The Case of Missing Foreign Investment in the Southern Mediterranean:
The developing countries of the Southern Mediterranean (SOM) have missed the extraordinary surge of private international investment in recent years. Although the SOM region was an important destination for foreign direct investments, its share of world FDI has declined. In 1994, private capital rep...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
1997
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Schriftenreihe: | OECD Development Centre Working Papers
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Schlagworte: | |
Online-Zugang: | UBA01 UBG01 UEI01 UER01 UPA01 UBR01 UBW01 FFW01 FNU01 EUV01 FRO01 FHR01 FHN01 TUM01 FHI01 UBM01 Volltext |
Zusammenfassung: | The developing countries of the Southern Mediterranean (SOM) have missed the extraordinary surge of private international investment in recent years. Although the SOM region was an important destination for foreign direct investments, its share of world FDI has declined. In 1994, private capital represented only 37 per cent of the SOM's capital inflows (of which nearly all went to Egypt and Morocco) compared to 76 per cent for all developing countries. There is great potential for expanding foreign investment in the region. Comparative econometric exercises in the study also suggest large gaps between actual inflows into SOM and into similar economies elsewhere. Moreover, the region's history of emigration and capital flight have created a pool of resources that could quickly respond to opportunities. This paper identifies a cluster of policy initiatives that could help increase private capital inflows: domestic measures - including privatisation, trade liberalisation, and currency ... |
Beschreibung: | 1 Online-Ressource (46 Seiten) 21 x 29.7cm |
DOI: | 10.1787/883370106308 |
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spelling | Petri, Peter A... Verfasser aut The Case of Missing Foreign Investment in the Southern Mediterranean Peter A. Petri Paris OECD Publishing 1997 1 Online-Ressource (46 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Development Centre Working Papers The developing countries of the Southern Mediterranean (SOM) have missed the extraordinary surge of private international investment in recent years. Although the SOM region was an important destination for foreign direct investments, its share of world FDI has declined. In 1994, private capital represented only 37 per cent of the SOM's capital inflows (of which nearly all went to Egypt and Morocco) compared to 76 per cent for all developing countries. There is great potential for expanding foreign investment in the region. Comparative econometric exercises in the study also suggest large gaps between actual inflows into SOM and into similar economies elsewhere. Moreover, the region's history of emigration and capital flight have created a pool of resources that could quickly respond to opportunities. This paper identifies a cluster of policy initiatives that could help increase private capital inflows: domestic measures - including privatisation, trade liberalisation, and currency ... Development https://doi.org/10.1787/883370106308 Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Petri, Peter A.. The Case of Missing Foreign Investment in the Southern Mediterranean Development |
title | The Case of Missing Foreign Investment in the Southern Mediterranean |
title_auth | The Case of Missing Foreign Investment in the Southern Mediterranean |
title_exact_search | The Case of Missing Foreign Investment in the Southern Mediterranean |
title_exact_search_txtP | The Case of Missing Foreign Investment in the Southern Mediterranean |
title_full | The Case of Missing Foreign Investment in the Southern Mediterranean Peter A. Petri |
title_fullStr | The Case of Missing Foreign Investment in the Southern Mediterranean Peter A. Petri |
title_full_unstemmed | The Case of Missing Foreign Investment in the Southern Mediterranean Peter A. Petri |
title_short | The Case of Missing Foreign Investment in the Southern Mediterranean |
title_sort | the case of missing foreign investment in the southern mediterranean |
topic | Development |
topic_facet | Development |
url | https://doi.org/10.1787/883370106308 |
work_keys_str_mv | AT petripetera thecaseofmissingforeigninvestmentinthesouthernmediterranean |