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01831cas a2200241 a 4500 |
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AALejournalIMF006490 |
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|c 5.00 USD
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|z 9781455201150
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a International Monetary Fund.
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|a FDI Flows to Low-Income Countries :
|b Global Drivers and Growth Implications.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2010.
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|a 1 online resource (38 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a What accounts for variations in FDI flows from advanced to developing countries? How have FDI inflows explained cross-country growth experiences? In this paper we tackle both these questions empirically for a large sample of middle and low-income countries. Two key results emerge: (i) lower borrowing costs and positive real-side external factors were increasingly important drivers of FDI outflows to low-income countries in the pre-crisis period; (ii) economic fundamentals, the strength of economic reforms, and commitment to macroeconomic discipline are crucial determinants of the growth dividends of FDI. Our paper suggests that low-income countries can turn to domestic policy solutions to mitigate the adverse effects of a potential decline in FDI in the post-crisis world.
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|a Mode of access: Internet
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|a IMF Working Papers; Working Paper ;
|v No. 2010/132
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2010/132/001.2010.issue-132-en.xml
|z IMF e-Library
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