Chanelling Domestic Saving into Productive Investment Under Asymmetric Information: The Essential Role of Foreign Direct Investment.

Foreign direct investment (FDI) is observed to be a predominant form of capital flows to low and middle income countries with insufficiently developed capital markets. This paper analyzes the problem of channelling domestic savings into productive investment in the presence of asymmetric information between the managing owners of firms and other portfolio stakeholders.

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Year of publication:	1997
Authors:	Razin, A. ; Sadka, E. ; Yuen, C.W.
Institutions:	Foerder Institute for Economic Research, Eitan Berglas School of Economics
Subject:	FOREIGN INVESTMENTS \| SAVINGS \| CAPITAL MARKET

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Series:	Tel Aviv.
Type of publication:	Book / Working Paper
Notes:	30 pages
Classification:	G10 - General Financial Markets. General ; O16 - Financial Markets; Saving and Capital Investment ; E20 - Consumption, Saving, Production, Employment, and Investment. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005647243