Local conditions and economic growth from South–South FDI

Sirr, Gordon; Garvey, John; Gallagher, Liam A.

doi:10.1080/09638199.2017.1385645

Cited by 4 publications

(3 citation statements)

References 23 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…FDI has been widely accepted as an important vehicle for development because of FDI's positive effects on the host state' economy (Bao, et all 2022), including technology transfer, the introduction of new managerial skills , increasing product quality (Lin, Lin, 2010), increasing institutional quality (Hyun, 2006), improving productivity (Liu et al, 2001) and promoting capital accumulation (Yao et al, 2016). An issue that has received limited attention in literature is that the growth effects of FDI are likely to depend on the direction of FDI flows (Sirr et al, 2018). Based on the neoclassical theory, FDI flows from more advanced to less advanced economies are expected to have the highest growth effect as the advanced countries is endowed with better cutting-edge technology and operational techniques.…”

Section: Literature Reviewmentioning

confidence: 99%

Why We Should Not Wait for Existing Latvian Crowdfunding Platforms’ Authorisation under the EU Regulation on Crowdfunding Service Providers for Business

Adlere¹

2023

International Scientific Conference "New Challenges in Economic and Business Development – 2023: Recovery and Resilience" : Pro

View full text Add to dashboard Cite

The past decade, the crowdfunding market was growing rapidly in the European Union, including Latvia. At the same time, crowdfunding had remained unregulated domain until the European Union Regulation on European crowdfunding service providers for business (henceforth - the Regulation) was passed in October, 2020, giving the Member States one year for its adoption, and additional one year for crowdfunding service providers for authorising under the Regulation. Nevertheless, by the end of 2022, there was only one licensed crowdfunding service provider managed by Latvian legal entity. Considering this, the goal of the study is to explore why the majority of existing crowdfunding platforms, managed by legal entities registered in Latvia, has not authorised itself under the Regulation. To achieve the goal, the methodology of the study combines in-depth analysis of the Regulation with an explanatory case study of crowdfunding platforms managed by Latvian legal entities. Having considered nine platforms managed by Latvian legal entities, the results of the study show that four biggest Latvian platforms have authorized themselves as investment firms. Among other platforms which are unlicensed for the time being, there could be only one potential candidate to extend the list of crowdfunding service providers authorised under the Regulation. The conclusion was made considering the business models of the providers, and presence or absence of an auto-investing function, which was restricted by the Regulation. An implication of the obtained results is the possibility that the research will serve as a base for future studies on the Regulation’s effect on the European crowdfunding industry.

show abstract

Section: Literature Reviewmentioning

confidence: 99%

Why We Should Not Wait for Existing Latvian Crowdfunding Platforms’ Authorisation under the EU Regulation on Crowdfunding Service Providers for Business

Adlere¹

2023

International Scientific Conference "New Challenges in Economic and Business Development – 2023: Recovery and Resilience" : Pro

View full text Add to dashboard Cite

show abstract

“…FDI has been widely accepted as an important vehicle for development because of FDI's positive effects on the host state's economy (Bao, et all 2022), including technology transfer, the introduction of new managerial skills (Denisia, 2010), increasing product quality (Lin, Lin, 2010), increasing institutional quality (Hyun, 2006), improving productivity (Liu et al, 2001) and promoting capital accumulation (Yao et al, 2016). An issue that has received limited attention in literature is that the growth effects of FDI are likely to depend on the direction of FDI flows (Sirr et al, 2018). Based on the neoclassical theory, FDI flows from more advanced to less advanced economies are expected to have the highest growth effect as the advanced countries are endowed with better cutting-edge technology and operational techniques.…”

Section: Literature Reviewmentioning

confidence: 99%

Analysis of Economic Activity of Foreign Direct Investors in Latvia

Jursa

2022

open-series

View full text Add to dashboard Cite

The aim of this article is to investigate the activity of foreign direct investors in Latvia and find out the main source of financing for foreign investors - new investments or reinvested earnings. To achieve the set goal, the methodology of the Sixth Edition of the International Monetary Fund's Balance of Payments and International Investment Position Manual was used to define the types of foreign direct investment (FDI). This methodology was adapted to Latvian data. At the request of the author, Lursoft IT Ltd selected business data on all registered companies with foreign capital in Latvia since 2005 and aggregate data were used in the analysis. Foreign direct investment in Latvia flows mainly in the form of reinvested earnings, due to the profit earned from operating activities in Latvia. While new investments or greenfield investments in equity is lower compared to the amount of reinvested earnings.

show abstract