Capital Flows And Foreign Direct Investments In Emerging Markets (centre For The Study Of Emerging Markets Series)

This book presents the latest findings on the impact of capital flows and foreign direct investments (FDI) on macroeconomic variables and financial development of emerging markets. Each chapter concentrates on a different region and explores the significance of specific factors that can attract FDI to that region. They highlight the importance of political stability, as well as social and economic freedom in attracting FDIs. The studies also show the extent by which African and Middle Eastern countries have lagged behind other emerging markets and the need for urgent adjustment policies. Cover......Page 1 Contents......Page 6 List of Tables......Page 8 List of Figures......Page 12 Notes on the Contributors......Page 14 Acknowledgements......Page 16 Preface......Page 18 1 Introduction......Page 20 2 The Effects of Capital Flows and Openness on Financial Development in Emerging Markets......Page 24 3 Macroeconomic Effects of Capital Flows: The Case of Mexico......Page 48 4 ‘Blind Bargaining’ and the Effects of Foreign Direct Investment on Recipient States: The Case of Post-Soviet and Eastern European Countries......Page 80 5 Foreign Exchange Risk Management in Emerging Markets: The Case of Malaysia......Page 114 6 Foreign Direct Investment in North Africa: A Comparative Perspective......Page 134 7 The Impact of Foreign Direct Investment on Trade: Evidence from Tunisia’s Trade......Page 152 8 Foreign Direct Investment Inflows into Emerging Markets: Driving Forces and Lessons for Africa......Page 164 9 Economic Growth and Foreign Direct Investment in the MENA Region: A Comparative Analysis......Page 182 Index......Page 196

This book presents the latest findings on the impact of capital flows and foreign direct investments (FDI) on macroeconomic variables and financial development of emerging markets. Each chapter concentrates on a different region and explores the significance of specific factors that can attract FDI to that region. They highlight the importance of political stability, as well as social and economic freedom in attracting FDI. The studies also show the extent by which African and Middle Eastern countries have lagged behind other emerging markets and the need for urgent adjustment policies.

Annotation This book presents the latest findings on the impact of capital flows and foreign direct investments (FDI) on macroeconomic variables and financial development of emerging markets. Each chapter concentrates on a different region and explores the significance of specific factors that can attract FDI to that region. They highlight the importance of political stability, as well as social and economic freedom in attracting FDI. The studies also show the extent by which African and Middle Eastern countries have lagged behind other emerging markets and the need for urgent adjustment policies "This book is a collection of eight studies on the impact of capital flows and foreign direct investments (FDIs) in emerging economies. The authors examine the extent to which macroeconomic variables and financial development of different countries can be affected by capital flows. The regions under investigation include Asia, Latin America, Eastern and Central Europe, North Africa and the Middle East."--Jacket