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The idea of Australia establishing a sovereign wealth as a response to the challenges posed by the resource boom has attracted considerable interest. Some argue that a fund investing in foreign assets, as is done in Chile and Norway, could ease pressures on trade-exposed industries resulting...
Persistent link: https://www.econbiz.de/10010583594
This paper addresses how Governments of Ghana has made tremendous effort over the past decade at attracting sustainable Foreign Direct Investment (FDI) inflows to boost its Gross Domestic Product (GDP) and other economic indicators. It is noteworthy that Ghana is well endowed with rich natural...
Persistent link: https://www.econbiz.de/10010706108
Globalization as a social and economic process is present and operates worldwide. In countries where it has greater impact, benefits on that country are greater, while in countries where it has less impact, benefits are smaller. Globalization is present in all areas of social and economic life....
Persistent link: https://www.econbiz.de/10010706140
Using a panel dataset covering 139 countries over the 1970–2009 period, we empirically investigate the role of foreign direct investment on growth through diffusion of technology and innovation. Using an otherwise standard growth regression and regressions on productivity growth, we introduce...
Persistent link: https://www.econbiz.de/10010709327
In this study, the effects of trade openness and foreign direct investment on economic growth through the transfer of technology have been examined. To investigate this issue, we use a sample of 19 oil-rich countries over the time period 1991-2006.We estimate two models to investigate this...
Persistent link: https://www.econbiz.de/10010709595
This paper investigates the relationship between foreign aid (ODA), foreign direct investment (FDI), and their effect on domestic investment in five landlocked and emerging economies of Central Asia - Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan - for the period 1992–2009....
Persistent link: https://www.econbiz.de/10010709705
This paper aims to find out the relationship between inward FDI into China and China's economic development. According to the descriptive analysis of FDI data from 1980 till 2007, we firstly found that there is a sectoral and regional biased distribution with regard to the inward FDI into China;...
Persistent link: https://www.econbiz.de/10010712095
This paper uses panel data to examine the effect of foreign presence on firm level productivity in the Kenyan manufacturing industry employing "traditional" and "recent" methodologies both based on production function framework. A detailed comparative behaviour between foreign and local...
Persistent link: https://www.econbiz.de/10010712204
This paper focuses on the role of interregional technology spillovers in the process of industrial growth in Chinese regions in the period 1990-2005. Inflows of FDI increased rapidly from 1990 till 1998, slowing down thereafter. Domestic R&D investment accelerated after 1998. Regional industrial...
Persistent link: https://www.econbiz.de/10010712310
Since the last decade, governments in less-developed countries have increasingly viewed Foreign Direct Investment (FDI), as directed by the multinational enterprise (MNE), as a catalyst for economic growth and transformation. Indeed, the literature argues that FDI-assisted development occurs...
Persistent link: https://www.econbiz.de/10010712389