This paper uses annual aggregate data for 36 low or middle income countries covering the period 1995-2001 to test the responsiveness of investment to the sources of finance under (un)favourable regimes for investment. Two sources of private investment finance are considered: private investment...

This paper investigates the effect of exchange rates on US foreign direct investment (FDI) flows to a sample of 16 emerging market countries using annual panel data for the period 1990-2002. Three separate exchange rate effects are considered: the value of the local currency (a cheaper currency...

This paper uses annual aggregate data for 36 low or middle income countries covering the period 1995-2001 to test the responsiveness of investment to the sources of finance under (un)favourable regimes for investment. Two sources of private investment finance are considered: private investment...

The paper investigates the impact of exchange rates on US foreign direct investment (FDI) inflows to a sample of 16 emerging market countries using panel data for the period 1990-2002. Three variables are utilized to capture separate exchange rate effects. The bilateral exchange rate to the US$...

This paper uses annual aggregate data for 46 developing countries covering the period 1996–2009 to investigate if FDI crowds out domestic private investment and if alternative elements of governance have differing effects on the relationship between FDI and private investment. Results suggest...

This paper aims to identify major medium-term challenges facing the Thai economy as a result of the Sub-prime financial crisis as well as the public policy reactions following the crisis before providing appropriate recommendations. Over the medium term, Thailand’s economic recovery may be...

The purpose of this papar is to draw the structure of Thailand financial system to help achieve a future sustainable growth. This paper is divided into two sections, namely Macro and Micro Analysis. In the first part,the results from panel data regressions suggest that economic growth is...

The notion that Asia will be the new economic growth center for the next decade has prompted Thailand to rethink her investment strategy. We explore investment dynamics in details using both macro and micro analysis in order to formalize appropriate investment policies for Thailand. Our findings...