The developed markets in the Asia-Pacific (as well as in the West) have seen unprecedented growth in the industry in just a few years. Though in general, Asia is clearly behind the advanced markets like the West and Japan, developed markets like Singapore, Australia, Hong Kong, New Zealand,...

Developed financial system is one of the important determinants of Foreign Direct Investment (FDI). The article analyzes the impact of financial system development on FDI with respect to BRIC countries for the period 1991 to 2010. Using the panel data analyses, fixed and random effect, our...