The present study adds a further link to the chain of studies on corruption and capital flows. It is argued here that not only does corruption reduce foreign direct investment inflows to a country, but also different forms of corruption have separately identifiable effects on the variable in question. Using data from Global Competitiveness report of the World Economic Forum, it is manifested in...

Undertaking foreign direct investment (FDI) is the defining feature of multinational enterprises (MNEs). While emerging economies as recipients of FDI are familiar with MNEs, these MNEs tend to be firms from the developed world. A new breed of home-grown MNEs has now arisen from the emerging economies, in particular the group known as BRIC (Brazil, Russia, India, and China). In this article, th...

Using firm-level data on the sales and sourcing patterns of Japanese affiliates, this paper suggests that very little foreign direct investment (FDI) falls neatly into the standard bins of horizontal, vertical and export-platform FDI. Most affiliates import some intermediates and export some output, suggesting a pattern that might be called “networked FDI.” This suggests that the nature of FDI ...

Bangladesh is home to large unskilled and semi-skilled population and lacks adequate domestic employment opportunity due to scarcity of foreign direct investment (FDI) which may foster its economic growth. And this country has also been experiencing significant increase in international trade in recent years compared with the scenario of last decade. In this backdrop, the author aims at empiric...

This paper deals with the interplay between foreign direct investment (FDI) and the industrial and innovation policies of host developing economies. It aims to redefine the nexus between these different, though yet strongly interconnected policy areas, by bringing the affiliates of multinational corporations already established in a host economy to the first level of analysis. It argues that ho...

Foreign direct investment plays an important role in the economic development of the country. It helps in transferring of financial resources, technology and innovative and improved management techniques along with raising productivity. An Indian company may receive Foreign Direct Investment either through automatic route or government route. The paper tries to study the need of FDI in India, t...

We argue that the trend toward international investment agreements (IIAs) with stricter investment rules is driven by competitive diffusion, namely defensive moves of developing countries concerned about foreign direct investment (FDI) diversion in favor of competing host countries. Accounting for spatial dependence in the formation of bilateral investment treaties (BITs) and preferential trade...

There is probably not a developing country in the world—even themost isolated, such as North Korea— that does not work hard to attract more foreign direct investment (FDI). Political leaders and policymakers know that FDI brings with it capital, technology, jobs and links to the world economy. The debate has raged about how best to accomplish this goal. Do investment promotion activities matter...

This paper develops and estimates a statistical model of foreign investment flows in Canada in order to determine the degree to which Canadian foreign direct investment (FDI) policies affected these flows. Theoretical considerations suggest that host government policies directed at inward foreign investment (FDI) also influence outward direct investment (ODI), especially investment by affiliate...

Using firm-level data from an Enterprise Survey of World Bank, this paper is designed to test how policy variables can affect inward foreign direct investment (“FDI”) in China. After excluding the problems of sample selection and endogeneity, the result shows that investment promotion agencies (IPAs) and investment incentive zones (IIZs) have significant positive effect on absorbing FDI in Chin...