Sectoral Composition of Foreign Direct Investment and External Vulnerability in Eastern Europe:
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 trada...
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1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2011
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Schriftenreihe: | IMF Working Papers
Working Paper No. 11/123 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | 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 |
Beschreibung: | 1 Online-Ressource (29 p) |
ISBN: | 1455263400 9781455263400 |
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index_date | 2024-07-03T20:13:21Z |
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spelling | Kinoshita, Yuko Verfasser aut Sectoral Composition of Foreign Direct Investment and External Vulnerability in Eastern Europe Kinoshita, Yuko Washington, D.C International Monetary Fund 2011 1 Online-Ressource (29 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 11/123 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 Online-Ausg http://elibrary.imf.org/view/IMF001/11856-9781455263400/11856-9781455263400/11856-9781455263400.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Kinoshita, Yuko Sectoral Composition of Foreign Direct Investment and External Vulnerability in Eastern Europe |
title | Sectoral Composition of Foreign Direct Investment and External Vulnerability in Eastern Europe |
title_auth | Sectoral Composition of Foreign Direct Investment and External Vulnerability in Eastern Europe |
title_exact_search | Sectoral Composition of Foreign Direct Investment and External Vulnerability in Eastern Europe |
title_exact_search_txtP | Sectoral Composition of Foreign Direct Investment and External Vulnerability in Eastern Europe |
title_full | Sectoral Composition of Foreign Direct Investment and External Vulnerability in Eastern Europe Kinoshita, Yuko |
title_fullStr | Sectoral Composition of Foreign Direct Investment and External Vulnerability in Eastern Europe Kinoshita, Yuko |
title_full_unstemmed | Sectoral Composition of Foreign Direct Investment and External Vulnerability in Eastern Europe Kinoshita, Yuko |
title_short | Sectoral Composition of Foreign Direct Investment and External Vulnerability in Eastern Europe |
title_sort | sectoral composition of foreign direct investment and external vulnerability in eastern europe |
url | http://elibrary.imf.org/view/IMF001/11856-9781455263400/11856-9781455263400/11856-9781455263400.xml |
work_keys_str_mv | AT kinoshitayuko sectoralcompositionofforeigndirectinvestmentandexternalvulnerabilityineasterneurope |