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  • 1
    Language: English
    Pages: Online-Ressource (PDF-Datei: 27 S., 1.02 MB) , graph. Darst.
    Series Statement: Working papers on international investment 2010/03
    Series Statement: OECD working papers on international investment
    Keywords: Arbeitspapier ; Graue Literatur
    Note: Systemvoraussetzungen: Acrobat Reader.
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  • 2
    Language: English
    Pages: Online-Ressource (43 S.) , graph. Darst.
    Series Statement: OECD working papers on international investment 2013/02
    Series Statement: OECD working papers on international investment
    Keywords: investment policy reform ; segyehwa ; South Korea ; FDI Regulatory Restrictiveness Index ; foreign direct investment ; Finance and Investment ; Korea, Republic of ; Arbeitspapier ; Graue Literatur
    Abstract: As more and more countries seek to liberalise their foreign investment regimes to attract global flows of foreign direct investment (FDI), an essential question for policy-makers is no longer just what to reform but also how to reform. How is a reformist government to sell the idea of reform to the general public and to counter any opposition to reform? How are those who lose from reform in the short term to be compensated? Does sequencing of reforms matter? Korea offers a particularly interesting case study because its reforms beginning in the 1990s were both rapid and far-reaching. Based on the OECD FDI Regulatory Restrictiveness Index, Korea was the biggest reformer of its policies towards FDI between 1997 and 2010 among a sample of 40 developed and emerging countries. The objective of this study is to document the liberalisation of the FDI regime in Korea and to examine how and why it came about. What were the main obstacles and what were the main drivers? How did FDI liberalisation relate to other reforms (trade policy and regulatory reform, policies towards outward investment)? The paper does not ask what more Korea needs to do but rather what lessons can we draw from the Korean experience about how to achieve rapid and sustainable reforms? The insights from Korean liberalisation are useful for other countries, particularly non-OECD members in Asia and elsewhere, which still have high levels of statutory restrictions as measured by the FDI Index. Many of these countries are eager to attract more investment and recognise that they will need to reform their investment regime but are unsure how best to proceed. Each country?s reform path is unique, and this study will not provide a roadmap for other countries to follow, but it will nevertheless serve as a useful model for reformers in other countries and provide evidence that successful reform is accompanied by rising inflows of direct investment.
    Note: Systemvoraussetzungen: Acrobat Reader.
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  • 3
    ISBN: 9789264162983
    Language: English
    Pages: Online-Ressource (110 p.) , ill.
    Parallel Title: Druckausg.
    Parallel Title: Parallelausg. Investissement direct étranger et développement économique ; L'expérience de six économies émergentes
    Parallel Title: Druckausg. Thomsen, Stephen E., 1960 - Foreign direct investment and economic development
    RVK:
    RVK:
    Keywords: Auslandsinvestition ; Wirtschaftswachstum ; Schwellenländer ; Argentinien ; Brasilien ; Chile ; Indonesien ; Malaysia ; Philippinen ; Finance and Investment ; Konferenzschrift 1998 ; Direktinvestition ; Wirtschaftsentwicklung ; Internationaler Vergleich
    Abstract: This study examines the link between FDI and development in six dynamic non-Member economies: Argentina, Brazil, Chile, Indonesia, Malaysia and the Philippines. These countries have all adopted different policies towards FDI in the past, but to a great extent they are all converging on a more open approach. This greater openness, and the overall economic reforms of which FDI liberalisation is but one part, will provide a more fertile environment in which to reap the potential benefits from FDI. FDI can play a key role in improving the capacity of the host country to respond to the opportunities offered by global economic integration, a goal increasingly recognised as one of the key aims of any development strategy. In an environment made more competitive by a decade of economic reforms, many restrictions to FDI in these host countries are at best ineffective and at worst counter-productive.
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  • 4
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 27 p. , 21 x 29.7cm
    Series Statement: OECD Working Papers on International Investment no.2010/03
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  • 5
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 28 p. , 21 x 29.7cm
    Series Statement: OECD Working Papers on International Investment no.2000/02
    Keywords: Finance and Investment
    Abstract: Reports on trends in international direct investment tend to focus on recent developments. While such information is clearly of most relevance for policymakers and others interested in the pace and scale of globalisation, it fails to provide any perspective on the nature of globalisation itself. By their nature, recent developments give more weight to the cyclical element in global investment flows. A country’s performance in terms of annual inflows is often taken as a measure of the appropriateness of its policies and, by extension, of its relative attractiveness as a location for investment. Such important issues can only be assessed over a long time period and relying on more sources of information than simply flows of foreign direct investment (FDI). This study focuses on such long-term trends and includes, where appropriate, other estimates of multinational activity. By focusing on long-term patterns, this paper demonstrates how FDI has evolved from an activity largely ...
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  • 6
    Online Resource
    Online Resource
    Paris : OECD Publishing
    Language: English
    Pages: 34 p. , 21 x 29.7cm
    Series Statement: OECD Working Papers on International Investment no.1999/01
    Keywords: Finance and Investment
    Abstract: At a time of continuing financial crisis in Asia, the question of the appropriate policies for recovery and for future sustainable development is paramount. One area of particular importance is the treatment of foreign investors. Foreign direct investment (FDI) has played a leading role in many of the economies of the region, particularly in export sectors, and has been a vital source of foreign capital during the crisis. The four countries reviewed in this study — Indonesia, Malaysia, the Philippines and Thailand (referred to hereinafter as the ASEAN4) — have all to varying degrees welcomed inward investment for its contribution to exports. As a result, although only a small share of total investment or employment in each economy, FDI has been a key factor driving export-led growth in Southeast Asia. Foreign firms have by no means been the only actors, but they have played a leading role in those sectors with the fastest export growth such as electronics. Through such investment ...
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