Search Results - subject:"FOREIGN CAPITAL"

Mody, Ashoka; Murshid, Antu Panini - International Monetary Fund (IMF) - 2002

the rest of the world has increased access to foreign private capital, the relationship between foreign capital and … direct investment, have tended to strengthen the relationship between foreign capital and domestic investment. …

Persistent link: https://www.econbiz.de/10005826534

The Effect of Capital Controlson Foreign Direct Investment Decisions Under Country Risk with Intangible Assets

Elo, Kinga Z. - International Monetary Fund (IMF) - 2007

This paper examines how capital controls affect FDI decisions and how the impact of these restrictive measures varies with different levels of country risk. We construct a model of firms' FDI decisions, broadly in Dunning's "eclectic theory" framework, using "real options" to emphasize economic...

Persistent link: https://www.econbiz.de/10005769054

Finance and Convergence; What's Ahead for Emerging Europe?

Schellekens, Philip; Bems, Rudolfs - International Monetary Fund (IMF) - 2007

This paper singles out the key short-term risks and medium-term challenges related to finance and convergence in emerging Europe. With the help of a general equilibrium theoretical framework, the paper identifies pragmatic directions for policymakers. While the "speed limits" to capital inflows...

Persistent link: https://www.econbiz.de/10005826219

Domestic Bank Regulation and Financial Crises; Theory and Empirical Evidence From East Asia

Kletzer, Kenneth; Dekle, Robert - International Monetary Fund (IMF) - 2001

A model of the domestic financial intermediation of foreign capital inflows based on agency costs is developed for … after idiosyncratic firm-specific revenue shocks. The model generates dynamic relationships between foreign capital inflows …

Persistent link: https://www.econbiz.de/10005599585

A Solution to Two Paradoxes of International Capital Flow

Wei, Shang-Jin; Ju, Jiandong - International Monetary Fund (IMF) - 2006

International capital flows from rich to poor countries can be regarded as either too low (the Lucas paradox in a one-sector model) or too high (when compared with the logic of factor price equalization in a two-sector model). To resolve the paradoxes, we introduce a non-neoclassical model which...

Persistent link: https://www.econbiz.de/10005768844

Financial Globalization; A Reappraisal

Kose, M. Ayhan; Prasad, Eswar; Rogoff, Kenneth; Wei, … - International Monetary Fund (IMF) - 2006

The literature on the benefits and costs of financial globalization for developing countries has exploded in recent years, but along many disparate channels and with a variety of apparently conflicting results. For instance, there is still little robust evidence of the growth benefits of broad...

Persistent link: https://www.econbiz.de/10005263828

Israel; 2005 Article IV Consultation-Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Israel

International Monetary Fund (IMF); International … - 2006

This 2005 Article IV Consultation highlights that following a strong performance in 2004, Israelâ€™s economic expansion accelerated in 2005, supported by a relatively favorable global economic environment, an improvement in the security situation, and prudent policies. Real GDP grew at an...

Persistent link: https://www.econbiz.de/10011245506

The impact of foreign ownership on the performance of Romanian liste manufacturing companies

Mihai, Iuliana Oana; Mihai, Cosmin - In: The International Journal of Management Science and … (2013) 10-(Dec), pp. 106-123

The main objective of this paper is to investigate the relation between the foreign ownership and manufacturing firm performance. The study was conducted for the companies listed on Bucharest Stock Exchange, in both segments regulated and non-regulated. The final sample included 261 companies....

Persistent link: https://www.econbiz.de/10010368659

Explaining ASEAN-3â€™s Investment Puzzle A Tale of Two Sectors

Zhou, Yong Sarah - International Monetary Fund (IMF) - 2013

The prolonged investment decline in post-Asian crisis emerging Asia, in contrast to the swift recovery of economic growth, has remained a puzzle. This paper shows that the post-crisis investment recession has been mainly concentrated in the nontradable sector, and hypothesizes that the slowdown...

Persistent link: https://www.econbiz.de/10011142140

Foreign capital, Non-Traded Goods and Welfare in a Developing Economy in the presence of Externalities

Chaudhuri, Sarbajit - Volkswirtschaftliche Fakultät, … - 2013

of foreign capital generates externalities in the presence of a non-traded final commodity. There are two types of … foreign capital on social welfare and human capital formation are examined. The analysis finds that while capital that is used … welfare adversely. These results can at least question the desirability of allowing entry of foreign capital in the non …

Persistent link: https://www.econbiz.de/10011108912