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Global flows of foreign direct investment (FDI) have increased significantly over the last few decades. Major factors behind this phenomenon are the increasing numbers of cross-border mergers and acquisitions (M&As), trends toward privatization, and growing competition among the host countries to attract FDI. As a source of external finance, foreign direct investment (FDI) has emerged to play an important role in promoting economic growth, strengthening the local economies, and improving competitiveness of countries in the global economy. Countries like China, India, Malaysia, Korea, and Thailand are classic examples in this regard. The strength of an economy in attracting the FDI depends upon various factors ranging from sociocultural to politico-economic ones. A greater stimulus also comes from factors that shape up the policy environment in the economy.
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- Foreign Direct Investment in Saudi Arabia: A Competitiveness Analysis
Mohammad Hanif Akhtar
- Springer New York
- Chapter 14
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