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AbstractThis study utilizes social exchange theory to argue that a more complete picture of the effects of China's FDI in Africa needs to include non-economic factors, especially institutional forces that incorporate macro political considerations. We propose that economic dependencies created by China's FDI in Africa are reciprocated by votes in international organizations, and thus, we hypothesize and test that increasing China's FDI in African nations leads to increased political alignment in international affairs with those African nations. The proposed relationship, however, will be weakened for African countries with stronger governance mechanisms. Using data for China's FDI in African countries from 2001–2019, we find support for our hypotheses. We find that China's economic engagement in Africa has resulted in increased political alignment on international issues evidenced by votes in United Nations organizations raising the possibility Africa's most attractive resource may not be economic, but rather political. This, however, poses the question of whether votes are a 'resource' that can be traded for economic purposes.

The goal of this paper is to study the effects of foreign direct investment (FDI) on the economic growth of ten new member states (NMS) from Central and Eastern Europe (CEE), which joined the European Union (EU) in 2004 and 2007 – the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia, Slovenia, Bulgaria and Romania. Croatia is excluded from the analysis since it became a EU member relatively late - in 2013. A vector autoregression (VAR) of annual data for the period 2007-2019 is employed. The empirical results indicate that FDI does not affect the real GDP growth rate of the NMS from CEE. The research results also show that FDI Granger-causes the economic growth of the NMS from CEE neither in the short run nor in the long term.

The relationships between foreign direct investment (FDI), trade openness, and economic growth are complex and analyzed by many researchers. Still, there are some gaps in our knowledge as literature documents positive, negative, and ambiguous impact of FDI and trade openness on economic growth. This paper addresses one of these gaps and focuses on the similarities and differences among countries from Central and Eastern Europe and West Africa. The econometric analysis covers the 1995-2022 period and employs panel data methods to reveal the long-term positive impact of FDI and trade openness on economic growth in West African countries and long-term positive impact of FDI on economic growth in Central and Eastern European countries. We also demonstrate that apart from cross-border linkages captured by FDI and trade flows, economic growth in Central and Eastern European countries positively correlates with global economic development, however, in case of West Africa this effect is statistically insignificant.

The intensification of capital flows is an important characteristic of globalization. Attracting foreign direct investment is a viable way of ensuring the external financing of developing countries. Foreign direct investment flows, in turn, are determined by the decisions of multinational enterprises. One important determinant of investment decisions is the political environment of potential host countries. Political risks like expropriations, riots, revolutions or civil wars are important obstacles for investment. This book empirically analyzes the impact of political risks on foreign direct investment flows to Latin American countries. A case study of Mexico and its policy towards foreign investors offers further empirical evidence for the importance of the political environment for investment decisions of multinationals.

The intensification of capital flows is an important characteristic of globalization. Attracting foreign direct investment is a viable way of ensuring the external financing of developing countries. Foreign direct investment flows, in turn, are determined by the decisions of multinational enterprises. One important determinant of investment decisions is the political environment of potential host countries. Political risks like expropriations, riots, revolutions or civil wars are important obstacles for investment. This book empirically analyzes the impact of political risks on foreign direct investment flows to Latin American countries. A case study of Mexico and its policy towards foreign investors offers further empirical evidence for the importance of the political environment for investment decisions of multinationals.

In the FDI world, the year 2014 was characterized by policy discussions, especially about the nature of the international investment regime, its investor-state dispute-settlement mechanism and the question of rules for state-owned enterprises. This discussion took place against the backdrop of a decline in world FDI flows by MNEs and the growing attractiveness of emerging markets as host countries and the further rise of outward FDI from these countries. This report, Karl P. Sauvant, AIM Investment Report 2015: Trends and Policy Challenges, prepared for the Annual Investment Meeting in Dubai, 30 March-1 April 2015, looks at these issues.

This paper examines the impact of foreign direct investment on the important component of social development, women's entrepreneurship. Promoting gender equality is one of the United Nations Millennium Development Goals, which advocates for the reduction of women's unemployment as well as their empowerment. The country of Turkey was taken as an example, for the reason that there has been an increase in women's entrepreneurial activity in the last two decades, but it is still not at а level of entrepreneural development in developed countries. The paper pays special attention to the answer on the question of whether foreign direct investment contributes to higher employment of women in Turkey, as well as to identify the obstacles that stand in the way of women's empowerment and the development of women's entrepreneurship. The practical examples described in the paper unequivocally indicate the importance of the development of women's entrepreneurship, as well as the fact that the bearers of Turkey's economic policy in the future must pay more attention to the issue of attracting foreign direct investment. ; U radu se ispituje uticaj stranih direktnih investicija na važnu komponentu socijalnog razvoja, žensko preduzetništvo. Promovisanje rodne ravnopravnosti je jedan od Milenijumskih razvojnih cilјeva Ujedinjenih nacija koji zagovara smanjenje nezaposlenosti žena, kao i njihovo osnaživanje. Kao primer je uzeta Turska, iz razloga što je u njoj prisutan porast preduzetničke aktivnosti žena u poslednje dve decenije, ali i dalјe nije na nivou razvoja preduzetničke aktivnosti u razvijenim zemlјama. U radu je posebna pažnja posvećena pružanju odgovora na pitanje da li strane direktne investicije doprinose većoj zaposlenosti žena u Turskoj, kao i identifikovanju prepreka na putu osnaživanja žena i razvoja ženskog preduzetništva. Praktični primeri opisani u radu nedvosmisleno ukazuju na značaj razvoja ženskog preduzetništva, kao i na to da nosioci ekonomske politike u Turskoj u budućem periodu moraju veću pažnju posvetiti pitanju privlačenja stranih direktnih investicija.