An important part of the Cuban government’s response to the crisis of the 1990s focused on opening the country to foreign resources in order to capture foreign exchange, which had reached minimal levels, in the shortest time possible. This economic opening was critical for reactivating the...

We look at privatization in a general equilibrium model of a small, tariff-distorted, open economy. There is a differentiated good produced by both private and public sector enterprises. A reduction in government production in order to cut losses from such production raises the returns to...

The paper empirically identifies the determinants of growth in foreign direct investment (FDI) in Pakistan over the period 1961–2003. Our main interest is to study how different variables or indicators reflecting the trade, fiscal, and financial sector liberalisation attract FDI in Pakistan....

The total volume of foreign direct investment (FDI) has increased immensely over the past decade and has become an important impetus behind the economic growth in developing countries. This paper examines the driving factors of FDI in Turkey. The data were collected through a survey of managers...

mediante una aproximación descriptiva a las inversiones provenientes de capitales extranjeros que hoy operan en China, el presente trabajo pretende ser un aporte para el conocimiento de uno de los tantos fenómenos que se desprenden de este nuevo posicionamiento internacional del gigante...

This study provides a candid, systematic, and critical review of recent evidence on this complex subject. Based on a review of the literature and some new empirical evidence, it finds that (1) in spite of an apparently strong theoretical presumption, it is difficult to detect a strong and robust...

This study examines the challenges and issues facing policymakers in highly dollarized economies. Focusing on Cambodia, which achieved almost complete dollarization during 1991-95, the authors review recent developments in the literature on dollarization and examine the costs and benefits of...

This report provides the details of the IMF's projections and estimates of Vietnam on the summary of the tax systems; gross domestic product by expenditure categories; sector and ownership at current prices; gross domestic product by sector at constant prices during 1996–2002; consumer price...