Analyses of FDI determinants in developing countries【外文翻译】

Analyses of FDI determinants in developing countries【外文翻译】

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时间:2017-07-26

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1、本科毕业论文外文翻译外文题目:AnalysesofFDIdeterminantsindevelopingcountries出处:ChinaAgricultureEconomicReview作者:RecepKok原文:Tradehastraditionallybeentheprincipalmechanismlinkingnationaleconomiesinordertocreateaninternationaleconomy.FDIisasimilarmechanismlinkingnationaleconomies;therefor

2、e,thesetwomechanismsreinforceeachother.ThetradeeffectsofFDIdependonwhetheritisundertakentogainaccesstonaturalresources,toconsumermarketsorwhethertheFDIisaimedatexploitinglocationalcomparativeadvantageorotherstrategicassetssuchasresearchanddevelopmentcapabilities.Mostdeve

3、lopingcountrieslacktechnologycapabilityandFDItofacilitatetechnologytransferandreducethetechnologygap(TGAP)betweendevelopingcountriesanddevelopedcountries.Infact,itissuggestedthatspilloversortheexternaleffectsfromFDIarethemostsignificantchannelsforthedisseminationofmodern

4、technology(Blomstrom,1989).FDIhasinnumerableothereffectsonthehostcountry’seconomy.Itinfluencestheincome,production,prices,employment,economicgrowth,developmentandgeneralwelfareoftherecipientcountry.Itisalsoprobablyoneofthemostsignificantfactorsleadingtotheglobalizationof

5、theinternationaleconomy.Thus,theenormousincreaseinFDIflowsacrosscountriesisoneoftheclearestsignsoftheglobalizationoftheworldeconomyoverthepast20years(UNCTAD,2006).Therefore,wecanconcludethatFDIisakeyingredientforsuccessfuleconomicgrowthindevelopingcountries,becausethever

6、yessenceofeconomicdevelopmentistherapidandefficienttransferandadoptionof“bestpractice”acrossborders.Ontheotherhand,ingeneral,foreigninvestorsareinfluencedbythreebroadgroupsoffactors:(1)Theprofitabilityoftheprojects.(2)Theeasewithwhichsubsidiaries’operationscanbeintegrate

7、dintoinvestors’globalstrategies.(3)Theoverallqualityofthehostcountry’senablingenvironment(ChristiansenandOgutcu,2002).AlargenumberofstudieshavebeenconductedtoidentifythedeterminantsofFDIbutnoconsensushasemerged,inthesensethatthereisnowidelyacceptedsetofexplanatoryvariabl

8、esthatcanberegardedasthe“true”determinantsofFDI.TheresultsproducedbystudiesofFDIaretypicallysensitiveto

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