This paper summarizes recent arguments/findings on two aspects of foreign direct investment (FDI): its correlation with … economic growth and its determinants. The first part focuses on recent literature regarding positive spillovers from FDI while … the second deals with the determinants of FDI. The paper finds that while substantial support exists for positive …

Gravity factors explain a large part of Foreign Direct Investment (FDI) inflows in Southeastern Europe-a region not … FDI for each country, and uses its deviation from actual levels to estimate what policies can realistically be expected to … achieve in terms of additional FDI. It also finds evidence that above a certain threshold, the importance of some policies for …

countries in Africa have achieved in attracting a substantial volume of FDI. Strong leadership, which has helped promote …

determinants of FDI inflows based on newly constructed dataset on structural reforms for 19 Latin American and 25 Eastern European … countries between 1989 and 2004. Our main finding is a strong empirical relationship from reforms to FDI, in particular, from …

endowments in explaining the locational choice of foreign investors. Using a unique panel data set for 25 transition economies …

Using a dataset which breaks down FDI flows into primary, secondary and tertiary sector investments and a GMM dynamic …/qualitative determinants of FDI in a sample of emerging market and developed economies. While FDI flows into the primary sector show little …

This paper examines the role financial markets play in the relationship between foreign direct investment (FDI) and … markets allow agents to take advantage of knowledge spillovers from FDI, magnifying the output effects of FDI. Empirically, we … show that well-developed financial markets allow significant gains from FDI, while FDI alone plays an ambiguous role in …