Foreign Direct Investment and Women Empowerment: New Evidence on Developing Countries

Foreign Direct Investment and Women Empowerment: New Evidence on Developing Countries

Author: Rasmané Ouedraogo

Publisher: International Monetary Fund

Published: 2018-03-05

Total Pages: 45

ISBN-13: 1484344847

DOWNLOAD EBOOK

This paper assesses the effects of foreign direct investment (FDI) on gender development and gender inequality. In fact, FDI through increased labor demand, technological spillovers but mostly through corporate social responsibility and economic growth, can potentially influence women’s welfare. Using a panel dataset of 94 developing countries from 1990 to 2015, we find that FDI inflows improve women’s welfare and decrease gender inequality. However, the impact is lower in countries where women have low access to resources and face a heavier burden to open a business. This suggests that for countries to fully benefit from FDI inflows, they should ensure that women can enjoy free access to the labor market and associated income.


Foreign Direct Investment and Women Empowermwent

Foreign Direct Investment and Women Empowermwent

Author: Rasmane Ouedraogo

Publisher:

Published: 2018

Total Pages: 45

ISBN-13:

DOWNLOAD EBOOK

This paper assesses the effects of foreign direct investment (FDI) on gender development and gender inequality. In fact, FDI through increased labor demand, technological spillovers but mostly through corporate social responsibility and economic growth, can potentially influence women’s welfare. Using a panel dataset of 94 developing countries from 1990 to 2015, we find that FDI inflows improve women’s welfare and decrease gender inequality. However, the impact is lower in countries where women have low access to resources and face a heavier burden to open a business. This suggests that for countries to fully benefit from FDI inflows, they should ensure that women can enjoy free access to the labor market and associated income.


Some New Evidence on Determinants of Foreign Direct Investment in Developing Countries

Some New Evidence on Determinants of Foreign Direct Investment in Developing Countries

Author: Harinder Singh

Publisher:

Published: 1999

Total Pages:

ISBN-13:

DOWNLOAD EBOOK

November 1995 An export orientation is the strongest variable explaining why a country attracts foreign direct investment. Singh and Jun expand on earlier studies of the determinants of foreign direct investment (FDI) by empirically analyzing various factors -- including political risk, business conditions, and macroeconomic variables -- that influence direct investment flows to developing countries. They try to fill a gap in the literature by examining qualitative factors. Using a pooled model of developing countries, they test three groups of hypotheses on what influences direct investment -- that political risk matters, that business conditions matter, that macroeconomic variables matter. Tests of the first hypothesis indicate that a qualitative index of political risk is a significant determinant of FDI flows for countries that have historically attracted high FDI flows. For countries that have not attracted such flows, sociopolitical instability (proxied by work hours lost in industrial disputes) has a negative impact on investment flows. Tests of the second hypothesis show that a general qualitative index of business operation conditions is an important determinant of FDI in countries that receive high flows. This country group also shows a positive relationship between taxes on international transactions and FDI flows -- supporting the tariff hopping hypothesis. Results from tests of the third hypothesis reveal that exports generally, especially manufacturing exports, are a significant determinant of FDI flows for countries in which FDI is high. This hypothesis is supported by standard regression analysis and by Granger causality tests, which indicate that the feedback is predominantly from exports to FDI. Export orientation is the strongest variable for explaining why a country attracts FDI. This finding is in line with the secular trend toward increasing complementarity between trade and FDI. This paper -- a product of the International Finance Division, International Economics Department -- is part of a larger effort in the department to analyze private capital flows and their policy implications for developing countries.


Does Foreign Direct Investment Promote Development?

Does Foreign Direct Investment Promote Development?

Author: Theodore H. Moran

Publisher: Peterson Institute

Published: 2005

Total Pages: 442

ISBN-13: 9780881323818

DOWNLOAD EBOOK

This volume gathers the cutting edge of new research on foreign direct investment and host country economic performance, and presents the most sophisticated critiques of current and past inquiries. It presents new results, concludes with an analysis of the implications for contemporary policy debates, and proposed new avenues for future research.


Foreign Direct Investment in Developing Countries

Foreign Direct Investment in Developing Countries

Author: Sarbajit Chaudhuri

Publisher: Springer

Published: 2014-07-08

Total Pages: 327

ISBN-13: 8132218981

DOWNLOAD EBOOK

In development literature Foreign Direct Investment (FDI) is traditionally considered to be instrumental for the economic growth of all countries, particularly the developing ones. It acts as a panacea for breaking out of the vicious circle of low savings/low income and facilitates the import of capital goods and advanced technical knowhow. This book delves into the complex interaction of FDI with diverse factors. While FDI affects the efficiency of domestic producers through technological diffusion and spill-over effects, it also impinges on the labor market, affecting unemployment levels, human capital formation, wages (and wage inequality) and poverty; furthermore, it has important implications for socio-economic issues such as child labor, agricultural disputes over Special Economic Zones (SEZ) and environmental pollution. The empirical evidence with regard to most of the effects of FDI is highly mixed and reflects the fact that there are a number of mechanisms involved that interact with each other to produce opposing results. The book highlights the theoretical underpinnings behind the inherent contradictions and shows that the final outcome depends on a number of country-specific factors such as the nature of non-traded goods, factor endowments, technological and institutional factors. Thus, though not exhaustive, the book integrates FDI within most of the existing economic systems in order to define its much-debated role in developing economies. A theoretical analysis of the different facets of FDI as proposed in the book is thus indispensable, especially for the formulation of appropriate policies for foreign capital.


Foreign Direct Investment and Development

Foreign Direct Investment and Development

Author: Theodore H. Moran

Publisher: Peterson Institute

Published: 1998

Total Pages: 220

ISBN-13: 9780881322583

DOWNLOAD EBOOK

Explores three related issues of foreign direct investment (FDI) from the point of view of the host country: benefits and risks; the effectiveness of international markets in providing FDI to developing countries; and the kinds of policies that allow countries to capture the benefits and avoid the risks of FDI. Annotation copyrighted by Book News, Inc., Portland, OR


Harnessing Foreign Direct Investment for Development

Harnessing Foreign Direct Investment for Development

Author: Theodore H. Moran

Publisher: CGD Books

Published: 2006

Total Pages: 190

ISBN-13: 1933286091

DOWNLOAD EBOOK

Is foreign direct investment good for development? Moving beyond the findings of his previous book Does Foreign Direct Investment Promote Development? (CGD and IIE, 2005), Theodore H. Moran presents surprisingly good --and startlingly bad --news. The good news highlights how foreign direct investment can make a contribution to development significantly more powerful and more varied than conventional measurements indicate. The bad news reveals that foreign direct investment can also distort host economies and polities with consequences substantially more adverse than critics and cynics have imagined. This book rigorously examines the principal controversies and debates about FDI in manufacturing and assembly, extractive industries, and infrastructure, in light of new evidence and analysis. Written in engaging prose, it identifies how developed and developing countries, multilateral lending agencies, and civil society can work in concert to harness foreign direct investment to promote the growth and welfare of developing countries.