second, the loans were mostly to, or guaranteed by, debtor governments; and third, these debts were largely bank loans, not bonds. This paper...
Persistent link: https://www.econbiz.de/10014396446
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 developed countries. The empirical results support...
Persistent link: https://www.econbiz.de/10014401431
Persistent link: https://www.econbiz.de/10009504217
Increased globalization - the international integration of markets forgoods, technology, labor, and capital - has …
Persistent link: https://www.econbiz.de/10015058164
The global recovery continues. Although it is not yet complete, the more favorable conjuncture offers an opportunity to tackle key policy challenges to stave off medium-term downside risks, rebuild buffers, and raise potential output. Countries should undertake well-sequenced reforms to increase...
Persistent link: https://www.econbiz.de/10014408704
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, reserves, capital flows, and external balance sheets of the world's largest economies. The 2018 edition includes an analytical …
Persistent link: https://www.econbiz.de/10014408937