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Trade has been recognized in the 2030 development Agenda as well as in the Addis Ababa Agenda for Action as an important means for the implementation of the Sustainable Development Goals (SDGs). This paper questions whether trade openness could be an important driver of financing for development...
Persistent link: https://www.econbiz.de/10011619399
This paper examines whether foreign aid contributes to attracting foreign direct investment (FDI) in aid receiving countries. Using both homogeneous and heterogeneous panel cointegration techniques, I find that the effect of foreign aid on FDI is negative. This is in contrast to previous studies...
Persistent link: https://www.econbiz.de/10010487263
approach to examine this relationship in both the short run and the long run. The results showed that increases in total debt … corporate debt are in line with the outcome of total debt. Interestingly, in the short run, increases in domestic debt helped … attract FDI inflows, but in the long run, its undesirable impact became evident. External debt also negatively impacted FDI …
Persistent link: https://www.econbiz.de/10014439453
Qualitative case studies suggest that the outcomes of tax treaty negotiations are determined by power politics and negotiating capability. In contrast, quantitative studies have tended to depart from a model that implies absolute gains, full rationality, and perfect information on the part of...
Persistent link: https://www.econbiz.de/10011653714
Using country level panel data over the period 1970-2011, this paper evaluates the direct as well as indirect impact of three types of financial flows (foreign direct investment, remittances and official development aid) on the per capita income of a group of low and middle income countries. The...
Persistent link: https://www.econbiz.de/10013045496
Illicit financial flows (IFFs) constitute a major challenge for development in the Global South, as domestic resource mobilization is imperative for providing crucial public services. While several methods offer to measure the extent of IFFs, each has its benefits and drawbacks. Critically,...
Persistent link: https://www.econbiz.de/10012405621
I propose to use tax incentives to attract foreign direct investments (FDI) to developing countries to promote growth, and explain what practical and conceptual changes in the tax systems of developing as well as developed countries (introducing a notion of inter-nation equity) should be made to...
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