期刊名称:International Journal of Economics and Finance Studies
电子版ISSN:1309-8055
出版年度:2011
卷号:3
期号:1
出版社:Social Sciences Research Society
摘要:Theory and previous evidences provide conflicting predictions concerning the growth effects of foreign direct investment (FDI). The mainstream ideas support FDI as an engine of employment, technological progress, productivity improvements, and ultimately economic growth. Because of these significant benefits, attracting FDI has become one of the integral parts of economic development strategies in many countries. There are two schools of thought that hypothesize the FDI determinants: economic factors and political factors. For the latter school of thought, the central questions are directed to determine whether political regime affect country’s trade policy or not. In the advanced industrial countries where labour tends to be scarce, are left political regimes more protectionist than right ones, which represent capital owners? Prior evidence had demonstrated an association between the type of political regimes and trade policies (FDI policies).
关键词:Political Regime; Foreign Investment; Competitiveness; Euro Area