Foreign direct investment in small island developing states

Robert Read

50 citations0/0 files storedJournal of International Development

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International Business and FDI Economic Growth and Productivity Island Studies and Pacific Affairs

Abstract

Abstract The role of foreign direct investment (FDI) in small island developing states (SIDS) is an issue that has been neglected until relatively recently. The reasons for this lack of interest are unsurprising, given both the low absolute volume of capital flows involved and the general neglect of issues relating directly to SIDS in the mainstream theoretical and empirical economics literature. For SIDS themselves however, FDI represents an important additional source of investment capital and a potentially critical contributor to growth and development. This paper represents one of the first attempts to analyse the determinants of the inflows of FDI to SIDS. The analysis is undertaken in the context of the existing literature on the determinants of FDI inflows, incorporating insights drawn from recent research on the determinants of growth in small states. Copyright © 2008 John Wiley & Sons, Ltd.

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1998How does foreign direct investment affect economic growth?1996Foreign Direct Investment and Growth in EP and is Countries 1999Foreign direct investment-led growth: evidence from time series and panel data 1997Foreign direct investment in developing countries and growth: A selective survey 1995Policy and Non-Policy Determinants of U.S. Equity Foreign Direct Investment 2006World Development Indicators 2006 1999The Impact of Government Policies on Foreign Direct Investment: The Canadian Experience 1998A comparison of the economic performance of different micro-states, and between micro-states and larger countries

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