Publication:
The Impact of Investment Policy in a Changing Global Economy: A Review of the Literature

Simple item page
dc.contributor.authorEchandi, Roberto
dc.contributor.authorKrajcovicova, Jana
dc.contributor.authorQiang, Christine Zhenwei
dc.date.accessioned2015-11-05T15:38:31Z
dc.date.available2015-11-05T15:38:31Z
dc.date.issued2015-10
dc.description.abstractEvidence shows that foreign direct investment can provide many benefits to host countries, including productivity improvements, better jobs, and knowledge transfer. Further, it can serve as a vehicle for transformation of domestic production and better integration with global value chains. Nonetheless, these benefits are not automatic. Investment policies are required to maximize the potential gains of foreign direct investment. One challenge is that there are different kinds of foreign direct investment, and each may have different economic, social, and environmental impacts. However, the literature analyzing foreign direct investment often tends to swing from an extremely case-specific focus — analyzing experiences in one particular country in a single sector during a given period — to lumping together the analysis as if it was a homogenous phenomenon. Investment policy formulation requires a framework sophisticated enough to differentiate between the various kinds of foreign direct investment, as well as potential challenges and benefits for development. It must also be simple enough to enable governments to organize and prioritize the multiple and complex variables affecting the maximization of investment benefits. This paper presents an overview of the literature on the impact of foreign direct investment. The paper argues that a logical framework is needed to organize existing evidence from research to fill gaps in the literature and make existing evidence more useful in targeting policy making.en
dc.identifierhttp://documents.worldbank.org/curated/en/2015/10/25147224/impact-investment-policy-changing-global-economy-review-literature
dc.identifier.doi10.1596/1813-9450-7437
dc.identifier.urihttps://hdl.handle.net/10986/22859
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 7437
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectTAX INCENTIVES
dc.subjectWITHDRAWAL
dc.subjectINVESTMENT PLANS
dc.subjectMARKET STRUCTURE
dc.subjectFOREIGN CAPITAL
dc.subjectEQUIPMENT
dc.subjectCHECKS
dc.subjectTAX RATES
dc.subjectFOREIGN INVESTMENT
dc.subjectINVESTMENT PROMOTION
dc.subjectSTOCK
dc.subjectFOREIGN INVESTORS
dc.subjectMULTILATERAL INVESTMENT GUARANTEE AGENCY
dc.subjectTAX INCENTIVES
dc.subjectINTEREST
dc.subjectFOREIGN OWNERSHIP
dc.subjectGUARANTEES
dc.subjectARM
dc.subjectINVESTMENT REGULATIONS
dc.subjectINVESTMENT POLICIES
dc.subjectEMERGING ECONOMIES
dc.subjectPRIVATE CREDIT
dc.subjectINVESTOR PROTECTION
dc.subjectEXCHANGE
dc.subjectDOMESTIC MARKET
dc.subjectDEVELOPING COUNTRIES
dc.subjectASSET
dc.subjectEXPORTERS
dc.subjectREVENUES
dc.subjectJOINT VENTURES
dc.subjectINVESTMENT ENVIRONMENT
dc.subjectREINVESTMENTS
dc.subjectMARKET SHARES
dc.subjectINCENTIVES
dc.subjectTAX
dc.subjectOWNERSHIP
dc.subjectJOINT VENTURES
dc.subjectINCOME TAX
dc.subjectTREATIES
dc.subjectMARKET ACCESS
dc.subjectINTERNATIONAL BANK
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectINFORMATION ASYMMETRIES
dc.subjectINSTRUMENTS
dc.subjectDISPUTE RESOLUTION
dc.subjectPOLITICAL RISKS
dc.subjectBUDGET
dc.subjectCONVERSION
dc.subjectFOREIGN MARKETS
dc.subjectSTATUTORY TAX RATES
dc.subjectAMOUNT OF CAPITAL
dc.subjectLABOR MARKET
dc.subjectARBITRATION
dc.subjectLACK OF TRANSPARENCY
dc.subjectGLOBAL ECONOMY
dc.subjectCURRENCY
dc.subjectEXTENSIVE
dc.subjectEXPORT GROWTH
dc.subjectTELECOMMUNICATIONS
dc.subjectCONTRACT ENFORCEMENT
dc.subjectHOST ECONOMY
dc.subjectINVESTMENT OPERATIONS
dc.subjectPORTFOLIOS
dc.subjectMULTILATERAL INVESTMENT GUARANTEE AGENCY
dc.subjectDOMESTIC CAPITAL
dc.subjectHOST COUNTRIES
dc.subjectCONTRACTS
dc.subjectTAX EXEMPTIONS
dc.subjectARBITRAL AWARDS
dc.subjectFOREIGN FIRMS
dc.subjectINVESTMENT INCENTIVES
dc.subjectGLOBALIZATION
dc.subjectMARKETS
dc.subjectMULTINATIONAL COMPANIES
dc.subjectRETURN
dc.subjectSETTLEMENT
dc.subjectACCUMULATION
dc.subjectENTRY BARRIERS
dc.subjectINVESTMENT CLIMATE CONDITIONS
dc.subjectDIRECT INVESTMENT
dc.subjectTAX REVENUES
dc.subjectINVESTMENT OPPORTUNITIES
dc.subjectINVESTMENT AGREEMENTS
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectTAX REVENUES
dc.subjectRETURN ON ASSETS
dc.subjectFINANCE
dc.subjectTAXES
dc.subjectACCESS TO INFORMATION
dc.subjectTAX COMPETITION
dc.subjectINVESTMENT DECISIONS
dc.subjectTRANSACTIONS
dc.subjectINVESTMENT FLOWS
dc.subjectINVESTMENT REGIMES
dc.subjectEMERGING MARKETS
dc.subjectPOTENTIAL INVESTORS
dc.subjectEQUITY
dc.subjectTRANSACTION
dc.subjectINVESTORS
dc.subjectMACROECONOMIC INSTABILITY
dc.subjectTAX CREDIT
dc.subjectGOOD
dc.subjectINVESTMENT POLICIES
dc.subjectTAX RATE
dc.subjectINVESTMENT PROMOTION
dc.subjectSTATUTORY TAX RATES
dc.subjectTRANSPARENCY
dc.subjectINTERNATIONAL INVESTMENT
dc.subjectINTERNATIONAL PORTFOLIOS
dc.subjectTURNOVER
dc.subjectFUTURE
dc.subjectVALUE
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectCONTRACTUAL RELATIONSHIPS
dc.subjectRETURNS
dc.subjectFOREIGN INVESTMENT
dc.subjectINVESTOR CONFIDENCE
dc.subjectCONTRACT
dc.subjectINVESTMENT PATTERNS
dc.subjectTAX COMPETITION
dc.subjectPROPERTY
dc.subjectINVESTMENT TAX CREDITS
dc.subjectTAX RATES
dc.subjectSHARES
dc.subjectAFFILIATED ORGANIZATIONS
dc.subjectASSETS
dc.subjectMARKET
dc.subjectEMERGING
dc.subjectEQUITY INVESTMENT
dc.subjectINVESTMENT POLICY
dc.subjectTAX RATE
dc.subjectINVESTMENT DECISIONS
dc.subjectMULTINATIONAL FIRMS
dc.subjectINVESTMENT CLIMATE CONDITIONS
dc.subjectINSURANCE
dc.subjectEXPROPRIATION
dc.subjectFOREIGN FIRMS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectINTERESTS
dc.subjectTAX CREDITS
dc.subjectINVESTOR
dc.subjectGOODS
dc.subjectFIXED ASSETS
dc.subjectDOMESTIC INVESTMENT
dc.subjectGLOBAL TRADE
dc.subjectSECURITY
dc.subjectINVESTMENT OPERATIONS
dc.subjectSTOCKS
dc.subjectFOREIGN INVESTORS
dc.subjectINVESTMENT
dc.subjectINVESTMENT CLIMATE
dc.subjectHOST COUNTRY
dc.subjectSHARE
dc.subjectINVESTOR PROTECTION
dc.subjectINVESTMENT FLOWS
dc.subjectINVESTMENT CLIMATE
dc.subjectPOVERTY
dc.subjectINVESTMENT TAX CREDITS
dc.subjectTREATY
dc.subjectCONTRACT ENFORCEMENT
dc.subjectAFFILIATED
dc.subjectPOLITICAL STABILITY
dc.subjectREVENUE
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectINVESTMENTS
dc.subjectFOREIGN OWNERSHIP
dc.subjectINVESTMENT ENVIRONMENT
dc.subjectINVESTMENT INCENTIVES
dc.subjectINTERNATIONAL INVESTMENT AGREEMENTS
dc.subjectINCOME TAX RATE
dc.subjectINVESTMENT PLANS
dc.subjectTRANSITION ECONOMIES
dc.subjectCOMMODITIES
dc.subjectHOST ECONOMIES
dc.subjectINVESTMENT CLIMATE CONDITIONS
dc.subjectPROFITS
dc.subjectCAPITAL INVESTMENT
dc.subjectLABOR MARKETS
dc.subjectINVESTMENT REGULATIONS
dc.subjectFOREIGN EQUITY
dc.subjectEXPORT SHARE
dc.subjectGUARANTEE
dc.subjectDOMESTIC INVESTMENT
dc.subjectINTERNATIONAL INVESTMENT AGREEMENTS
dc.subjectPOLITICAL RISK
dc.subjectMULTINATIONAL COMPANIES
dc.subjectCOMPETITION
dc.subjectINVESTING
dc.titleThe Impact of Investment Policy in a Changing Global Economyen
dc.title.subtitleA Review of the Literatureen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleThe Impact of Investment Policy in a Changing Global Economy: A Review of the Literature
okr.date.disclosure2015-10-13
okr.date.doiregistration2025-04-10T07:18:20.894278Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2015/10/25147224/impact-investment-policy-changing-global-economy-review-literature
okr.guid664491467994693599
okr.identifier.doi10.1596/1813-9450-7437
okr.identifier.externaldocumentum090224b08313fc42_1_0
okr.identifier.internaldocumentum25147224
okr.identifier.reportWPS7437
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2015/10/13/090224b08313fc42/1_0/Rendered/PDF/The0impact0of00ew0of0the0literature.pdfen
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicPrivate Sector Development::Emerging Markets
okr.topicMacroeconomics and Economic Growth::Investment and Investment Climate
okr.topicInternational Economics and Trade::Foreign Direct Investment
okr.topicMacroeconomics and Economic Growth::Economic Theory & Research
okr.unitTrade and Competitiveness Global Practice Group
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
The0impact0of00ew0of0the0literature.pdf
Size:
1020.09 KB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
The0impact0of00ew0of0the0literature.txt
Size:
169.53 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Policy Research Working Papers