Since 1980 foreign direct investment (FDI) has become the vital determinant of economic growth of the host country. FDI plays important role on improving the host country market, productivity, human capital, and brings new technological progresses, it also creates various job opportunities. Turkey is the unique country among the Islamic and Middle Eastern countries because of her close relationships with European countries, Russia, USA, Asia and Middle East. Her geographical location advantages, cheap labor cost and emerging market potential attract foreign investors. This paper aspires to analyze the impacts of economic growth on FDI in the case of Turkey. Many studies find a positive effect between these variables but it is hard to determine if FDI affects growth or if growth affects FDI. The direction of the causality between FDI and economic growth is examined by using Johansen Cointegration and Granger causality tests. The results show that whilst FDI and growth have long-run relationships, in the short-run the direction of relationship runs from economic growth to FDI. After determining the direction of the causality, time series data of Turkey is used to test if economic growth has significant impact on FDI by applying Ordinary Least Square (OLS) estimation model. The findings turn out that the amount of FDI is affected positively by economic growth in Turkey.

Sambandet mellan korruption och direktinvesteringar har uppmärksammats allt mer efter en stor ökning av direktinvesteringar sedan slutet på 1980-talet. Denna studie undersöker därför empiriskt hur mycket korruptionsgraden i ett land påverkar direktinvesteringar. Detta har gjorts genom att utgå från två hypoteser:  H1: Sveriges beslut att direktinvestera påverkas negativt av korruptionsgraden i värdlandet.  H2: Korruptionsgraden har en negativ inverkan på storleken på inåtgående direktinvesteringar i världen.  Utöver detta undersöks hur variablerna BNP, population, export och arbetslöshet i värdlandet, samt avståndet mellan investeraren och värdlandet, påverkar direktinvesteringar.  Studien har genomförts med OLI-paradigmet2 samt gravitationsmodellen som teoretisk grund. Två olika regressionsmodeller har sedan skapats; två tvärsnittsstudier för år 2001 och 2008 samt en studie på medelvärden för åren 2004-2010. Vi finner att beslutet att direktinvestera påverkas av korruption. Dock har vi inte kunnat fastställa huruvida korruption påverkar storleken på direktinvesteringar efter att beslutet om att investera väl har fattats.

The main purpose of this study confers development of China¡¦s petrochemical industry and role of transnational petrochemical corporation.(1) It is found out that current industry gathers in Guangdong, Jiangsu and Shandong through production of related petrochemical products. To contrast with the China government to open up ethylene joint ventures (JV) of four foreign corporations, a key issue has been derivated. Why the government broke situation of monopolization of original two domestic petrochemical groups of Sinopec and CNPC as well as open up the best position of the industry being gathered to four?(2) During participation of WTO, the situation of promise and practice has been analyzed. It is discovered that serious problem are existed; especially, regarding to TRIMS and TRIPS. Does it an administrative delay or consideration of involved development strategy?(3) The development strategy of the China government has been proved and the process of ethylene production capability has been compared. The average of ethylene production capability is ranked the last among Asian countries before JV. Extensive production technology has been brought in afterward as well as after related technology and knowledge being obtained; mass ethylene production capability will be invested domestically by Sinopec and CNPC in the future.(4) Therefore, it is induced that a strategy can be adapted for those technology falls behind countries. Opening and developing market attracts foreign countries and actively learns their advanced technology in another.

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As we have seen in the last century the world has become smaller and globalization plays an important role in the economy nowadays. One of the most important goals of the government is to commit the economic growth, and as it can be seen on the example of BRIC countries one of the ways in order to do so is to attract Foreign Direct Investments. This research takes a closer look at what changed in those countries over the last decade and what the main factors are which could help to attract foreign capital.  This study aims to find out how did developing economies of Brazil, Russia, India and China, managed to attract FDI and which factors were the most important. Did the government play the important role in this process, or was it just natural due to the high amount of resources, like in Russian and Brazil? In order to do so, the paper will analyze the background and previous studies on this topic and help to develop the strategy for the economic growth by attracting FDI. The paper is analyzing impact of changes in certain variables on the change in FDI to the country. Variables are based on the previous researches, but can be changed based on the background in order to find a new view on the topic.

Abstract Whenever people think of FDI flows, the traditional assumption is that the investment flows from MNCs in the developed economies to either other developed economies and/or to the developing world. Now, a new trend has emerged owing to the process of globalisation. That is, FDI from the emerging and developing economies such as China, India, South Africa and Brazil is flowing to both developed and developing economies. There is more flexibility of movement of capital and knowledge which does not conform to hitherto held assumptions that FDI flows in a particular pattern to particular locations, that is, largely from the developed economies to the developing economies. This new trend needs to be captured both empirically and conceptually. One work we have been doing is exploring the new phenomenon of R&D related FDI flow into the emerging economies such as India, China and Brazil (Baskaran and Muchie, 2008). It is interesting that knowledge that is assumed often to be retained in the home parent company (usually in a developed country) is now open to movement to the to other parts of the world where there is a very strong pool of concentration of talent and skills such as India and China. Similarly, companies from the developing world now appear to be looking for strategic presence in other countries - both developed and developing economies. We explore the factors driving this outward flow of FDI from developing economies and the shape and nature of this flow. Further more, the research will examine the implications of this trend -- whether the FDI itself is changing because of this new trend and in what way this is taking place in reality. For this, we employ case studies of companies with external involvement from selected economies -- China, India and South Africa.

International political economy scholarship largely focuses on the motivations and determinants of FDI flows and their effects on economic wellbeing, stability and peace. An overlooked question, however, is the restrictions of inward FDI. Extant research widely regards national security and economic security as the justifications for FDI restriction. This is an oversight because there is a broad overlap in conceptualizations of national security and economic security. In this thesis I study the phenomenon of the use of the concept “critical industry” to justify FDI restrictions. I investigate eight cases of restricted FDI transactions occurred in China and the United States between 2005 and 2012, and the relevant institutions and practices of both countries. This study argues that the protection of critical industry is the key driver of inward FDI restrictions and that the security of critical industry is better understood to protect individual industries, defense-sensitive industries, critical infrastructures, and industries pertaining to regime-security. / Graduate

No description available.

Jiangsu and Zhejiang are of two of China most prosperous and dynamic provinces. This paper first presents a factual account of two empirical phenomena: 1) FDI has played a more substantial role in the economic development of Jiangsu than in Zhejiang, and 2) ownership biases against domestic private firms in Jiangsu were more substantial than in Zhejiang. The paper hypothesizes that there is a connection between these two empirical phenomena. Specifically, ownership biases against domestic private firms increase preferences for FDI because FDI provides a measure of relative property rights security. Thus a biased domestic private firm has an incentive to move its assets and/or future growth opportunities to the foreign sector. The paper uses two private-sector surveys - one conducted in 1993 and the other in 2002 - to provide an empirical test of this hypothesis. Our analysis shows, controlling for a variety of firm-level attributes and industry and regional characteristics, those private firms which perceive ownership biases to be more severe are more likely to form joint ventures with foreign firms.