Social and Behavioral Sciences Commons^™

Curbing Environmental Degradation To Balance Sustainable Development: Evidence From China, Muneza Kagzi, Vishal Dagar, Nadia Doytch, Deepika Krishnan, Manisha Raj

Ateneo School of Government Publications

To achieve the goals of sustainable development, it is crucial to check the balance of increased level of international trade along with financial development, foreign direct investment (FDI), energy consumption, and institutional advancement with the quality of the environment. This study focuses on how these variables have caused environmental degradation in China. To achieve Goal 13 of the Sustainable Development Goals (SDGs), i.e. to increase the nation's resilience to natural disasters and hazards related to climate change, to promote climate action and safeguard life as part of sustainable development, this involves the analysis of time-series data sets from 1975 to …

The Provenances And Postscripts Of 1989, Jokubas Salyga

Political Science Faculty Publications and Presentations

The books under review exemplify some of the finest recent work on the historically informed political economy of Central and Eastern Europe. While different in their conceptual frameworks and geographical foci, the titles converge in the advancement of nuanced and convincing arguments, displaying both theoretical acuity and empirical depth to great effect. Bartel, Fabry, and Pula all share a resolute dedication to illuminating the under-explored provenances of neoliberalism and/or globalization in the region, that predate the annus mirabilis of 1989. Their contributions situate the ‘Eastern bloc’ states within the contours of evolving global political economy and the existential crises engulfing …

The Impact Of Financial Development On The Attractiveness Of Foreign Direct Investment In The Mena Region, Trojette Ines, Nestor Odjoumani

Topics in Middle Eastern and North African Economies

This paper analyzes the role of the quality of governance on financial development to create favorable conditions to attract FDI in the MRNA region. Using a panel data and GMM method from 1985 to 2021, results show that the banking development variables (credit to the private sector) and capital account openness improve the attractiveness of FDI inflows. This effect is higher for countries above the governance threshold. However, the effects of the stock market variables (stock market value traded and capitalization) are significant and positive only in the developed group beyond a certain level of governance. Besides, the impacts of …

An Empirical Study: Evaluating The Impact Of Economic, Human Resource, And Governance Factors To Foreign Direct Investment, Yuan-Yuan Lee

CGU Theses & Dissertations

The economic crisis in 2008 prompted the restructuring of the world economic and trade patterns. The global supply chain began to restructure, and international investment presented more diversified features. The COVID-19 Pandemic brings a new global economic crisis. which is likely to negatively impact many businesses that rely heavily on the Chinese market. Quarantine policies have forced people to stay at home, reducing public connectivity and leading to a slowdown in economic growth. The outbreak has also caused companies and factories to pause operations, affecting trade, travel, and consumption. International investors are increasingly concerned about economic uncertainties, which highlights the …

Money Moves: An Analysis Of Chinese Foreign Direct Investment In Europe, Susan Soh

Honors Theses

In recent years, China has begun engaging in outward foreign direct investment (FDI). There is a significant amount of literature dedicated to understanding China’s FDI in developing nations. However, very little research has been conducted over Chinese FDI in advanced economies. As a result of this gap in existing literature, the question arises, what explains Chinese FDI in Europe?

As FDI is a transaction to which both the donor and recipient countries must agree, this thesis has a dual focus. One chapter of the thesis analyzes the effects of and motivations for Chinese FDI on European nations. In this chapter, …

Primitive Accumulation And Multinational Corporations: The Evolution Of Dispossession And Exploitation In The Rubber Industry, Matthew Rochat

The Journal of International Relations, Peace Studies, and Development

I examine how the process of primitive accumulation has led to evolving forms of dispossession and exploitation carried out by multinational corporations in the rubber industry. After a brief review of relevant literature, I outline a novel analytical approach to multinational corporations engaged in natural resource extraction, referred to as the Parasitic Extraction Model. I then demonstrate this approach using three case studies. The first, Leopold II’s Congo, showcases the barbaric underpinnings of primitive accumulation in the rubber industry in its crudest form. The subsequent section shifts to the interwar period with Fordlândia in the Brazilian Amazon where I analyze …

Urban Utopia Or Pipe Dream? Examining Chinese-Invested Smart City Development In Southeast Asia, Yujia He, Angela Tritto

Patterson School of Diplomacy and International Commerce Faculty Publications

With increasing public–private partnership and international cooperation in smart city development across the Global South, Chinese firms are poised to take advantage of growing business opportunities, a situation that few studies have examined. This empirical case study of the Forest City, a Chinese-invested greenfield smart city project in Iskandar Malaysia, begins to fill that gap. This megaproject represents the coming together of overlapping economic development interests of the local authorities and the profit motivations of the Chinese investor. However, the project’s use of the ‘smart city’ discourse contrasts with the reality of limited technology adoption. Its visibility and considerable socio-economic …

Towards Economic Growth And Development: The Role Of Development Finance Institutions In Fostering Foreign Direct Investment In Sub-Saharan Africa, Carmen Cagiza

Doctoral Projects

This dissertation contributes to the debate on economic development in developing countries through the analyses of four related strands of literature – the FDI and growth literature, the literature on finance and development, the DFI and growth literature, aid, institutions and economic development. The present research seeks to contribute to the debate on the effect of DFIs on FDI and consequently on economic development in developing economies to bridge the existing funding gap and thus ensure these economies achieve the global shared vision of sustainable development of the United Nations 2030 agenda. We acknowledge that development is triggered by economic …

Insurgency, Political Risk, And Foreign Direct Investment Inflows In Nigeria: A Sectorial Analysis, Danjuma Iyaji

CBN Journal of Applied Statistics (JAS)

This study examines, among others, the effect of terrorism, political violence, corruption, and religious tension on FDI inflows to the banking, construction, manufacturing, oil and gas, and telecommunication sectors in Nigeria. Thus, empirical models were estimated using the fully modified ordinary least squares (FMOLS) technique. The study spans from 2008Q1 to 2017Q4. Findings show that terrorism adversely affects FDI inflow to telecommunication sector, while corruption positively impacts on the oil and gas sector. Thus, this study among other things, recommends the intensification of effort in the war against terrorism and strengthening of relevant anti-graft agencies to adequately fight corruption in …

Networks, Stocks, And Climate Change: A New Approach To The Study Of Foreign Investment And The Environment, Andrew Jorgenson, Rob Clark, Jeffery Kentor, Annika Marie Rieger

Research Collection School of Social Sciences

This study offers a new approach to the study of foreign direct investment (FDI) and the environment. We argue that both the accumulation of inward FDI and a nation's position in the global network of FDI could facilitate either environmentally beneficial spillover effects and technology transfers or the outsourcing and distancing of environmentally harmful and ecologically unsustainable economic activities. In other words, the environmental impacts, good or bad, are potentially greater for nations that occupy more central positions in the world's FDI network and for nations with relatively larger amounts of inward FDI. To test these arguments, we estimate cross-national …

External Sector Liberalization And Output Growth In Nigeria, Emmanuel A. Onwioduokit, Obong E. Effiong

Bullion

The paper investigates the impact of external sector liberalization (foreign direct investment, external debt stock, trade openness and exchange rate) on the output growth in Nigeria from the period 1981 to 2019, utilizing correlation analysis, Granger causality test and vector autoregression (VAR). The results indicate that foreign direct investment, external debt stock, trade openness and exchange rate all correlate positively with gross domestic product. Also, the granger causality test indicates that foreign direct investment, trade openness and exchange rate granger cause the output growth in Nigeria. From the VAR result foreign direct investment exerted positive and significant impact on the …

Three Essays On The Relationship Between Policy Uncertainty And Foreign Direct Investment, Chikezie Kenneth Okoli

Dissertations

Foreign direct investment (FDI) occurs when an entity in one country establishes a significant degree of ownership in an enterprise in another country. FDI is a critical component in ensuring the development of any economy. It often aids with the development of an industry or sector within an economy by bringing in capital, new technologies, manufacturing methodologies, and managing expertise to the receiving country. This dissertation examines the relationship between policy uncertainty and foreign direct investment (FDI) in developed economies.

The first essay focuses on U.S. policy uncertainty and its effects on U.S. FDI inflows, while the second essay focuses …

The Determinants And Consequences Of Foreign Direct Investment, Alexandra Dinu Troidl

Theses and Dissertations

This dissertation examines the regional economic effects of foreign direct investment (FDI). FDI is known to have benefits for both national and regional economies. These benefits include an increasing number of higher paying jobs, productivity spillovers for local firms, and elevated economic development (SelectUSA, 2020). Many governments compete to attract large FDI projects, often through the use of controversial incentive packages. Incentives are criticized because it is not clear that they affect the location of FDI and furthermore, whether the benefit of incentives outweigh the costs (Bartik, 2018).

In the first paper, I assess the impact of incentives on the …

Causality Analysis Of Disaggregated Fdi Inflows On Sectorial Growth In Oecd Area, Lawrence Ogbeifun, Olatunji Abdul Shobande

Faculty and Student Publications

This article revisits the link between disaggregated Foreign Direct Investment (FDI) inflows and sectorial growth using the panel dataset of 25 Organisation for Economic Co-operation and Development (OECD) countries for the period 1990 to 2017. It adopted the panel fixed effect and Feasible Generalized Least Squares Approach in its analysis. The findings show that disaggregated FDI inflows have the potential to improve growth in the OECD area with adverse effects on domestic investment and inflationary pressure. Additionally, the results further indicate that disaggregated FDI inflows have a positive and significant relationship on the service and manufacturing sector but with no …

Labor Rights And Foreign Direct Investment In Latin America: The Empirical Analysis Of Proximity Hypothesis, Cesar H. Villegas

Theses and Dissertations

What impact do labor rights practices have on foreign direct investment (FDI) in Latin America? While existing research shows how participation in the global production network influences host country’s labor standards, few studies delve into reversed causal mechanisms whereby changes in labor standards affects FDI inflows. While conventional wisdom says protection of labor rights has negative influence on FDI, I argue that for Latin American countries, practical protection of labor rights attracts FDI. Practical protection of labor right acts as a proxy and signals that host government could protect foreign assets that are under the risk of expropriation. I expect …

Environmental Degradation And Economics Growth: Testing The Environmental Kuznets Curve Hypothesis (Ekc) In Six Asean Countries, Zhen Yang (Rex) Chng

Journal of Undergraduate Research at Minnesota State University, Mankato

Environmental issues have been widely reported in recent years. From climate change to plastic waste, environmental quality is deteriorating at an unprecedented speed in human history. Environmental degradation is believed to have tied to the different stages of a country’s economic growth, as the Environmental Kuznets Curve (EKC) hypothesis suggested. Despite the proliferation of research about the EKC hypothesis, no consensus has been reached in the field regarding the validation of the hypothesis. This paper employs time-series methods to empirically investigates the impacts of economic growth, trade openness, energy consumption, and foreign direct investment on environmental degradation in six selected …

Asymmetric Effects Of Cultural Institutes On Trade And Foreign Direct Investment, Donald Lien, Melody Lo, David Bojanic

Business and Information Technology Faculty Research & Creative Works

The Purpose of a Cultural Institute is to Improve International Relations with Other Countries by Promoting Language Familiarity and Cultural Awareness. in Addition, Cultural Institutes Can Provide Additional Business Opportunities that Lead to Positive Economic Side Effects Such as Increases in Trade and Foreign Direct Investment (FDI). in This Study, Gravity Models Were Used to Analyse the Data for the Goethe Institut (Germany), the Cervantes Institute (Spain) and the Confucius Institute (China) to Identify Any Stylised International Patterns of the Documented Economic Effects. the Study Finds Significant Positive Effects on Bilateral Trade and FDI Outflows for All Three Programmes, Along …

International Migration And Fdi: Can Migrant Networks Foster Investments Toward Origin Countries?, Trang Heidi Luu

Honors Projects

With the growing trends of international migration, the literature looking at the economic impact of migrants has also expanded, focusing on both the perspectives of the host and the origin countries in regard to various aspects such as labor force growth, GDP growth, and poverty rates. In the specific literature investigating the impact of migrants on origin countries, FDI is a key factor that cannot be overlooked, as it can play an essential role in the economic development of origin countries. Studies in this area have hypothesized that migrants’ impact on FDI is positive, since the information about the origin …

Efecto De La Inversión Extranjera Directa En El Crecimiento De Las Empresas Del Sector De Alojamiento En Las Zonas Afectadas Por El Conflicto Armado En Colombia, Jaime Andrés Fernández Suarez, Miguel Angel González Sánchez, Diego Alexander Jiménez Vargas

Finanzas y Comercio Internacional

El presente trabajo tiene como objetivo determinar el efecto de la Inversión Extranjera Directa en adelante IED en las empresas del sector de alojamiento entre 2010 y 2018 para las empresas ubicadas en las zonas afectadas por el conflicto, por medio de la recolección de información de un determinado grupo de empresas previamente segmentadas y el análisis del comportamiento de la IED para este mismo periodo de tiempo. Ya que la IED es determinante en el desarrollo de las economías por su contribución con respecto a la transferencia de capitales, estándares y tecnología, podemos contrastar esto, con el hecho de …

Do Economic Linkages Through Fdi Lead To Institutional Change? Assessing Outcomes In Kazakhstan, Azerbaijan And Kyrgyzstan, Rachel Vanderhill, Sandra F. Joireman, Roza Tulepbayeva

Political Science Faculty Publications

Foreign direct investment (FDI) can deliver benefits beyond the provision of capital, such as efficiency gains. We argue that the theorised positive effects of economic linkage are reduced when linkages are based on natural resources. Domestic elite coalitions supporting reform are also weaker in countries with extensive natural resources. Kazakhstan and Azerbaijan have high-value natural resources and significant FDI, making them most likely cases for reform. Kyrgyzstan is a contrasting case as it has few natural resources. We find that the institutional reforms we would anticipate because of linkages have not occurred and those that exist are often cosmetic.

Pitfalls In The Use Of Foreign Direct Investment Statistics, Clare O'Mahony, Frank Barry

Articles

Foreign direct investment (FDI) statistics are widely used to study the impact of international capital movements and multinational enterprise (MNE) activities. FDI-intensity is also an important indicator of globalisation and economic integration. Datasets spanning long time periods and with broad country coverage have been employed in numerous studies to analyse various aspects of the determinants and consequences of FDI. Focusing on a relatively homogeneous group of six Western European EU countries, the present study finds major inconsistencies in the construction and coverage of these data both through time and across countries, leading to large discrepancies. Asymmetries will be far greater …

Chinese Economic Development And Its Global Implications, Robert T. Hill

Honors Undergraduate Theses

While Chinese economic development is often at the forefront of conversations by scholars shaping economic policy, further investigation into the state of China's economy has left a gap in research. Through analyzing the 13th Five Year Plan (FYP) and looking specifically at the effect it will have on unemployment, international trade, overcapacity rates, and the Belt and Road Initiative, the goal of this research is to understand if China will be able to obtain sustained economic growth. In order to achieve this, this research employs a qualitative discourse analysis, focusing on pre-existing works that discuss Chinese economic development. It will …

State-Level Fdi And Within-Occupation Wage Inequality In The United States, Miao Wang, M. C. Sunny Wong, Hong Zhuang

Economics Faculty Research and Publications

Our paper explores the relationship between inward foreign direct investment (FDI) and within-occupation wage inequality at the state level in the U.S. We argue that sectoral FDI may affect different occupations differently, and our study looks at possible heterogeneous effects of sectoral FDI on wage inequality for 22 occupations. Using data over 1999–2007, our results show that state-level manufacturing FDI tends to reduce wage inequality, measured by the ratio of the 90th percentile wage and the 10th percentile wage in an occupation. Manufacturing FDI is significantly associated with less wage inequality in the production occupations and the construction and extraction …

Governing Chinese Engagement With The Hydrocarbon-Rich Countries; Examining Chinese Investment In The Hydrocarbon Sector Of Canada And Russia, Anastasia Ufimtseva

Theses and Dissertations (Comprehensive)

China’s global quest for energy has been one of the most fascinating developments of the past twenty years. As Chinese state-owned enterprises (SOEs) have increasingly gone ‘global’ in search of energy resources, scholars have explored the rationale and implications of China’s investment abroad. However, existing studies have yet to examine the ability of Chinese SOEs to complete the intended investment projects. Several studies that have noted this gap suggest that researchers should examine the ability of Chinese SOEs to adapt to different institutional environments (Smith and D’Arcy 2013) and to analyze the responses of local stakeholders to Chinese SOEs’ engagement …

Impact Of Infrastructure On Economic Growth: A Panel Data Approach Using Pmg Estimator, Esra Kabaklarli, Fatih Mangir, Bansi Sawhney

International Review of Business and Economics

Growth theory asserts that infrastructure investments promote economic growth by improving the quality of life and increasing private sector productivity . Transport services, water utility services and telecommunication services provide better facilities to attract FDI (foreign direct investment) and increase productivity across sectors. The aim of this article is to analyze whether transport infrastructure investments have a strong effect on the economic growth. It also attempts to analyze the differential impact of each type of infrastructural spending on economic growth. Our data set covers annual data from 1993 to 2015 period for 15 OECD countries (Austria, Turkey, Czech Republic, Spain, …

Does Foreign Direct Investment Lead To Industrial Agglomeration?, Wen-Tai Hsu, Yi Lu, Xuan Luo, Lianming Zhu

Research Collection School Of Economics

This paper studies the effect of foreign direct investment (FDI) on industrial agglomeration. Using the differential effects of FDI deregulation in 2002 in China on different industries, we find that FDI actually affects industrial agglomeration negatively. This result is somewhat counter-intuitive, as the conventional wisdom tends to suggest that FDI attracts domestic firms to cluster for various agglomeration benefits, in particular technology spillovers. To reconcile our empirical findings and the conventional wisdom, we develop a theory of FDI and agglomeration based on two counter-veiling forces. Technology diffusion from FDI attracts domestic firms to cluster, but fiercer competition drives firms away. …

Essays On Natural Resources And Economic Development, Ahsan Kibria

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

This dissertation studies the political economy of natural resources and how these resources may pose an opportunity or a threat to a country and comprises three essays.

The first essay explores how economic development can impact the consumption behavior of natural resources, with focus on fossil fuels. It suggests the existence of an inverted U-shaped relationship between fossil fuel share in the energy mix and economic development. Particularly, the essay illustrates an evidence that fossil fuel's share in the energy mix increases as a country develops, however, after reaching a real income per capita of around US$16,000, the country reduces …

Why Not Mexico? Policy Recommendations For A Globally-Oriented Economic Strategy, Víctor Manuel Hernández-Rodríguez

CMC Senior Theses

Mexico, one of the world’s largest economies and an increasingly relevant actor in international affairs, is at a crucial point in defining its future policy course. Given the uncertainty surrounding the global economy, as well as the political situation in Mexico, it is important to have a clear vision for policy going forward. This thesis offers a foundation for a national economic strategy with a long-term vision, upon which future administrations can build as appropriate to maximize on the country’s economic potential. The task is undertaken through a three-part approach. First, a thorough and analytical overview of the country’s economic …

Global Production Networks, Foreign Direct Investment, And Supplier Linkages In The Integrated Peripheries Of The Automotive Industry, Petr Pavlínek

Geography and Geology Faculty Publications

This article examines the regional development effects of foreign direct investment (FDI) in the integrated peripheries of the automotive industry by analyzing supplier linkages between foreign subsidiaries and domestic firms. It develops the spatial concept of integrated peripheries in core-based macroregional production networks. Conceptually, it draws on the dynamic notion of uneven development in contemporary capitalism, namely, on David Harvey’s spatiotemporal fix and on the global production networks concept of strategic coupling to investigate the mode of articulation of integrated peripheries into macroregional production networks. Empirically, it analyzes the quantity and quality of supplier linkages in the automotive industry of …

Us Net Foreign Direct Investment: Determinants And Implications, Ryan Gomez

Honors Theses

Political campaigns always churn the political spectrum on the issue of outsourcing and international trade with the 2017 presidential primary being no exception. Are politicians, like Bernie Sanders and Donald Trump, correct when preaching the economic negatives associated with outsourcing? Are they considering the right factors? Could it be that a strictly negative outlook on outsourcing is economically inappropriate in determining future policy? In an attempt to answer these questions, this paper will critically analyze the impact of incoming and outgoing Foreign Direct Investment (FDI) in the USA. Specifically, this study will use determinants of Net FDI (NFDI), where NFDI …