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In the course of the economic and financial crisis, investment activity, which was not very strong to begin with, in Europe and especially the Eurozone caved in. In relation to gross domestic product, fixed capital formation declined by four percentage points since 2008. Already prior to the...
Persistent link: https://www.econbiz.de/10010369528
Im Zuge der Wirtschafts- und Finanzkrise ist die ohnehin nicht kräftige Investitionstätigkeit in Europa und insbesondere im Euroraum eingebrochen; in Relation zum Bruttoinlandsprodukt sind die Bruttoanlageinvestitionen seit 2008 um vier Prozentpunkte gesunken. Schon vor der Krise war in Teilen...
Persistent link: https://www.econbiz.de/10010369548
Developing countries require overall labor productivity to sustain their economic growth. Overall labor productivity, on the other hand, cannot be achieved without structural change. Because developing countries lack sufficient resources, foreign direct investment (FDI) is recommended for them...
Persistent link: https://www.econbiz.de/10014505477
The paper examines the effect of foreign direct investment (FDI) on the structural changes in Ethiopia using an ARDL model. The authors found both FDI and domestic investment to have a positive effect while trade openness and inflation to have a negative effect on structural change. However,...
Persistent link: https://www.econbiz.de/10014505740