Suchergebnisse

The objectives of this article are to revisit the critical role that foreign aid presently plays in the economic growth of the LDCs & examine the nature of its utilization in those countries that heavily rely on foreign aid. Other sources of economic growth such as capital (physical & human capital), raw labor, technological changes, & the degree of political & civil liberties will also be considered. Using average cross-sectional data for eighty countries, 1971-1990, the study shows that foreign aid has a statistically positive effect on economic growth in developing countries. Lack of political & civil liberties is found to have a negative, but statistically marginal impact on economic growth. A policy implication that may be drawn from the study is that foreign capital inflow can have a beneficial effect by supplementing domestic savings rather than replacing them. 3 Tables, 55 References. Adapted from the source document.

ABSTRACTThis paper uses stochastic frontier methodology to analyse foreign direct investment, imported capital goods and human capital as channels for increased efficiency in less‐developed countries. Empirical investigation reveals that developing countries differ with respect to the efficiency with which they use frontier technology. Foreign direct investment and human capital play a significant and quantitatively important role in explaining these differences.

Cover -- Half Title -- About the Book and Editors -- Title -- Copyright -- Contents -- Foreword -- Acknowledgments -- Introduction -- PART 1 INTERNAL ASPECTS -- General Approach -- 1 Factors of Interregional and Regional Co-operation -- 2 Organizational Infrastructure for Self-Reliance: The Non-Aligned Countries and the Group of 77 -- 3 The Non-Aligned Movement: Its Economic Organization and NIEO Perspectives -- 4 Regional Co-operation Among Developing Countries: The Operational Modality of ECDC -- Sectoral Approach -- 5 Trade Among Developing Countries: Trends, Patterns and Prospects -- 6 Co-operative Monetary Action: A Few Suggestions for the Developing Countries -- 7 Monetary and Payments Agreements Among Developing Countries -- 8 The Role of Developing Countries' Multinational Companies -- 9 Multinational Companies of Developing Countries: The Issue of Correct Policies -- 10 Multinational Joint Venture Companies of Developing Countries as Instruments of Economic Integration for Development: Arab Countries' Experience -- 11 Strategy and Potentials for Establishing Multinational Enterprises of Developing Countries -- 12 ECDC/TCDC in the Field of Agriculture -- 13 Southeast Asian Experience in Industrial Joint Ventures -- 14 Sectoral Industrial Planning in the Andean Group -- 15 ECDC/TCDC and Communication Development -- 16 Information and Communication: ECDC/TCDC Implications -- PART 2 EXTERNAL ASPECTS -- 17 North-South and South-South: The North and ECDC -- 18 The Role of Transnational Corporations: Implications for Economic and Technical Co-operation Among Developing Countries -- 19 Transnational Corporations and Technical Cooperation Among Developing Countries -- 20 ECDC/TCDC: The Role of Telematics -- 21 Technology Transfer Between Developing Countries and Eastern Europe: Mechanisms, Obstacles and Prospects.

The message is by now clear: our global economy must be fundamentally reoriented and redeployed in order to achieve the SDGs and the commitments of the Paris Climate Agreement. This requires action by all stakeholders, including non-financial and financial firms, debt and equity investors, government policymakers, and consumers. In terms of the amount of money required, it has been estimated that meeting the SDGs will require $5 to $7 trillion annually, with investment needs for developing countries amounting to roughly $3.3 to $4.5 trillion per year. While a big picture view of and strategic thinking regarding the entire economic ecosystem is necessary to generate such investments, this paper, produced in conjunction with the UN Inquiry into the Design of a Sustainable Financial System, focuses on the actual and potential role of one type of financial flow – FDI – in achieving the transition to a low-carbon, just and sustainable world and, more specifically, FDI flows into developing countries.

The North-South dichotomy is evident not only to political economists and foreign policy makers but to anyone who pays attention to the news. The gravity of the situation has become more pronounced since the admission, by the richer states, of a fiscal deficit problem and the possibility of a related global recession.

Abstract
This article seeks to identify partner country characteristics as potential explanatory factors for Germany's foreign policy actions in its bilateral relations with developing countries. From this starting point, two different types of foreign policy actions have been considered: Diplomatic cooperation and development cooperation. Firstly, a comprehensive panel data set has been assembled, containing a set of indicators capturing the socio-economic, demographic, geographic and political characteristics of 101 developing countries from the 2000–2017 period as well as Germany's foreign policy actions in these countries. Subsequently, a regression analysis was carried out to examine the impact of the country characteristics on Germany's bilateral foreign policy actions. The analysis has shown that dyad partner characteristics influence Germany's bilateral foreign policy behaviour with developing countries across both types of foreign policy actions. Based on the identified relationships, one can draw some informed inferences regarding Germany's foreign policy conduct with developing countries.

The economic growth rates have dramatically increased in developing economies, such as in Latin American, Asian, and Eastern European countries, following the financial liberalisation attempt, especially during the 1990s. Foreign direct investment (FDI) has become an increasingly important element for economic development and integration of developing countries and transition economies in this period with the world economy. The main purpose of this study is to develop an empirical framework to estimate the economic determinants of FDI inflows by employing a panel data set of 17 developing countries and transition economies for the period of 1989:01-2006:04. In our model there are seven explanatory economic variables. They are, respectively, the previous period FDI (the pull factor for new FDI), GDP growth (measures market size), Wage (unit labour costs), Trade Rate (measures the openness of countries), the real interest rates (measures macroeconomic policy), inflation rate (as country risk and macroeconomic policy), and domestic investment (Business Climate). Hence, throughout the paper, only the economic determinants (being separated and apart from the other studies in the literature) of FDI inflows to developing countries and transition economies are studied. It is found out that the previous period FDI which is directly related to the host countries' economic resources is important as an economic determinant. Besides, it is also understood that the main determinants of FDI inflows are the inflation rate, the interest rate, the growth rate, and the trade (openness) rate and FDI inflows give power to the economies of host countries.