Foreign private capital flows, portfolio investment and foreign direct investment (FDI), have been important external sources of financing growth and investment around the world. Since the start of the new millennium, FDI has become a major source of external finance for many developing countries mainly due to the economic benefits associated with this investment. Developing countries have been jostling for FDI in an attempt to resolve some of their structural problems, such as poverty. Poverty is a sensitive and persistent issue in most developing countries. More recently, FDI into the financial sector (FSFDI) has increased significantly, reshaping the sector significantly. The widely-held perception is that FSFDI is associated with financial development, job creation and skills transfer which are critical factors in alleviating poverty. In spite of the significant inflow of investment, new estimates of poverty in the developing world are disconcerting.Foreign private capital flows, portfolio investment and foreign direct investment (FDI), have been important external sources of financing growth and investment around the world. Since the start of the new millennium, FDI has become a major source of external finance for many developing countries mainly due to the economic benefits associated with this investment. Developing countries have been jostling for FDI in an attempt to resolve some of their structural problems, such as poverty. Poverty is a sensitive and persistent issue in most developing countries. More recently, FDI into the financial sector (FSFDI) has increased significantly, reshaping the sector significantly. The widely-held perception is that FSFDI is associated with financial development, job creation and skills transfer which are critical factors in alleviating poverty. In spite of the significant inflow of investment, new estimates of poverty in the developing world are disconcerting.The main objective of this study was to evaluate the impact of FSFDI on poverty alleviation in developing countries. Linear regression analysis was done to determine the relationship between FSFDI inflow and other variables that were viewed as reducing agents of poverty, namely financial sector employment, employee training and financial access. The sample data used for this research represents South Africa and a convenience sampling technique was utilised. / Dissertation (MBA)--University of Pretoria, 2012. / Gordon Institute of Business Science (GIBS) / unrestricted

South African Multinational Corporations (MNCs) are expanding their operations and seeking investment opportunities elsewhere bedsides South Africa. Some of these opportunities present themselves in unfamiliar environments which are politically risky nonetheless South African MNCs continue to invest in such countries. The aim of this research paper is to establish the impact of political risk on foreign direct investment decisions by South African MNCs. The paper seeks to establish key political risk factors that South African MNCs consider prior to investing in a country deemed politically risky. Once they have indentified these political risk factors, what are the Foreign Direct Investment (FDI) drivers attracting them to a specific country despite its political climate? The paper attempts to understand the decision making process of MNCs when seeking to invest in a politically risky country and to what extent do MNCs involve the incumbent government and other local stakeholders in this process. Lastly the paper seeks to establish how MNCs manage the impact of political risk in a country.A qualitative research methodology with an exploratory design was used to collect the data. In-depth face-to-face interviews were conducted with eight representatives from South African MNCs which are doing business in politically risky countries.The results reveal that political risk has a significant impact on the FDI decision making process of South African MNCs and how they go about conducting this process has a far reaching impact on the success of the MNC in a politically risky country. Conducting a thorough political environment assessment is critical, by engaging the incumbent government and all relevant stakeholders is key when seeking to invest in politically risky countries. Politics drive economics therefore one cannot separate economics and politics. / Dissertation (MBA)--University of Pretoria, 2012. / Gordon Institute of Business Science (GIBS) / unrestricted

Magister Administrationis - MAdmin / This paper aims to critically evaluate the New Competition Act of South Africa and further suggests that this form of government policy tends to harm the economy more than the benefits it reciprocates. The first chapter provides a critical overview of the New Competition Act, Competition Act NO.89 of 1998 which was signed into law on the 20 October 1998, but would only come into force on the 1 September 1999.

Foreign Direct Investment and Economic Growth Abstract This dissertation consists of three empirical research papers on FDI inflow and economic growth and the role the host country natural resources abundance and institutional quality play in altering the FDI-growth relationship. The first paper (chapter 2) investigates the FDI-growth relationship and the impact of the host country's natural resource abundance on the FDI-growth relationship. The paper uses a dataset of 117 countries over the period 1991-2016 and use system GMM estimation method and found a positive and significant impact of FDI inflows on the economic growth of the host country. However, FDI-induced growth was found to be more pronounced in the low-and middle-income countries compared to high-income countries. Further, FDI-induced economic growth is slowed down by the increase in the size of the natural resource sector both in the low-and middle-income as well as high- income countries. The direct negative impact of natural resources on growth was found to be stronger in the low-and middle-income countries compared to the high-income countries. Building on the results of the first paper (chapter 3), the second paper estimated a fixed effect threshold for the level of natural resources and found that FDI inflow has a stronger positive impact...

In 2005, the Government of India (GoI) introduced the Special Economic Zone (SEZ) Act, which changed the way India attracted foreign investors who wanted to utilize the country's natural and human capital. Considerable scholarly literature has examined why investment has been located in particular areas of India and described the factors that contribute to initiating economic growth. Yet the observation inspiring this research was that some states have operational SEZs, while other states with approved SEZ plans see investors retreat from their commitments. Why do some states have operational SEZs and other states do not? Focusing on the states of Maharashtra and Goa, this study explored information about the de-notification of zones in both states, leading to an examination of whether the factors that contributed to de-notification in Maharashtra were similar to those keeping Goa from having operational SEZs. I hypothesized that land acquisition practices, lack of physical infrastructure, and poor social infrastructure were key factors contributing to Maharashtra's de-notification and to Goa's struggle to create operational zones. The findings suggest that in order for SEZs to remain operational, comprehensive legislation must be put in place that addresses land rights, job training, and general education. Such a change would allow the residents in each state to participate more in the SEZ development scheme while mitigating India's endemic poverty. / Master of Arts

An examination of determinants of foreign direct investment in Armenia is undertaken to ascertain the potential for attracting foreign investment (FDI) into the horticultural sector of Armenia. The analysis is conducted using survey data collected during face-to-face interviews in August and December 2010. A logit analysis is used to identify the characteristics of firms with substantial current FDI that are operating in Armenia and are planning to undertake additional investment during the next few years. The findings suggest that economic stability and the ability to insure against business risks would encourage FDI. Also, past profitability was dependent on the firm’s satisfaction with the regional market around Armenia.

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京都大学 / 新制・課程博士 / 博士(経済学) / 甲第24376号 / 経博第663号 / 新制||経||302(附属図書館) / 京都大学大学院経済学研究科経済学専攻 / (主査)教授 神事 直人, 准教授 長谷川 誠, 准教授 高野 久紀 / 学位規則第4条第1項該当 / Doctor of Economics / Kyoto University / DGAM

The following study assesses economic and political determinants of foreign direct investment by U.S. firms. Data from the Bureau of Economic Analysis at the U.S. Department of Commerce was used for total and food sector FDI for 35 countries from the years 2001-2008. Using these data in three econometric models, the paper examines the effect on FDI of regional trade blocs as well as political factors such as labor and credit market regulations, and transfers and subsidies. Finally, the thesis provides a comparison of each model on two dependent variables: food sector and total FDI. The study finds that management decision making for FDI differs for agribusiness firms compared to industry as a whole, especially with regards to the host country’s relative wages, language barriers, and membership in the Association of Southeast Asian Countries (ASEAN).

The objective of this thesis is to investigate the influence and. impact of foreign direct investment inflow into the Republic of Korea. It is also an investigation of the development of the Korean economy. The research investigates the relationship between foreign direct investment and the development of the Korean economy by examining both the macro and micro aspects of the relationship between the two. This involves considering the performance of the Korean economy as a whole and then taking a more detailed approach by treating the analysis of the relationship at the level of individual industrial sectors. It also involves investigating the role played by the Korean government in the development of the economy and the control of foreign direct investment inflow. The analysis uses a two stage approach, first by taking an exploratory correlation analysis of the interaction between the inflow and a series of key variables, which allows a number of tentative conclusions to be drawn. By using these conclusions in conjunction with the literature survey we were able to analyse the nature and impact of foreign direct investment in Korea using regression analysis. The analysis revealed that except for isolated instances, the influence of the inflow of foreign direct investment at either the macro-or micro level is long-term. The positive effect of the inflow appears to be strongest on Gross National Product and Gross Domestic Product and on exports rather than imports. The results from the principal industrial sectors suggest that greatest impact was when the inflow was associated with larger firms. Furthermore the results suggest that the country of origin of the investment may well have an influence. In addition the research highlights the importance of the role played by the Korean government.