This paper suggests that the use of investment incentives focusing exclusively on foreign firms, although motivated in some cases from a theoretical point of view, is generally not an efficient way to raise national welfare. The main reason is that the strongest theoretical motive for financial subsidies to inward FDI – spillovers of foreign technology and skills to local industry – is not an a...

Since 21st century, China’s outward foreign direct investment (OFDI) has entered into a stage of fast development. The flow of China’s OFDI kept an increasing momentum and created new records continually even under the circumstances of more complicated external environment and slowdown pace of global economic recovery. As the rapid development of foreign direct investment (FDI), there still exi...

The article considers the impact of foreign direct investment on employment in Viet Nam, a country that received considerable inflows of foreign capital in the 1990s as part of its increased integration with the global economy. Despite the significant share of foreign firms in industrial output and exports, the direct employment generated has been very limited because of the high labour product...

Global economic transactions such as foreign direct investment ðFDIÞ must extend over an institutional abyss between the jurisdiction, and therefore protection, of the states involved. Intergovernmental organizations ðIGOsÞ represent an important attempt to span this abyss. The authors use a network approach to demonstrate that the connections between two countries, through joint membership in ...

The present paper is concerned with the attractiveness of countries to direct foreign investments, that is, the host country characteristics that attract direct foreign investment (FDI). It focuses on two types of national characteristics— those that attract inflows of all foreign investment (intermediate products), including FDI, that is, mobility factors; and those that influence the modality...

Foreign direct investment has been considered a very important factor in the recent growth of Vietnam’s economy and thus far has drawn a great deal of concern from economic researchers in Vietnam. However, studies on the impacts of foreign direct investment on Vietnam’s economy, especially the technological spillovers, are still very scarce compared with other developing countries. This study m...

This study investigates the impact of investment on the economic growth of Pakistan. The data used in this study were collected from the period of 1981 to 2010. Multiple regression technique is used to analyze the relationship between dependent variable (gross domestic production) and independent variables (public investment, private investment and foreign direct investment). It is concluded al...

International investment agreements are foundational instruments in a transnational investment regime that governs how states regulate the foreign-owned assets and the foreign investment activities of private actors. Over 3,000 investment agreements between states govern key governmental powers and form the basis for an emerging transnational investment regime. This transnational regime signifi...