scholarly journals ATTRACTING FOREIGN DIRECT INVESTMENTS: THE CASE OF LATGALE REGION

Author(s):  
Sandra Ežmale

Recent theoretical and empirical studies show that foreign direct investment (FDI) is crucial for sustainable development of countries and regions. The various discussions among the regional development institutions in Latvia on the importance of improving the environment for successful attraction of foreign investments have been initiated, as well as new strategic initiatives are in the process of development. The aim of the paper is to analyse the latest trends of inward FDI flows in Latvia and Latgale region in the context of global FDI trends. To attain the aim, the global FDI trends, the inward FDI flows in Latvia and Latgale region, as well strategic framework of Latgale region for attracting FDI were analysed.

2018 ◽  
Vol 1 (1) ◽  
pp. p114
Author(s):  
Marwa Lazreg ◽  
Ezzeddine Zouari

Our goal in this paper is the study of the impact of FDI on poverty and sustainable development in the case of Tunisia and during the study period from 1985 to 2015. In addition, we use the test unit root of cointegration test, the model error correction of FMOLS and Granger causality. In the case of Tunisia, we find that all variables are integrated of order 1. Thus, we can use the cointegration test. Indeed, the result of the null hypothesis test of no cointegration was rejected at the 5% threshold, which explains the presence of a cointegration relationship between FDI, sustainable development and poverty. Finally, we present and interpreted the results of the estimated FMOLS model and Granger causality test to study the contribution of FDI to the poverty reduction and sustainable development in Tunisia. We find that the LIDE variable measuring foreign direct investment has a significant negative impact on the GINI index. We notice the LCO2 variable that measures the CO2 emissions has a negative and significant impact on poverty as measured by the poverty gap at $ 1.91. We prove that direct foreign investments have a significant negative impact on CO2 emissions. We find that the LIDE variable measuring foreign direct investment has a significant negative impact on the GINI index. We notice the LCO2 variable that measures the CO2 emissions has a negative and significant impact on poverty as measured by the poverty gap at $ 1.91. We prove that direct foreign investments have a significant negative impact on CO2 emissions. We found that the LIDE variable measuring foreign direct investment has a significant negative impact on the GINI index. We notice the LCO2 variable that measures the CO2 emissions has a negative and significant impact on poverty as measured by the poverty gap at $ 1.91. We prove that direct foreign investments have a significant negative impact on CO2 emissions.


2015 ◽  
Vol 60 (02) ◽  
pp. 1550011 ◽  
Author(s):  
CHOR FOON TANG ◽  
EU CHYE TAN

The objective of this study is to assess the roles of domestic direct investment, foreign direct investment and exports as catalysts of Malaysia's economic growth using cointegration and Granger causality test techniques. To address the dynamics in the growth relationships, the study also performs time-varying regression and variance decomposition analyses. It covers the quarterly sample period from 1991:Q1 to 2010:Q2. The econometric results suggest that all the three variables have a positive impact on economic growth and thus are catalytic to economic growth. However, the growth effect of domestic direct investment is more stable than that of the other two growth determinants. Contrary to earlier empirical studies, the variance decomposition analysis herein reveals that domestic direct investment is the most important determinant of growth in the long-run (L-R) compared to exports and foreign direct investment.


Author(s):  
Oleksii Valentynovych Lyulyov ◽  
Bogdan Andriiovych Moskalenko

Urgency of the research. Theoretical and empirical studies show that investment allocation has a perceptible impact on local economic development. Target setting. Taking into consideration reasonably low quantity of high-quality investments, countries all over the world are eager to incentive foreign direct investments inflows. Therefore, realistic country investment potential evaluation is vitally important for respective government institutions within their policies getting done. Actual scientific researches and issues analysis. The major issues of country investment potential evaluation, and investment market in general, were made by the following scientists and technicians: O. Fedonin, I. Riepina, O. Oleksiuk, S. Lieonov, B. Chub, Ie. Lapin, J. Dunning, A. Thompson., D. Kaufmann, M. De Melo, K. Berden, S. Sarno, P. Buckley, A. Fukumi and others. Uninvestigated parts of general matters defining. At the same time, insufficient scientific works cover approaches to assessing investment potential of Ukraine, based on latest research results of foreign scientists within current topic. Current socio-economic determinants of foreign direct investment need to be studied. The research objective is to identify key determinants of foreign direct investment inflow in the economy of Ukraine. The statement of basic materials. The article have considered determinants of foreign direct investment inflows, which are related to country socio-economic development and state institutions indicators. Conclusions. Studies of statistics of groups in transition economies have shown that the simultaneous adoption indicators of socio-economic development and quality of public institutions into the model of country investment potential evaluation allows to evaluate the elasticity of foreign direct investment to changes in each of the determinants.


2021 ◽  
Vol 2 (6) ◽  
pp. 1-13
Author(s):  
Haider Kadhim Mahdi ◽  
Abdulmahdi Raheem Hamza ◽  
Yousif Mousa Sabti

This study aims to demonstrate the role of foreign direct investment in achieving sustainable development in Iraq. The Iraqi Investment Law No. (13) for the year 2006 and the amendments attached to it for the years 2009 and 2015 serve as a legal cover to grant many privileges and tax exemptions to foreign investors in order to attract more of them into the country. As Iraq is a developing country, it is in dire need of foreign direct investment to advance its economic and service reality by financing development programs and plans. The need for direct foreign investments to be directed towards the productive sectors.


2021 ◽  
Vol 114 ◽  
pp. 01016
Author(s):  
Fatos Geci

Purpose: The purpose of studying this topic is because in Kosovo the foreign direct investment has been consistently considered as a key factor in the potential development of the country. Knowing that investments are one of the most important macroeconomic aggregates of a country. Undoubtedly, their study has great importance with a special emphasis on the development of countries such as Kosovo, where economic, social and political circumstances require the continued absorption of investments by other countries. In general, for the country's economy, it is important to know what impact foreign investments have on economic growth, the factors that influence the growth of these investments and the actions of policy makers to attract investors. Design/methodology/approach: The data mainly obtained from the World Bank have compared Foreign Investments with the countries of the region. We consider the information to be accurate. Findings: From the findings we have made we consider that the main obstacles to foreign direct investment in Kosovo are at a high level of corruption, and politics, where we have disclosed several years of small investments due to non-approval of laws in the Assembly of Kosovo. Originality/value: The findings from this study can contribute to the improvement of policies, so that Kosovo as a transition country needs a lot of foreign direct investment that will change the economic conditions of the citizens.


2015 ◽  
Vol 95 (1) ◽  
pp. 19-30
Author(s):  
Bojan Vracarevic ◽  
Miomir Jovanovic

Foreign direct investments are an important factor for economic growth in Serbia. Most of the foreign direct investment in the period 2001 to 2012 was in the Belgrade region and, to a lesser extent, in Vojvodina. This spatially concentrated distribution caused an increase in regional disparity in Serbia. The connection between foreign direct investment and regional disparities can in part be explained by the current stage of economic development. However, in the case of Serbia, one of the main reasons was the lack of a clearly defined policy to attract foreign direct investments, the collateral damage being the increase in regional disparities.


2015 ◽  
pp. 151-156
Author(s):  
A. Koval

The improving investment climate objective requires a comprehensive approach to the regulatory framework enhancement. Policy Framework for Investment (PFI) is a significant OECD’s investment tool which makes possible to identify the key obstacles to the inflow foreign direct investment and to determine the main measures to overcome them. Using PFI by Russian authorities would allow a systematic monitoring of the national investment policy and also take steps to improve the effectiveness of sustainable development promotion regulations.


2021 ◽  
Vol 14 (3) ◽  
pp. 90
Author(s):  
Malsha Mayoshi Rathnayaka Mudiyanselage ◽  
Gheorghe Epuran ◽  
Bianca Tescașiu

In this increasingly globalized era, foreign direct investments are considered to be one of the most important sources of external financing for all countries. This paper investigates the causal relationship between trade openness and foreign direct investment (FDI) inflows in Romania during the period 1997–2019. Throughout this study, Trade Openness is the main independent variable, and Gross Domestic Product (GDP), Real Effective Exchange Rate (EXR), Inflation (INF), and Education (EDU) act as control variables for investigating the relationships between trade openness (TOP) and FDI inflow in Romania. The Auto Regressive Distributed Lag (ARDL) Bounds test procedure was adopted to achieve the above-mentioned objective. Trade openness has negative and statistically significant long-run and short-run relationships with FDI inflows in Romania throughout the period. Trade openness negatively affects the FDI inflow, which suggest that the higher the level of openness is, the less likely it is that FDI will be attracted in the long run. The result of the Granger causality test indicated that Romania has a unidirectional relationship between trade openness and FDI. It also showed that the direction of causality ran from FDI to trade openness.


Author(s):  
Victoria Igorevna Vlezkova ◽  
◽  
Roman Olegovich Soglaev ◽  

The article is devoted to the analysis of foreign direct investment flows into the economy of the Russian Federation. The authors consider the dynamics, structure, features of activities and the main barriers to attracting foreign direct investment in the economy of the Russian Federation


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