Sectoral Composition of Foreign Direct Investment and External Vulnerability in Eastern Europe
Download or Read eBook Sectoral Composition of Foreign Direct Investment and External Vulnerability in Eastern Europe PDF written by Yuko Kinoshita and published by International Monetary Fund. This book was released on 2011-06-01 with total page 31 pages. Available in PDF, EPUB and Kindle.
| Author | : Yuko Kinoshita |
| Publisher | : International Monetary Fund |
| Total Pages | : 31 |
| Release | : 2011-06-01 |
| ISBN-10 | : 9781455263400 |
| ISBN-13 | : 1455263400 |
| Rating | : 4/5 (00 Downloads) |
Book Synopsis Sectoral Composition of Foreign Direct Investment and External Vulnerability in Eastern Europe by : Yuko Kinoshita
Book excerpt: In the run up to the global crisis, countries in Central Eastern and Southeastern Europe attracted large capital inflows and some of them built up large external imbalances. This paper investigates whether these imbalances are linked to the sectoral composition of FDI. It shows that FDI in the tradable sectors leads to an improvement of the external balance. We also find that the countries with large market size, good infrastructure, greater trade integration, and educated labor force are more likely to receive more FDI in the tradable sectors.
