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Determinants of, and the Relation Between, Foreign Direct Investment and Growth : A Summary of the Recent Literature / Ewe-Ghee Lim.

IMF eLibrary Available online

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Format:
Book
Government document
Author/Creator:
Lim, Ewe-Ghee.
Series:
IMF Working Papers; Working Paper ; No. 2001/175
IMF Working Papers
Language:
English
Physical Description:
1 online resource (28 pages)
Place of Publication:
Washington, D.C. : International Monetary Fund, 2001.
Language Note:
English
Summary:
This paper summarizes recent arguments/findings on two aspects of foreign direct investment (FDI): its correlation with economic growth and its determinants. The first part focuses on recent literature regarding positive spillovers from FDI while the second deals with the determinants of FDI. The paper finds that while substantial support exists for positive spillovers from FDI, there is no consensus on causality. On determinants, the paper finds that market size, infrastructure quality, political/economic stability, and free trade zones are important for FDI, while results are mixed regarding the importance of fiscal incentives, the business/investment climate, labor costs, and openness.
Notes:
Bibliographic Level Mode of Issuance: Monograph
Description based on print version record.
ISBN:
9786613800930
9781462357932
1462357938
9781452794587
1452794588
9781282107588
1282107585
9781451904079
145190407X

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