In this paper, we examine the impact of institutional quality on foreign direct investment (FDI) and on the volatility of FDI. By utilizing data in a post Asian financial crisis context, we can examine whether the crisis has an immediate impact on retarding FDI. Based on our analysis of panel...

This paper presents empirical evidence that links private investment to rate of return differential, risk aversion, and several types of political and economic risk. Estimating private investment equation for a panel of 25 developing countries over 21 years yields the following results: (i)...

Based on a panel data analysis of 164 countries from 1996 to 2006, we examine the impact of institutional quality on foreign direct investment (FDI) levels and volatility. We find that good institutional quality matters to FDI. We provide evidence that institutional quality has a positive and...

Purpose – There is currently a debate between NGOs and academia on the effectiveness of training microcredit recipients. One side suggests that merely supplying credit will stimulate entrepreneurial business. The other side proposes that training microcredit recipients in business skills will...