Foreign investment across the belt and road : patterns, determinants and effects / Maggie Xiaoyang Chen, Chuanhao Lin
Contributor(s): Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Series: World Bank E-Library Archive | Policy research working paper ; 8607Publisher: Washington, D.C. : World Bank Group, Macroeconomics, Trade and Investment Global Practice, October 2018Description: 1 Online-Ressource (circa 77 Seiten) : IllustrationenSubject(s): Genre/Form: Additional physical formats: Erscheint auch als: Foreign Investment across the Belt and Road: Patterns, Determinants, and Effects. Druck-Ausgabe Washington, D.C : The World Bank, 2018DOI: DOI: 10.1596/1813-9450-8607Online resources: Summary: This paper examines the patterns and economic effects of foreign direct investment across the Belt and Road Initiative countries and assesses the potential role of the initiative in shaping the patterns and effects. Exploring cross-country bilateral transportation cost and foreign investment data, the analysis shows that, by reducing overall travel times and transportation costs, the proposed Belt and Road Initiative transportation network can pave the way for additional investments and increased growth in gross domestic product. But the magnitude of the effect varies significantly across source and destination countries. Aggregate foreign direct investment in Belt and Road Initiative countries is predicted to increase by around 5 percent, with regions such as Sub-Saharan Africa and East Asia and Pacific seeing greater potential gains. The increase in foreign direct investment can exert a positive effect on GDP, trade, and employment growth, especially for lower-income countriesPPN: PPN: 1040819869Package identifier: Produktsigel: ZDB-1-WBA | ZDB-110-WBONo physical items for this record
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