Detail práce

Growth-Enhancing Mechanism in Transition Countries: Cooperative Effect of Foreign Direct Investment and Financial Development

Autor: Mgr. Natalia Shilyaeva
Rok: 2009 - letní
Vedoucí: Jiří Novák M.Sc., Ph.D., Deloitte Corporate Chair
Konzultant:
Typ práce: Diplomová
Specializace - IMESS
Jazyk: Anglicky
Stránky: 133
Ocenění:
Odkaz:
Abstrakt: Current research examines the interdependence between foreign direct investment (FDI), financial development and economic growth. The relationship between the variables in question is studied with reference to transition economies (28 former centrally planned economies). The period of observation covers the transition from centrally planned to market economies 1989-2007. The relationship is analysed using panel data regression models, factor analysis and cointegration tests. The paper suggests that FDI and financial development exert a complementary effect on economic growth, although the latter appears to be insignificant. At the same time, the research provides evidence that FDI is likely to compensate the underdevelopment of financial sector.
Ke stažení: Diplomová práce Shilyaeva

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Deloitte

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CRIF
McKinsey
Patria Finance