| Description |
1 online resource (28 pages) |
| Series |
IMF Working Papers; Working Paper, 1018-5941 ; No. 94/44 |
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IMF Working Papers; Working Paper ; no. 94/44
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| Summary |
The dynamic pattern of foreign direct investment (FDI) in developing countries shows a three-phase pattern. Despite government policies that promote it, initially the inflow of FDI is sluggish, followed by a period of considerable fluctuation before finally entering the stage of rapid growth. The paper explains the pattern through recourse to two concepts: the searching process of individual investors and the information externalities of investors in the aggregate. Policy implications that may serve to shift an economy of a developing country from small-scale FDI to one of rapidly expanding FDI are considered. As China is a clear example of this pattern, it has been selected to promote understanding of the process |
| Notes |
English |
|
Print version record |
| Subject |
Direct Investment.
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FDI.
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Foreign Direct Investment.
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Foreign Investors.
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Investment Environment.
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China, People's Republic of.
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| Form |
Electronic book
|
| Author |
Huang, Dongpei
|
|
Shirai, Sayuri
|
| ISBN |
1451974647 |
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9781451974645 |
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146230060X |
|
9781462300600 |
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9781455292745 |
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1455292745 |
|
