There is increasing emphasis on the importance of efficient financial markets for sustained real investment and …''s investment decisions. The purpose of this paper is to model the impact of financial reforms on borrowing constraints faced by … firms and to test the impact of financial reforms on the investment decisions of firms in Turkey. To do so, the paper builds …

The substantial increase in foreign direct investment (FDI) in recent years has triggered a discussion of a uniform … treatment of investment in international law. Most contributions to the multilateral investment framework derive from the World … restrict their focus on investment to aspects related to international trade and often apply to selected sectors only. A …

inflows and domestic investment. However, this relationship has evolved over time. While growing financial integration with … domestic investment has weakened, reflecting changes in the composition of inflows, offsetting outflows, and increased foreign … direct investment, have tended to strengthen the relationship between foreign capital and domestic investment …

reducing the financing available for domestic investment. Panel data regressions suggest a positive, short-term relationship … between net capital inflows and investment during the period before 1997 in five Asian countries once real net capital flows … are netted out from real flows of private bank credit. In addition, net real private inflows and real private investment …

investment decisions. The theory presented explains why traditional banking predominates in the early stages of economic …

and investment high. It finds that the low cost of capital has been quantitatively an important factor. Theory predicts … China is to rebalance growth towards relying more on consumption and less on exports and investment, banking sector reforms …

Investment has grown rapidly in China in recent years, reaching more than 40 percent of GDP. Despite good progress on … bank and enterprise reforms, weaknesses remain that could contribute to inefficient investment decisions. Manufacturing …, infrastructure, and real estate have been the drivers of fixed asset investment. Econometric analysis presented in the paper suggests …

and analyzes the impact of uncertainty on domestic investment in the exportable and importable sectors, the political …

This paper investigates whether balance-sheet conditions of firms and their main banks matter for firm investment … facing liquidity constraints; these firms’ balance-sheet conditions (the debt asset ratios) affected their investment from …-sheet conditions constrained these firms’ investment from about 1993. These findings highlight the potential macroeconomic impact and …