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Author Chan, Kitty K.

Title Risk instability and the pattern of foreign direct investment in the Middle East and North Africa region / prepared by Kitty K. Chan and Edward R. Gemayel

Published [Washington D.C.] : International Monetary Fund, Middle East and Central Asia Dept., 2004
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Description 1 online resource (19 pages)
monochrome rdacc
Series IMF working paper ; WP/04/139
IMF working paper ; WP/04/139
Summary This paper demonstrates that instability associated with investment risk is critical in explaining the level of foreign direct investment for the Middle East and North Africa (MENA) countries, which generally have higher investment risk than developed countries. The empirical results support this hypothesis, whether either the standard deviation or the interquartile range is used as a measure of instability, in a dynamic panel model. The paper recommends a reorientation of policies toward those with a longer-term focus in order to help lower the degree of risk instability for MENA countries
Notes "August 2004."
Bibliography Includes bibliographical references
Notes Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. MiAaHDL
digitized 2011 HathiTrust Digital Library committed to preserve pda MiAaHDL
Print version record
Subject Capital movements -- Africa, North.
Capital movements -- Middle East.
Investments, Foreign -- Africa, North.
Investments, Foreign -- Middle East.
Risk management -- Africa, North.
Risk management -- Middle East.
Form Electronic book
ISBN 1282028871