Labour Market Regulations and FDI Inflows in Developing Countries An Empirical Analysis

Author(s):  
vipin negi ◽  
Amit Kumar Bardhan
2018 ◽  
Vol 51 (11) ◽  
pp. 1111-1132 ◽  
Author(s):  
Pascal L. Ghazalian ◽  
Frederick Amponsem

Author(s):  
Mohsen Mehrara ◽  
Amin Haghnejad ◽  
Jalal Dehnavi ◽  
Fereshteh Jandaghi Meybodi

Using panel techniques, this paper estimates the causality among economic growth, exports, and Foreign Direct Investment (FDI) inflows for developing countries over the period of 1980 to 2008. The study indicates that; firstly, there is strong evidence of bidirectional causality between economic growth and FDI inflows. Secondly, the exports-led growth hypothesis is supported by the finding of unidirectional causality running from exports to economic growth in both the short-run and the long-run. Thirdly, export is not Granger caused by economic growth and FDI inflow in either the short run or the long run. On the basis of the obtained results, it is recommended that outward-oriented strategies and policies of attracting FDI be pursued by developing countries to achieve higher rates of economic growth. On the other hand, the countries can increase FDI inflows by stimulating their economic growth.


Author(s):  
Marina Dobrota ◽  
Nikola Zornić ◽  
Aleksandar Marković

Research Question: This paper investigates the trend and flow of foreign direct investments (FDI) in emerging markets, with the focus on FDI in Serbia in comparison with akin countries from the region. Motivation: FDI is an important factor of growth and prosperity in developing countries. It largely influences trade, productivity, and economic development of a receiving country. Based on UNCTAD’s World Investment Report of 2019, the share of global FDI in developing countries was 54 per cent, which was a record. Recently, Serbia has been recognized as one of the most popular destinations for FDI in Southeastern Europe. This motivated us to analyze the chances and possibilities of enlargement of FDI in Serbia, as well in other Balkan countries. Idea: The main idea of the paper is to analyze and estimate time series of FDI net inflows for Serbia. We strive to investigate whether FDI demonstrates the durable growth in the future period of time. Furthermore, we compare the state of Serbian FDI with the former Yugoslav countries, in search for disparities or similarities. Data: We observed the FDI net inflows that are measured in current US dollars, while the data were retrieved from the World Bank database. The earliest available time point is 1992, while the latest available year of observation is 2018. Tools: We estimated the FDI net flow time series using a list of suitable ARIMA models, and we have chosen the best model fit among them using AIC and BIC criteria. Findings: We have found that Serbia and North Macedonia show a mild growth in future investments. A significant percentage of the cumulative FDI inflows from EU companies have been invested precisely in Serbia, while in North Macedonia, fostering FDI has been promoted as one of the main instruments for employment and economic development. Oher Yugoslav countries tend to stagnate in the future period, which is in literature called a negative ‘Western Balkans’ effect on FDI. Contribution: Findings of the mild growth in FDI inflows in Serbia and North Macedonia contribute to the policy of attracting the FDI inflows in the countries of Southeastern Europe.


1990 ◽  
Vol 29 (2) ◽  
pp. 186-189
Author(s):  
Sohail J. Malik

In the period 1965 to 1985, the per capita consumption in the developing world went up by almost 70 percent. Yet one billion of the people in the developing countries today are living in poverty [World Development Report (1990)]. Despite the growth in incomes and consumption, the problem of poverty is enormous. In most development models a large reserve of low-paid workers (often rural based) is seen as a precondition for industrialization (often urban based), which in turn is seen as synonymous with development. It is the exploitation of these workers to generate the surpluses necessary for growth in the urban growth centres that forms the basis of policy in most developing countries. The very processes that generate this growth also make these workers the most vulnerable to poverty. And if stagnation or recession sets in, the results are disasterous. The book under review makes an effective contribution to focusing attention on the issues of urban poverty and the labour market.


2021 ◽  
Vol 235 ◽  
pp. 01010
Author(s):  
Peng Zhong ◽  
Tao Wu ◽  
Shuaixin Guo

This paper adopts the orderly logit model which has achieved good results in the research of financial supervision organization structure in recent years, selects 62 representative countries as samples, estimates and analyzes the factors that affect the financial supervision organization structure change, and carries on the empirical test to the constructed model, thus provides the reference basis for developing countries to select their own financial supervision organization structure.


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