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The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and...
Persistent link: https://www.econbiz.de/10014395944
than would be suggested by official balance of payments statistics. This paper identifies the determinants of FDI …
Persistent link: https://www.econbiz.de/10014399589
The substantial increase in foreign direct investment (FDI) in recent years has triggered a discussion of a uniform …
Persistent link: https://www.econbiz.de/10014399606
This paper examines how capital controls affect FDI decisions and how the impact of these restrictive measures varies … with different levels of country risk. We construct a model of firms'' FDI decisions, broadly in Dunning''s ""eclectic … life-span of FDI investments at each level of country risk and foreign investors'' willingness towards risk sharing …
Persistent link: https://www.econbiz.de/10014399843
Recent studies have highlighted the adverse impact of corruption on economic performance. This paper advances the hypothesis that corruption is largely a symptom of underlying weaknesses in public policies and institutions, a formulation that provides deeper insights into economic performance...
Persistent link: https://www.econbiz.de/10014399961
development: (i) that economic takeoff is associated with technological transfer through foreign direct investment (FDI); and (ii …) that takeoff is accompanied, at least in the short term, by widening income inequality. The results indicate that FDI flows … have increased the rate of convergence in per capita incomes across China’s provinces. However, the pattern of FDI, which …
Persistent link: https://www.econbiz.de/10014399962
Africa lags behind other regions in attracting foreign direct investment (FDI). In some circumstances, there are … obvious explanations for the absence of FDI, such as a high incidence of war. In this paper, we examine the role that monetary …
Persistent link: https://www.econbiz.de/10014400064
of volumes and composition. China''s inflows have generally been dominated by foreign direct investment (FDI), a pattern … attributable to non-FDI capital inflows, rather than current account surpluses or FDI …
Persistent link: https://www.econbiz.de/10014400068
This paper examines different explanations-initial conditions, openness to trade and FDI, and institutions-of the … Mauritian growth experience since the mid-1970s. We show that arguments based on openness to trade and FDI are either misleading …
Persistent link: https://www.econbiz.de/10014400114
What role does China play in Africa''s development? What drives China''s increasing economic involvement in the continent? This paper attempts to provide a quantified assessment of China''s multifaceted influence as market, donor, financer and investor, and contractor and builder. Though in the...
Persistent link: https://www.econbiz.de/10014400123