FDI Implications on BRICS Economy Growth

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66 citations0/0 files storedProcedia Economics and Finance

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International Business and FDI Economic Growth and Productivity Globalization, Economics, and Policies

Abstract

The BRICS economies group, Brazil, Russia, India, China and South Africa are recognized as the most developed economies from the emerging economies. This paper aims to analyze the FDI flows on BRICS economy. The impact of FDI on the host country depends on the size and structure of these flows. In the current economic climate, worldwide there is a competition between the host countries to attract the larger volumes of FDI. The BRICS group offers to foreign investors a number of benefits such as young labor force, cheap labor force, natural resources and big markets. In these emerging economies FDI seem to have a positive impact by contributing to their development.

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References

1999Foreign direct investment-led growth: evidence from time series and panel data 1985Economic and political determinants of foreign direct investment 1999The location of foreign direct investment: an empirical analysis 2001What Moves Capital to Transition Economies?1994Host country competition, labor skills, and technology transfer by multinationals 1992Host Country Competition and Technology Transfer by Multinationals

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