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Working Paper
Trends in International Cooperation and Net Resource Transfers to Developing Countries
Blog
China and India’s Development Strategies: Lessons for Developing CountriesAmelia U. Santos-Paulino and Guanghua Wan China and India have become global economic powers. Even at the market exchange rate, China overtook Japan...
Book Chapter
Flow of Foreign Direct Investment in Developing Countries :Part of Book External Finance for Private Sector Development
Journal Special Issue
FDI to Developing CountriesAs one of globalisation's most visible dimensions, foreign direct investment (FDI) is central to the prospects for developing countries in the world economy. Key issues include the direction of causation between FDI and growth, the potential role of...
Journal Special Issue
The Rise of China and IndiaThere has been considerable media coverage of China’s trade and financial activities, on India’s emergence as a technology and innovation hub, and on the commerce and investment interactions between China, India, Brazil, and South Africa and other...
Working Paper
It Worked in China, so Why not in Africa?African countries have sought to replicate the success of East Asia by implementing special economic zones. Despite decades of international experience, there remains no blueprint for successful special economic zone policies, and the majority of...
Working Paper
The Causal Relationship between Information and Communication Technology and Foreign Direct InvestmentThis paper investigates the simultaneous causal relationship between investments in information and communication technology (ICT) and foreign direct investment (FDI), with reference to its implications on economic growth. For the empirical analysis...
Working Paper
The Impact of Foreign Direct Investment on Developing Countries’ Terms of TradeThis paper first shows that important economic arguments in favor of the Prebisch-Singer hypothesis of falling terms of trade of developing countries have implicitly relied on the role of multinational corporations and foreign direct investment. As...
Working Paper
Globalization Crises, Trade, and Development in VietnamVietnam has been among the most successful East Asian economies, especially in weathering the external shocks of recent globalization crises—the 1997-98 Asian financial crisis and the 2008-09 great recession, financial crisis and collapse of global...
Working Paper
Capital flight and foreign direct investment in AfricaThis paper aims to provide theoretical and empirical insights into the puzzling simultaneous rise in foreign direct investment (FDI) inflows in Africa and capital flight from the continent over the past decades. It specifically explores two questions...
Working Paper
Institutional Reforms Debate and FDI Flows to MENA RegionThe paper revisits the policy debate on institutional reform approaches to property rights protection and empirically examines it in the context of FDI flows to the Middle East and Northern Africa region (MENA). Using panel data on 11 MENA countries...
Working Paper
Institutional Reforms, Private Sector, and Economic Growth in AfricaThe aim of this paper is to analyse the effect of institutional reforms on the revival of African economies. We study the impact of positive changes in business environment indicators of the Doing Business project and the Economic Freedom Index of...
Working Paper
Remittances by EmigrantsRemittances, after foreign direct investment, are currently the most important source of external finance to developing countries. Remittances surpass foreign aid, and tend to be more stable than such volatile capital flows as portfolio investment...
Working Paper
International Bank LendingInternational bank lending is a major component of capital flows between advanced and emerging economies. However, in recent years these flows have been going the wrong way, like water flowing uphill. Even four years after the Asian crisis, there is...
Working Paper
Bank Lending to Emerging MarketsThis paper has two aims. The first is to provide some explanation for the extraordinary collapse in cross-border bank lending to developing countries which has taken place since 1997. The second is to argue that it might be too simplistic to...
Working Paper
Exporting and Foreign Direct Investment SpilloversOne feature of exporting firms in Cambodia is that they are not of domestic origin but are foreign firms that export from the moment they are established in Cambodia. In this paper we examine the extent to which the presence of foreign-owned export...
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