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dc.contributor.authorAsiedu, Elizabeth
dc.contributor.authorLien, Donald
dc.date.accessioned2005-04-27T18:55:41Z
dc.date.available2005-04-27T18:55:41Z
dc.date.issued2004-03
dc.identifier.citationAsiedu, E; Lien, D. Capital controls and foreign direct investment. WORLD DEVELOPMENT. March 2004. 32(3):479-490.
dc.identifier.otherISI:000220012600006
dc.identifier.urihttp://hdl.handle.net/1808/371
dc.description.abstractThis paper examines the effect of three types of capital control policies on FDI (a) the existence of multiple exchange rates; (b) restrictions on capital account, and (c) restrictions on the repatriation of export proceeds. We find that the impact of capital controls on FDI varies by region and has changed over time. In the. 1970s and 1980s, none of the policies had a significant impact on FDI. In the 1990s, all three were significant. Furthermore, capital controls have no effect on FDI to sub-Saharan Africa and the Middle East, but affects FDI to East Asia and Latin America adversely. (C) 2003 Elsevier Ltd. All rights reserved.
dc.format.extent58533 bytes
dc.format.mimetypeapplication/pdf
dc.language.isoen_US
dc.publisherPERGAMON-ELSEVIER SCIENCE LTD
dc.subjectEconomics
dc.subjectPlanning and development
dc.titleCapital controls and foreign direct investment
dc.typeArticle
kusw.kuauthorAsiedu, Elizabeth
dc.identifier.doi10.1016/j.worlddev.2003.06.016
dc.rights.accessrightsopenAccess


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