| Description |
1 online resource (19 pages) |
| Series |
IMF working paper ; WP/04/139 |
|
IMF working paper ; WP/04/139.
|
| Contents |
Contents -- I. INTRODUCTION -- II. ROLE OF RISK INSTABILITY -- III. MEASUREMENT OF RISK AND INSTABILITY -- IV. METHODOLOGY -- V. DATA -- VI. EMPIRICAL RESULTS -- VII. CONCLUSIONS -- REFERENCES |
| 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. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
|
Print version record |
|
digitized 2014 HathiTrust Digital Library committed to preserve pda MiAaHDL |
| Subject |
Capital movements -- Middle East
|
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Capital movements -- Africa, North
|
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Investments, Foreign -- Middle East
|
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Investments, Foreign -- Africa, North
|
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Risk management -- Middle East
|
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Risk management -- Africa, North
|
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Capital movements
|
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Investments, Foreign
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Risk management
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North Africa
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Middle East
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| Form |
Electronic book
|
| Author |
Gemayel, Edward R.
|
|
International Monetary Fund. Middle East and Central Asia Department
|
| ISBN |
1282028871 |
|
9781282028876 |
|
9781451856071 |
|
1451856075 |
|
9781451901238 |
|
1451901232 |
|
