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Does official aid pave the road for private foreign investment or does it suffocate private initiative by diverting resources towards unproductive activities? In this paper we explore this question using data for a large number of developing and emerging economies. Controlling for countries'...
Persistent link: https://www.econbiz.de/10011397707
Global demarcations exist between development aid and foreign direct investment. Rigorous statistical analysis that contrasts the relative homogeneous and heterogeneous influences of time-series panel data allows regions in the developing world to define themselves endogenously. The results...
Persistent link: https://www.econbiz.de/10013090288
Recent data advances have opened exciting new avenues for analyzing the political economy of foreign aid. Recent papers have looked at the social, environmental or welfare implications of aid. This paper, however, combines geo-referenced data on foreign aid with a similarly coded dataset of FDI...
Persistent link: https://www.econbiz.de/10012895794
The notion that foreign aid and foreign direct investment (FDI) are complementary sources of capital is conventional among governments and international cooperation agencies. This paper argues that the notion is incomplete. Within the framework of an open economy Solow model we show that the...
Persistent link: https://www.econbiz.de/10012712758
Does official aid pave the road for private foreign investment or does it suffocate private initiative by diverting resources towards unproductive activities? In this paper we explore this question using data for a large number of developing and emerging economies. Controlling for countries'...
Persistent link: https://www.econbiz.de/10014075306
social indicators, such as GDP growth, labour market outcomes, and poverty and inequality, for the period since the fall of … productivity. Total FDI has had only limited effects on inequality and poverty, but FDI from Germany and Austria has been found to … reduce both inequality and poverty, likely because they have benefitted mainly lower-income persons. There are differences in …
Persistent link: https://www.econbiz.de/10013455863
This article reviews the impact of intellectual property (IP) protection on foreign direct investment (FDI) by multinational enterprises (MNEs) in developing countries. Applying different panel data techniques to a newly-created comprehensive FDI/IP dataset of 31 Swiss MNEs investing into 53...
Persistent link: https://www.econbiz.de/10013033949
This paper examines how the different forms of development finance for low-income countries are likely to be affected by the global financial crisis, principally through reductions in remittances, aid flows and FDI. It argues that the channels of transmission of the crisis for particular...
Persistent link: https://www.econbiz.de/10012444432
We investigate the impact of foreign direct investment (FDI) and trade, as two measures of globalization, on female labor force participation in a sample of 80 developing countries over the last decades. Contrary to the mainstream view in the literature, which is mainly based on country-case...
Persistent link: https://www.econbiz.de/10010358648
This paper provides a detailed survey of the literature on the impact of foreign direct investment (FDI) on poverty … done on the impact of FDI on poverty reduction, the majority of these studies have focused on the indirect impact of FDI on … poverty reduction. The bulk of the literature reviewed supports the positive effects of foreign direct investment on poverty …
Persistent link: https://www.econbiz.de/10011869953