Foreign Direct Investment in the Caribbean

Kolstad, Ivar; Villanger, Espen

doi:10.1111/j.1467-7679.2008.00399.x

Cited by 10 publications

(17 citation statements)

References 19 publications

(20 reference statements)

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“…In the Caribbean setting, Kolstad & Villanger (2008) conclude that FDI inflows are particularly sensitive to political instability and are discouraged by stringent regulations, a finding they link to the presence of tax havens. Tuman & Emmert (2004) In the next section we draw on this review to select our variables and to anticipate the likely outcomes.…”

Section: : Explaining Bilateral Fdimentioning

confidence: 98%

The Effects of Preferential Trade Agreements on Foreign Direct Investment: Evidence from the African Caribbean Pacific Region

2019

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Our empirical analysis utilises panel data on bilateral FDI stocks from 34 OECD countries into 45 ACP countries over the period 2000-2017 to consider the role of PTAs in attracting FDI. We control for policies relating to trade, taxes and investment, along with other explanatory variables identified in the literature. We conclude the prevalence of market seeking FDI in the ACP region, with a role for regional integration in accessing surrounding market potential. We find no significant effect of PTAs on FDI in the Caribbean, while in Africa, the effects depend on the presence of a bilateral BIT.

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Section: : Explaining Bilateral Fdimentioning

confidence: 98%

The Effects of Preferential Trade Agreements on Foreign Direct Investment: Evidence from the African Caribbean Pacific Region

2019

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“…Studies (Kolstad and Villanger, 2008;Olney, 2013) have proposed and adopted different measures to explain the criteria adopted by MNCs when choosing offshore subsidiaries. While the divergence in methodologies applied has also yielded divergent results, there is an understanding that the determinants of attractiveness of countries to inflow of FDI varies widely along country/regional lines.…”

Section: Drivers Of Fdimentioning

confidence: 99%

“…The author further suggests that incidence of information arbitrage would reduce as markets develop, thereby reducing the cost of capital. In addition, enforceability of contracts and institutional efficiency are incorporated into this model by Kolstad and Villanger (2008).…”

Section: The New Thinkingmentioning

confidence: 99%

The machination of foreign direct investment flow to emerging markets – a focus on Africa

Aregbeshola

2018

AJEMS

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Purpose-The deterministic role of various macroeconomic fundamentals on the attractiveness of countries to inflow of FDI is well documented in literature. The role of market size, infrastructural development, inflation and exchange rates differential have been supported as determinants of FDI direction. However, no documented study has benefited from diverse measures of institutional adequacy as presented in this study. The paper aims to discuss these issues. Design/methodology/approach-The paper adopts various econometric approaches that include descriptive statistics, fixed effects models, LM test of independence, feasible generalised least squares regression and SUR estimations. Findings-This study unveils the specific impacts and explanatory power of each of the variables along country lines, and the author compares the results of some emerging markets in Asia, Eastern Europe, and South America to some selected countries in Africa. Using data set from various sources over a period of 44 years in a seemingly unrelated regression environment, this study suggests that poor technological capability, inadequate political system, weak productivity gains are major deterrents to the attractiveness of African countries to inflow of FDI. Research limitations/implications-The major limitation of this study revolves around availability of usable data, which compels the researcher to limit the focus and the span of time series. Practical implications-The study suggests the need to improve institutional quality in emerging economies, especially countries in Africa in order to enhance their attractiveness to FDI inflow. More importantly, the study found that low capital productivity gains hinder the attractiveness of African emerging markets to FDI inflow. Social implications-To alleviate poverty, attraction of FDI is considered important, and the improvement of institutional functionality in that regard is found to be important. The need to augment technological improvement is considered very important and critical. Originality/value-This serves to confirm that the article entitled "The Machination of Foreign Direct Investment Flow to Emerging Markets-A focus on Africa" is my own original work, envisaged to contribute to the debate about the role of macroeconomic fundamentals, especially capital productivity gains as determinants of a country's attractiveness to inflow of foreign capital in academic literature. All the sources used and consulted have been fully acknowledged by a way of complete referencing. The author hereby agrees to the terms and conditions as stipulated by the publisher and the editorial board of this prestigious journal.

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“…La Caraïbe est une région qui attire une quantité importante d'IDE (Kolstad et Villanger, 2008). La croissance de l'économie chinoise et son attrait pour les investisseurs étrangers ont un temps été perçues comme un risque de siphonnage du stock mondial d'IDE (qui a effectivement affecté les pays de l'OCDE, notamment).…”

Section: Investissements Directsunclassified

La diffusion de la présence économique chinoise dans la Caraïbe insulaire : modalités et enjeux pratiques et théoriques

Cruse

2015

cgq

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ISSN 0007-9766 (imprimé) 1708-8968 (numérique) Découvrir la revue Citer cet article Cruse, R. (2014). La diffusion de la présence économique chinoise dans la Caraïbe insulaire : modalités et enjeux pratiques et théoriques. Cahiers de géographie du Québec, 58 (163), 113-130. doi:10.7202/1028941ar Résumé de l'article Une présence économique accrue de la Chine dans la région Caraïbe se manifeste depuis la fin des années 1990 par une augmentation notable des échanges commerciaux bilatéraux, ainsi que par une forte croissance des investissements directs à l'étranger (IDE) de la Chine vers la Caraïbe. L'augmentation de ces flux s'accompagne d'un resserrement des relations diplomatiques et d'aides diverses de la part de la Chine. Les dirigeants des économies naufragées de la région accueillent, pour l'instant, avec enthousiasme ce nouveau partenaire. L'objet de cet article est de montrer les modalités de cette présence accrue dans la région, de démêler l'enchevêtrement d'acteurs impliqués, et d'interroger les intérêts précis visés par la Chine dans cette région. Ceci nous permet de mettre en question la durabilité et l'adaptabilité du modèle centre / périphérie et les enseignements qu'on peut en tirer pour la Caraïbe.Ce document est protégé par la loi sur le droit d'auteur. L'utilisation des services d'Érudit (y compris la reproduction) est assujettie à sa politique d'utilisation que vous pouvez consulter en ligne. RésuméUne présence économique accrue de la Chine dans la région Caraïbe se manifeste depuis la fin des années 1990 par une augmentation notable des échanges commerciaux bilatéraux, ainsi que par une forte croissance des investissements directs à l'étranger (IDE) de la Chine vers la Caraïbe. L'augmentation de ces flux s'accompagne d'un resserrement des relations diplomatiques et d'aides diverses de la part de la Chine. Les dirigeants des économies naufragées de la région accueillent, pour l'instant, avec enthousiasme ce nouveau partenaire. L'objet de cet article est de montrer les modalités de cette présence accrue dans la région, de démêler l'enchevêtrement d'acteurs impliqués, et d'interroger les intérêts précis visés par la Chine dans cette région. Ceci nous permet de mettre en question la durabilité et l'adaptabilité du modèle centre / périphérie et les enseignements qu'on peut en tirer pour la Caraïbe. Mots-clésChine, Caraïbe, Taïwan, IDE, diffusion / concentration, développement, géopolitique, centre / périphérie. AbstractChina's increasing presence in the Caribbean region since the late 1990's has been reflected in a marked growth in both bilateral trade and Foreign Direct Investment (FDI) from China to the Caribbean. The increasing number of exchanges has been accompanied by closer diplomatic ties and different forms of aid from China. The governments of these foundering Caribbean economies are currently warmly welcoming such new partnerships. The aim of this brief article is to explain how China's growing presence is evidenced in the region, unscramble the mix of players involved and explore ...

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Foreign Direct Investment in the Caribbean

Cited by 10 publications

References 19 publications

The Effects of Preferential Trade Agreements on Foreign Direct Investment: Evidence from the African Caribbean Pacific Region

The Effects of Preferential Trade Agreements on Foreign Direct Investment: Evidence from the African Caribbean Pacific Region

The machination of foreign direct investment flow to emerging markets – a focus on Africa

La diffusion de la présence économique chinoise dans la Caraïbe insulaire : modalités et enjeux pratiques et théoriques

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