Prioritizing public investments requires information on relative returns that are difficult to derive from disparate evaluation studies. This paper presents a 'hybrid' approach that combines ex post evaluation data with an economy-wide model for experimenting ex ante with alternative investment...

Methodologically, the recommended investment project (IP) selection system is distinguished from one in force by: new conception allowing for time factor; evaluating IP efficiency by eventual reproduction results, not by intermediate investment activity results (included is a generalized...

Urban regeneration, which fundamental purposes are connected with sustainable city development, is the problem of the research. The necessity of city redevelopment is unquestionable, however, there are limited financial capabilities and several stakeholders in the process representing different...

A new indicator of profitableness (DIRR) of the investor and recipient of the investment project is proposed, which is a generalization and development of the concept of internal rate of return (IRR). It is formed in the form of the sum of the cost of the participant's capital and the project's...

A company's investment program is drawn up with specific reference, using a joint analysis of marginal cost of capital (MCC) and investment opportunity schedule (IOS) curves. It is suggested to apply the modified internal rate of return (MIRR) indicator instead of the internal rate of return...

This paper examines the causes and consequences of cross-border acquisitions in a transition economy using the 1998-2006 deal data for targeted Chinese and Indian firms and foreign acquirers. Our empirical analysis resulted in three important findings. First, firms with high cash reserve ratio...

Recent reforms in Myanmar have already shown some positive impacts on the manufacturing sector, which must play a key role in the industrial transformation, including increased investment flows domestically and internationally and the development of fundamental infrastructure for the sector....

This paper explores the regional economic impact of mineral resource endowment and offers specific inputs to the debate on the local content requirement (LCR) policy, gaining urgency in modern economic and political environment. Focusing on the experience of the Eastern Siberia the paper...

The author examines the role of workforce development - in the form of skills upgrading and training - in integrating and embedding foreign direct investment (FDI) in the economy of Wales. He finds that by far the most important deciding factor in choosing Wales as an investment location is the...

The World Bank's Ease of Doing Business reports have been ranking countries since 2006. However, do improvements in rankings generate greater foreign direct investment inflows? This study is the first to test such a proposition empirically with Arellano-Bond dynamic panel estimators using the...