Search results for "Foreign Direct Investment"
showing 10 items of 121 documents
A Problem of Optimization in a Case of Foreign Investment
2000
The aim of the paper is to solve an optimization problem in an economic system with a central bank and a set of private agents. Each agent aims to maximize her expected utility, with rational expectations and being risk averse. The agents follow a profitability-risk criterium to face the portfolio diversification problem between foreign or domestic investment. An explicit formula for the optimal amount of foreign investment as a function of the expected exchange rate and an explicit formula for the exchange rate are obtained. These formulas show the hard influence of the expected exchange rate, the variance and the risk aversion on the agents’ decisions.
ICT Diffusion and Foreign Direct Investment
2011
This chapter investigates the impact of inward and outward FDI on ICT diffusion in the Asia-Pacific and Middle East regions for the period 1996-2008. The results indicate that while inward FDI has generally had a positive and significant impact on ICT diffusion in Asia-Pacific economies, its impact on the Middle Eastern countries has been detrimental. In contrast, the results of this study also show that outward FDI has had, in general, the inverse effect, it has been in general positive and significant for the Middle East countries but insignificant for Asia-Pacific economies.
La suspensión de la libre circulación de inversiones extranjeras en España por la crisis del COVID-19
2020
La libre circulación de inversiones es uno de los mantras que ha caracterizado la modernidad económica. El principio, sin embargo, se encuentra sometido a creciente prevención, en el marco de una visión crítica hacia la globalización en un mundo en pleno reajuste geoestratégico. Una de las manifestaciones de esta tendencia reciente de empoderamiento del Estado se refleja en la articulación de mecanismos de control de las inversiones foráneas que le permitan evitar que sectores claves de la economía nacional caigan en manos de inversores extranjeros, en muchas ocasiones, controlados por Estados competidores. A diferencia de lo que ocurre con los países de nuestro entorno, España había sido i…
A more targeted approach to foreign direct investment: the establishment of screening systems on national security grounds
2018
The process of liberalization of international trade and of Foreign Direct Investment (FDI) has constituted a broadly accepted trend during the last few decades and FDI inflows have expanded constantly since the end of the 1980’s. However, signs of a certain crisis of the positive and one-way attitude towards international trade and FDI exist nowadays. The increase in the flux of FDI coming from developing and emerging countries to developed economies, the sudden relevance of foreign sovereign investors, the changing environment for national security or the quest to protect technologies and sectors of the economy considered vital for the host country, its sovereignty and competitiveness are…
Outward Foreign Direct Investment by Chinese National Oil Companies
2015
Developed countries have become increasingly suspicious about the rapid growth of Chinese investments in their home countries and abroad, commonly citing potential threats to national security and global governance as the main sources of anxieties. As a result, policy measures in some developed markets have been put in place to create additional regulation and oversight, specifically in highly regulated and strategic industries, such as the oil sector. This article refutes a number of popular myths about Chinese investments in the global oil industry, and suggests a more rigorous dialogue with the Chinese authorities relating to their integration into international institutions.
Nodokļu konvenciju un uzņēmumu peļņas repatriācijas uz investora valsti aplikšanas ar nodokļiem ietekme uz ārvalstu tiešajām investīcijām Latvijā.
2022
Latvijai ir salīdzinoši plašs nodokļu konvenciju tīkls, un šo konvenciju slēgšana pamatā tiek slēgta ar mērķi novērst nodokļu dubultās uzlikšanu, tādējādi arī veicinot ārvalstu tiešās investīcijas Latvijā. Taču līdz šim Latvijā jautājums par to, vai nodokļu konvencijas veicina ārvalstu tiešās investīcijas Latvijā, nav plaši pētīts. Autors šajā darbā pētīja sakarību starp nodokļu konvencijas esamības faktu (ņemot vērā dažādas attiecīgo konvenciju īpašības) un ārvalstu tiešajām investīcijām Latvijā. Tāpat tika apskatīta atsevišķu nodokļu faktoru ietekme uz ārvalstu investīcijām Latvijā. Darbā, izmantojot paneļa datu modeli, analizēta informācija par ārvalstu tiešajām investīcijām uz Latviju n…
Asymmetric Demand Information and Foreign Direct Investment
2007
We examine the FDI versus exports decision of firms competing in an oligopolistic (quantitysetting) market under demand uncertainty and asymmetric information. Compared to a firm that chooses to export, a firm that chooses to set up a plant in the host market has superior information about local market demand. In addition to the well-known tension between the fixed set-up costs of investment, the additional variable costs of exports and oligopoly sizes, the incentive to invest abroad is explained by the strategic learning effect. FDI may be observed even if trade costs are zero. The analysis is robust to price competition and to the possibility that a foreign firm can engage in both FDI and…
An overestimated relationship? Violent political unrest and tourism foreign direct investment in the Middle East
2010
Although the tourism industry is increasingly globalising, empirical research on the accompanying foreign direct investment (FDI) is surprisingly lacking. Furthermore, the nexus of political risk, violent political unrest and tourism FDI has been relatively neglected. Using Egypt as a heuristic case study and adopting a qualitative methodology, this paper explores the question of how political risk and violent political unrest influence tourism FDI. Surprisingly, the results are not able to corroborate a clear relationship between the two. In contrast, these results indicate that the role of stability and security for tourism FDI in developing countries has largely been overestimated in the…
Book Review: EU Foreign Investment Law, written by Angelos Dimopoulos
2014
El Control de las Inversiones Extranjeras Directas (Control of Foreign Direct Investment (Table of Contents))
2018
Spanish Abstract: Las tres ultimas decadas han sido testigo de un crecimiento constante de la inversion extranjera. La situacion, sin embargo, parece que comienza a cambiar. La crisis economica de los ultimos anos y el acelerado proceso de liberalizacion de las economias que ha conducido a la privatizacion de grandes y relevantes sectores de estas, unido a la aparicion de novedosos actores economicos, y a los cambios geoestrategicos vinculados a la consolidacion de nuevas potencias economicas, han puesto a la defensiva a ciertas economias desarrolladas. Un numero creciente de paises observan con preocupacion como importantes sectores de su economia, infraestructuras y tecnologias criticas o…