Download or read book Political Risk and the Institutional Environment for Foreign Direct Investment in Latin America written by Jörg Stosberg and published by Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften. This book was released on 2005 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Revision of the author's thesis (Ph. D.)--Geottingen.
Download or read book The Impact of Political Risk on the Foreign Direct Investment Decision written by Dorothee Feils and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using a capital budgeting framework, we examine the impact of political risk on the foreign direct investment decision. Political risk may alter operating cash flows via discriminatory regulations as well as the investment via expropriation. We model the impact of political operating costs and expropriation costs on the NPV of a project under the assumption that the parameters that affect the NPV are constant over the life of the project. Next, we provide an illustration for the case in which the relevant parameters are variable over the life of the project. The paper concludes with an example of political risk in the 1990s, the case of Black Sea Energy Ltd.'s investment in Russia.
Download or read book Political Risk and the Institutional Environment for Foreign Direct Investment in Latin America written by Jörg Stosberg and published by Peter Lang Publishing. This book was released on 2005 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: The intensification of capital flows is an important characteristic of globalization. Attracting foreign direct investment is a viable way of ensuring the external financing of developing countries. Foreign direct investment flows, in turn, are determined by the decisions of multinational enterprises. One important determinant of investment of potential host countries. Political risks like expropriations, riots, revolutions or civil wars are important obstacles for investment. This book empirically analyzes the impact of political risks on foreign direct investment flows to Latin American countries. A case study of Mexico and its policy towards foreign investors offers further empirical evidence for the importance of the political environment for investment decisions of multinationals."
Download or read book Risk and Foreign Direct Investment written by C. White and published by Springer. This book was released on 2006-01-25 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: Incorporating an accurate measure of risk is important to the appraisal of an international investment. This book examines and recommends how decisions on international investment projects are made. Critiquing and integrating existing theory, it shows how risk can be incorporated into the present value formula produce a clear decision rule.
Download or read book International Political Risk Assessment for Foreign Direct Investment and International Lending Decisions written by Desta Asayehgn and published by . This book was released on 1993 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Impact of Political Risk on Foreign Direct Investment Decisions by South African Multinational Corporations written by and published by . This book was released on 2012 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Measuring Political Risk written by Charlotte H. Brink and published by Routledge. This book was released on 2017-03-02 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offering a fresh, transparent approach encompassing new material, this invigorating volume measures political risk - for instance the risk that foreign investment might face in any country. It also demonstrates how progress or regress made in good governance initiatives as conditionalities to aid can be assessed. Governments can monitor their own policy environment(s), and take remedial action if necessary. The methodology allows for measurement of previously un-quantified 'soft' factors that add to the risks foreign investors might face, demonstrating why these factors are of importance to both risk assertive and risk averse investors. Features include: - 103 contextualized, measurable risk factors and their 411 risk factor indicators. - Guidelines to using these factors in order to perform generic macro analyses, or micro, client/project/industry-specific analyses. - Explanation of the methodology with which to comprehensively measure the probability of risk occurring in any macro or micro investment climate.
Download or read book Nation States and the Multinational Corporation written by Nathan M. Jensen and published by Princeton University Press. This book was released on 2008-01-21 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: What makes a country attractive to foreign investors? To what extent do conditions of governance and politics matter? This book provides the most systematic exploration to date of these crucial questions at the nexus of politics and economics. Using quantitative data and interviews with investment promotion agencies, investment location consultants, political risk insurers, and decision makers at multinational corporations, Nathan Jensen arrives at a surprising conclusion: Countries may be competing for international capital, but government fiscal policy--both taxation and spending--has little impact on multinationals' investment decisions. Although government policy has a limited ability to determine patterns of foreign direct investment (FDI) inflows, political institutions are central to explaining why some countries are more successful in attracting international capital. First, democratic institutions lower political risks for multinational corporations. Indeed, they lead to massive amounts of foreign direct investment. Second, politically federal institutions, in contrast to fiscally federal institutions, lower political risks for multinationals and allow host countries to attract higher levels of FDI inflows. Third, the International Monetary Fund, often cited as a catalyst for promoting foreign investment, actually deters multinationals from investment in countries under IMF programs. Even after controlling for the factors that lead countries to seek IMF support, IMF agreements are associated with much lower levels of FDI inflows.
Download or read book The Impact of Political Risk on Foreign Direct Investment Decisions by South African Multinational Corporations written by Thabo Koboekae and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Foreign Investments And The Management Of Political Risk written by Dan Haendel and published by Routledge. This book was released on 2019-05-20 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume focuses on the efforts that multinational enterprises (MNEs) can and must make to evaluate and deal with the political risks they confront in host countries. After discussing various aspects of the relationships between MNEs and host countries, the author considers the definitional and conceptual issues of political risk. He examines th
Download or read book New Voices in Investment written by Maria Laura Gómez Mera and published by World Bank Publications. This book was released on 2014-12-03 with total page 0 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 Global Investment Competitiveness Report 2019 2020 written by World Bank Group and published by World Bank Publications. This book was released on 2020-07-06 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Global Investment Competitiveness Report 2019-2020 provides novel analytical insights, empirical evidence, and actionable recommendations for governments seeking to enhance investor confidence in times of uncertainty. The report's findings and policy recommendations are organized around "3 ICs" - they provide guidance to governments on how to increase investments' contributions to their country's development, enhance investor confidence, and foster their economies' investment competitiveness. The report presents results of a new survey of more than 2,400 business executives representing FDI in 10 large developing countries: Brazil, China, India, Indonesia, Malaysia, Mexico, Nigeria, Thailand, Turkey, and Vietnam. The results show that over half of surveyed foreign businesses have already been adversely affected by policy uncertainty, experiencing a decrease in employment, firm productivity, or investment. Foreign investors report that supporting political environments, stable macroeconomic conditions, and conducive regulatory regimes are their top three investment decision factors. Moreover, the report's new global database of regulatory risk shows that predictability and transparency increase investor confidence and FDI flows. The report also assesses the impact of FD! on poverty, inequality, employment, and firm performance using evidence from various countries. It shows that FDI in developing countries yields benefits to their firms and citizens-including more and better-paid jobs-but governments need to be vigilant about possible adverse consequences on income distribution. The report is organized in S chapters: Chapter 1 presents the results of the foreign investor survey. Chapter 2 explores the differential performance and development impact of greenfield FDI, local firms acquired by multinational corporations {i.e. brownfield FDI), and domestically-owned firms using evidence from six countries. Chapter 3 assesses the impact of FDI on poverty, inequality, employment and wages, using case study evidence from Ethiopia, Turkey and Vietnam. Chapter 4 presents a new framework to measure FDI regulatory risk that is linked to specific legal and regulatory measures. Chapter S focuses on factors for increasing the effectiveness of investment promotion agencies.
Download or read book World Investment and Political Risk 2010 written by Daniel Villar and published by World Bank Publications. This book was released on 2011-01-12 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two years into the deepest global financial crisis in the post-war era, the world economy is still experiencing uneven economic recovery and financial weakness. Financial market conditions are signaling improved investor confidence and more appetite for cross-border investments. As part of its mandate to encourage investment to developing countries, the Multilateral Investment Guarantee Agency (MIGA) seeks to foster more understanding of the role of political risk, and instruments to mitigate it. The objective for this report is to examine (i) overall investment trends and perceptions of political risk especially for what regards foreign direct investment (FDI) to emerging markets; (ii) investments and risks specifically in Conflict-Affected and Fragile States (iii) the role political risk insurance (PRI) is playing today and its likely role in the future.
Download or read book The Effect of Capital Controls on Foreign Direct Investment Decisions Under Country Risk with Intangible Assets written by Kinga Z. Elo and published by International Monetary Fund. This book was released on 2007-04 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines how capital controls affect FDI decisions and how the impact of these restrictive measures varies with different levels of country risk. We construct a model of firms' FDI decisions, broadly in Dunning's "eclectic theory" framework, using "real options" to emphasize economic uncertainty and country risk. Numerical results of the model take the form of "quality statistics" that uncover the underlying dynamics hidden in the aggregate data that is responsible for the low performance of recent empirical studies. We find that increasing levels of capital controls reduce the life-span of FDI investments at each level of country risk and foreign investors' willingness towards risk sharing increases. We reveal a significant interaction between capital control and country risk, resulting in a nonlinear relationship between these and the volatility and volume statistics. We estimate a standard cross-sectional model that provides strong support for our theoretical findings.
Download or read book The Effect of Political Risk on Foreign Direct Investment in Less Developed Countries Framing the Problem written by Barry L. Scribner and published by . This book was released on 1985 with total page 852 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Politics and International Investment written by Witold J. Henisz and published by Edward Elgar Publishing. This book was released on 2002 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: Henisz (management, the Wharton School, U. of Pennsylvania) offers a model of political and regulatory risk assessment for companies investing in the developing world. He argues that most of the problems with conventional political risk measures ultimately stem from their lack of focus on the political systems that they measure. He proposes the adoption of a measure that examines the feasibility of policy change. He tests the theoretical predictions offered by his measure by examining the use of local partners as a political risk mitigation mechanism. Annotation copyrighted by Book News, Inc., Portland, OR
Download or read book Option Value Policy Uncertainty and the Foreign Direct Investment Decision written by Yu-Fu Chen and published by . This book was released on 2003 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
