Download or read book Harnessing Globalization written by Roy C. Nelson and published by Penn State Press. This book was released on 2015-10-29 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can countries in the underdeveloped world position themselves to take best advantage of the positive economic benefits of globalization? One avenue to success is the harnessing of foreign direct investment (FDI) in the “nontraditional” forms of the high-technology and service sectors, where an educated workforce is essential and the spillover effects to other sectors are potentially very beneficial. In this book, Roy Nelson compares efforts in three Latin American countries—Brazil, Chile, and Costa Rica—to attract nontraditional FDI and analyzes the reasons for their relative success or failure. As a further comparison, he uses the successes of FDI promotion in Ireland and Singapore to help refine the analysis. His study shows that two factors, in particular, are critical. First is the government’s autonomy from special interest groups, both domestic and foreign, arising from the level of political security enjoyed by government leaders. The second factor is the government’s ability to learn about prospective investors and the inducements that are most important to them—what he calls “transnational learning capacity.” Nelson draws lessons from his analysis for how governments might develop more effective strategies for attracting nontraditional FDI.
Download or read book The Effectiveness of Promotion Agencies at Attracting Foreign Direct Investment written by Jacques Morisset and published by World Bank Publications. This book was released on 2004 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investment promotion agencies (IPAs) exist in almost all countries around the world, but there has been no global attempt to determine whether they have been able to significantly influence the investor's decision to locate in one country rather than another. 'The Effectiveness of Promotion Agencies at Attracting Foreign Direct Investment' is the first empirical study of the effectiveness of these agencies in attracting foreign direct investment (FDI).This study finds that promotion is unambiguously associated with greater FDI flows. The effectiveness of promotion, however, depends on: the quality of the investment climate, market size the level of development of the country the IPA's budget and type of activities it carries out communication with the highest level of policymakers and support from the private sector. An important resource, 'The Effectiveness of Promotion Agencies at Attracting Foreign Direct Investment' provides many lessons about how to carry out effective investment promotion.
Download or read book Foreign Direct Investment Policy and Promotion in Latin America written by OECD and published by OECD Publishing. This book was released on 1999-10-06 with total page 131 pages. Available in PDF, EPUB and Kindle. Book excerpt: This workshop proceedings examines foreign direct investment policy and promotion in Latin America.
Download or read book Does a Country Need a Promotion Agency to Attract Foreign Direct Investment written by Jacques Morisset and published by World Bank Publications. This book was released on 2003 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Establishing an investment promotion agency has become a central part of most countries' development strategies. Today there are more than 150 investment promotion agencies worldwide. Yet very little is known about what these agencies have been really doing, notably in emerging countries, and whether they have been effective in influencing investors' decisions. Using data from a new survey on 58 countries, Morisset shows that greater investment promotion is associated with higher cross-country foreign direct investment (FDI) flows, on top of the influence of the country's investment climate and market size. But this result has to be qualified on several counts. First, the effectiveness of the agency depends on the country's environment in which it operates. An agency in a poor investment climate is less effective at attracting investment. Second, the scope of activities that an agency undertakes influences its performance. Morisset's empirical analysis indicates that agencies devoting more resources on policy advocacy are more effective because such activity is not only beneficial to foreign investors but also to domestic investors. In contrast, investment generation or targeting strategies appear expensive and risky, especially in countries with poor investment climates. Finally, certain internal characteristics of the agencies are associated with greater effectiveness. The agencies that have established reporting mechanisms to the country's highest policymakers (the president or prime minister) or to the private sector have been systematically more efficient at attracting foreign direct investment. Such institutional links are crucial because they contribute to strengthen the government's commitment as well as reinforce the agency's credibility and visibility in the business community.
Download or read book Marketing a Country written by Louis T. Wells and published by World Bank Publications. This book was released on 2000 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Foreign Investment Advisory Service, a joint facility of the International Finance Corporation (IFC) and the World Bank, was established to help governments of developing member countries to review and adjust the policies, institutions, and programmes that affect foreign direct investment (FDI). The ultimate purpose of FIAS is to assist member governments to attract beneficial foreign private capital, technology, and managerial expertise.
Download or read book Foreign Direct Investment Policy and Promotion in Latin America written by and published by . This book was released on 1999 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Foreign Direct Investment written by Dale R. Weigel and published by World Bank Publications. This book was released on 1997-01-01 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: The report reviews lessons from the International Finance Corporation's (IFC) investment, and advisory experience in the developing world, which show the interactions between policy frameworks, and the volume and structure of foreign direct investments (FDI). Case studies show how the Corporation promotes successful project structures, and regulatory changes, as it tries to attain the strongest development impact for investments. In developing countries, FDI has flowed mainly into manufacturing, and processing industries. In the past, investment attractiveness had been closely linked to possession of natural resources, or a large domestic market, while production and trade globalization, competitiveness as a location for investment, and exporting, have become the main determinants of attractiveness. Sources of FDI in the past, came almost exclusively from industrial countries, though recently those sources have widened, emerging from developing countries in their own right, and for their own regions. IFC, as an international initiative to promote FDI in developing countries, is liable to promote bilateral trade agreements, bilateral and multilateral financial institutions, and investment promotion programs; its advisory role may vary from diagnostic studies overviewing constraints to FDI, to investment policy studies giving specific solutions on either changes, or strategies. The study further looks at how policy environment is set, and at finding investor opportunities, through project financing, largely structured as joint ventures. The inherent, fragile nature of joint ventures, restricts foreign ownership, thus limiting project structures; however, careful project design has lead to successful operations, by ensuring management, and financial arrangements. Still, to maximize benefits, an unfinished agenda of policy reform remains, and, as more countries open to FDI, this integration will lead to an overall increase in FDI flows.
Download or read book Foreign Direct Investment and Development written by Theodore Moran and published by Columbia University Press. This book was released on 1998-12-01 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreign direct investment (FDI) has grown dramatically and is now the largest and most stable source of private capital for developing countries and economies in transition, accounting for nearly 50 percent of all those flows. Meanwhile, the growing role of FDI in host countries has been accompanied by a change of attitude, from critical wariness toward multinational corporations to sometimes uncritical enthusiasm about their role in the development process. What are the most valuable benefits and opportunities that foreign firms have to offer? What risks and dangers do they pose? Beyond improving the micro and macroeconomic "fundamentals" in their own countries and building an investment-friendly environment, do authorities in host countries need a proactive (rather than passive) policy toward FDI? In one of the most comprehensive studies on FDI in two decades, Theodore Moran synthesizes evidence drawn from a wealth of case literature to assess policies toward FDI in developing countries and economies in transition. His focus is on investment promotion, domestic content mandates, export-performance requirements, joint-venture requirements, and technology-licensing mandates. The study demonstrates that there is indeed a large, energetic, and vital role for host authorities to play in designing policies toward FDI but that the needed actions differ substantially from conventional wisdom on the topic. Dr. Moran offers a pathbreaking agenda for host governments, aimed at maximizing the benefits they can obtain from FDI while minimizing the dangers, and suggests how they might best pursue this agenda.
Download or read book How to Solve the Investment Promotion Puzzle written by Christian Volpe Martincus and published by Inter-American Development Bank. This book was released on 2019-07-08 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt: The investment promotion puzzle remains unsolved. Nearly every country in the world has established an investment promotion agency (IPA) to attract and retain foreign direct investment (FDI) in both greater quantities and of higher “quality.” Meanwhile, the literature has been virtually silent on investment promotion and its effects on FDI. As a result, we know little about what such agencies look like in different countries, what they do, how they do it, and whether and to what extent they make a difference. How to Solve An Investment Promotion Puzzle aims to fill in this gap by providing detailed information on the organization, functions and activities, and operational modalities of IPAs across over 50 countries in LAC and OECD, distilling similarities and differences and creating a new basis for peer-to-peer benchmarking and analysis of their impact. As such, it can serve as a useful guide to professionals and policymakers interested in designing better policies for FDI.
Download or read book Foreign Direct Investment written by Daniel Nicholls and published by Routledge. This book was released on 2016-04-22 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the world continues to recover from one of the most dramatic financial crises in a generation, expanding corporations are increasingly, yet cautiously, seeking out international investment opportunities. At the heart of this fragile investment recovery lie trust and confidence. With an unprecedented number of investment promotion agencies and economic development organisations now competing for the attention and business of a more cautious and discerning investor audience, smart approaches to strategic differentiation, communication, engagement and investment services are becoming increasingly critical if these agencies and organisations are to succeed. At the same time, transparent and responsible approaches to investment, coupled with effective, compelling advocacy, are increasingly important to the success of companies’ investment projects. Daniel Nicholls’ Foreign Direct Investment offers an exploration of some of the key trends, issues and practices that are shaping the global FDI landscape. Along the way he provides insight into how economic developers and investors alike can make the most of their opportunities and mitigate reputational and communications challenges that can impede or hinder a successful investment. By presenting perspectives and priorities from both sides, Daniel Nicholls’ book bridges the ’investment gap’ by giving its readers an important insight into what matters to the other side. This book represents a smart investment for anyone involved.
Download or read book OECD Energy Investment Policy Review of Ukraine written by OECD and published by OECD Publishing. This book was released on 2021-12-15 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Review assesses Ukraine’s investment climate vis-à-vis the country’s energy sector reforms and discusses challenges and opportunities in this context. Capitalising on the OECD Policy Framework for Investment and other relevant instruments and guidance, the Review takes a broad approach to investment climate challenges facing Ukraine’s energy sector.
Download or read book Promotion of Foreign Direct Investment written by United Nations. Economic and Social Commission for Asia and the Pacific and published by United Nations Publications. This book was released on 1999 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: While progress towards the liberalisation of foreign direct investment regimes in economies in transition may make countries more attractive to FDI, competitive bidding may cancel out the efforts of individual economies to attract the volume and quality of foreign investment they seek. A more co-operative approach may maximise the benefits for all the recipients of FDI in a region. The existing frameworks of economic co-operation in the ESCAP region, many of which include investment co-operation, may be relevant. This publication contains papers from a seminar on FDI policy in the economies of north and central Asia: India, Malaysia, the Republic of Korea, Singapore, Armenia, Kyrgyzstan, and the Russian Federation.
Download or read book Promoting Foreign Direct Investment in Developing Countries written by Organisation for Economic Co-operation and Development and published by OECD. This book was released on 1993 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book New Voices in Investment written by Laura Gómez-Mera and published by World Bank Publications. This book was released on 2014-12-03 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study analyzes the characteristics, motivations, strategies, and needs of FDI from emerging markets. It draws from a survey of investors and potential investors in Brazil, India, South Korea, and South Africa.
Download or read book Protection as Promotion of Foreing Direct Investment written by Liansheng Wang and published by . This book was released on 1996 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Partners Or Creditors Attracting Foreign Investment and Productive Development to Central America and Dominican Republic written by Sebastián Auguste and published by . This book was released on 2015-05-01 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book China s Outbound Foreign Direct Investment Promotion System written by Changhong Pei and published by Springer. This book was released on 2015-03-20 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book outlines China’s current overseas investment promotion system, analyzing the general situation and the main problems arising during its development. Based on investigations of both the historical and present-day contexts of outbound investment, the book suggests improvements to overseas investment promotion to protect China’s enterprises from various aspects of the system including legal, regulatory, fiscal, intellectual property rights and standardization, risk prevention, foreign trade and economic cooperation zones to promote overseas securities investment promotion and social services.
