Flow Of Foreign Direct Investment To Hitherto Neglected Developing Countries
- Topics:
- Foreign Direct Investment
- Tags:
- Currency & Foreign Exchange,
- Developing Country,
- Finance,
- Foreign Direct Investment,
- Foreign Direct Investment (FDI),
- Free Trade,
- Investment,
- United Nations University
- Source:
- United Nations University
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Overview: The last decade or so has witnessed rather dramatic increases in the flow of Foreign Direct Investment (FDI) to the developing countries of the world. However, the balance of evidence seems to point in one direction, the inflow has been uneven. Middle-income developing countries have benefited from this upsurge at the expense of the lower-income countries. In an attempt to explore the two complimentary issues involved in FDI flows, the two-part econometric approach is adopted in which a Probit model was first estimated in order to examine the binary issue of whether or not to locate FDI in hitherto neglected developing countries.
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Format: PDF | Size: 244KB | Date: Jan 2003 | Pages: 28
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