Suchergebnisse

"This book analyses the most recent trends in Foreign Direct Investment from the major Asian economies to the EU, focusing on China and Japan's FDIs in the EU, and Poland in particular. The authors assert that, from a European perspective, there is a strong need for further Asian FDIs into EU nations, which will establish mutual benefits. This is the first book to explore the outflow of FDI from Asian nations to other countries, especially to EU member states, whereas the extant literature focuses on the inflow of FDI to Asian nations. The authors analyse a multidimensional range of issues, covering macroeconomics, finance, technology, and examine the governments, local authorities and institutions that support such investments. FDI has an instrumental role in the development of host countries. Large scale capital flow becomes a vehicle for providing foreign technology, knowledge, skills and other inputs for the integration with international marketing, production and distribution networks and for improving the economic competitiveness of firms and economic performance of the host country. The analysis in the book is presented using statistical and econometrical approaches, emphasizing a profound level of investigation, which will be particularly useful for graduate and PhD students of International Economics, Business and Trade"--

"Empirical studies of bilateral foreign direct investment (FDI) activity show substantial differences in specifications with little agreement on the set of covariates that are (or should be) included. We use Bayesian statistical techniques that allow one to select from a large set of candidates those variables most likely to be determinants of FDI activity. The variables with consistently high inclusion probabilities are traditional gravity variables, cultural distance factors, parent-country per capita GDP, relative labor endowments, and regional trade agreements. Variables with little support for inclusion are multilateral trade openness, host country business costs, host-country infrastructure (including credit markets), and host-country institutions. Of particular note, our results suggest that many covariates found significant by previous studies are not robust"--National Bureau of Economic Research web site

Much discussed and analyzed globalization is a multidimensional and complex process having today a significant magnitude as compared to the past, manifested through various forms of internationalization of production, foreign direct investment (FDI) flows, transnational corporations (TNCs), technology transfers, capital movements, migration flows, amplifying competition between investors and the connections between markets. The complexity phenomenon of globalization contributes to the diversification of opportunities for the development of national economies through effects in economic, political, social, technological, cultural sphere, intensifying the economic and financial relationship between economies and the interdependence between them. The purpose of the current attempt of research is to analyze the link between FDI and globalization, the paper focusing on FDI as one of the most powerful evidence of economic globalization.

This book recommends and examines the various approaches to incorporating an accurate measure of risk into the appraisal of an international investment. It considers the way in which decisions on international investment projects are taken and how they should be. It critiques and integrates existing theories, including the global capital asset pricing rule of financial theory, theories of strategy making and the real options approach, to show how risk should be incorporated into the present value formula and its various elements to produce a clear decision rule.

AbstractEmpirical studies of bilateral foreign direct investment (FDI) activity show substantial differences in specifications with little agreement on the set of included covariates. We use Bayesian statistical techniques that allow one to select from a large set of candidates those variables most likely to be determinants of FDI activity. The variables with consistently high inclusion probabilities include traditional gravity variables, cultural distance factors, relative labour endowments and trade agreements. There is little support for multilateral trade openness, most host‐country business costs, host‐country infrastructure and host‐country institutions. Our results suggest that many covariates found significant by previous studies are not robust.

The rise of outward foreign direct investment from ASEAN / Sineenat Sermcheep -- ASEAN's outward foreign direct investment / Aekapol Chongvilaivan and Jayant Menon -- The impact of the ASEAN Economic Community on outward FDI in ASEAN countries / Pitchaya Sirivunnabood -- Determinants of Singapore's outward FDI / Cassey Lee, Chew Ging Lee, and Michael Yeo -- Outward foreign direct investment from Malaysia / Tham Siew Yean, Teo Yen Nee, and Andrew Kam Jia Yi -- Indonesia's outward foreign direct investment / Maxensius Tri Sambodo -- Factors influencing Thailand's outward FDI / Kornkarun Cheewatrakoolpong and Panutat Satchachai -- Outward foreign direct investment, the case of Vietnam / Hoang Thi Thu -- Myanmar as a destination for OFDI, a new ASEAN foreign investment frontier / Jean-Pierre A. Verbiest and Tin Htoo Naing