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Searching with a thematic focus on Finance policy, Foreign Direct Investment, International capital flows, International capital flows FDI
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Trade reform design as a signal to foreign investors : lessons for economies in transition
Policy Research Working Papers, World Bank, 1995The design of trade policy reform can encourage or discourage foreign direct investment by revealing the government's commitment to protect the interests of foreign investors. The optimal policy is analyzed under four scenarios.DocumentThe Emerging Legal Framework for Private Sector Development in Viet Nam's Transitional Economy
Policy Research Working Papers, World Bank, 1999Private (especially foreign) investors find Viet Nam's legal framework the most serious impediment to investment. Policy changes to reverse the former command system may be enough to initiate the transition.DocumentThe Uruguay Round and South Asia : an overview of the impact and opportunities
Policy Research Working Papers, World Bank, 1995South Asia remains less liberal in trade policy than East Asia, including China. The Uruguay Round's most dramatic effect on South Asia will be the removal of non tariff barriers on the region's exports to the rest of the world.DocumentThe surge in capital inflows to developing countries : prospects and policy response
Policy Research Working Papers, World Bank, 1995Foreign interest rates have been the "push" factor driving capital inflows and determining their magnitude, but country creditworthiness has influenced the timing and geographic destination of the new capital flows.DocumentIndonesia : labor market policies and international competitiveness
Policy Research Working Papers, World Bank, 1995Indonesia's labor market in the 1990s is characterized by rising labor costs, reduced worker productivity, and increasing industrial unrest. The main problem is generous, centrally mandated, but unenforceable worker benefits.DocumentThe WTO, the EU and the Arab world : trade policy priorities and pitfalls
Policy Research Working Papers, World Bank, 1995A preference for gradual trade liberalization has led to partial and slow reform, lack of credibility, and a weak private sector supply response in many countries in the Middle East and North Africa. The creation of the World Trade Organization and the offer of the European Union to establish a Euro Mediterranean Economic Area could help make the strategy of gradual reform more credible.DocumentThe rise of securities markets : what can government do?
Policy Research Working Papers, World Bank, 1995Institutions interested in stimulating the development of securities markets in developing and transition economies should remember lessons from U.S. financial history: Put fiscal practices on a solid ground and then encourage disclosure of financial information to investors. One benefit of a good stock market is that a developing country will find it easier to sell bonds to foreign investors.DocumentSome new evidence on determinants of foreign direct investment in developing countries
Policy Research Working Papers, World Bank, 1995An export orientation is the strongest variable explaining why a country attracts foreign direct investment.Singh and Jun expand on earlier studies of the determinants of foreign direct investment (FDI) by empirically analyzing various factors --- including political risk, business conditions, and macroeconomic variables --- that influence direct investment flows to developing countries.TheyDocumentForeign direct investment, other capital flows and current account deficits : what causes what? / Maxwell J. Fry ... [et al.]
Policy Research Working Papers, World Bank, 1995The more liberal a country's foreign exchange system, the more foreign direct investment is likely to be independent of current account and other capital flows.Fry, Claessens, Burridge, and Blanchet examine flows of foreign direct investment to 46 developing countries to test whether such flows are autonomous or accommodating vis a vis the current account and other capital flows.Using GrangeDocumentEconomic performance in small open economies : the Caribbean experience, 1980 - 1992
Policy Research Working Papers, World Bank, 1995Six small Caribbean islands did remarkably well during a period of significant economic problems, while four larger islands did poorly. Why? The difference in performance cannot be explained by external shocks alone.McCarthy and Zanalda study the economic performance of ten Caribbean islands from 1980 to 1992.Pages
