Risky Business : Political Instability and Sectoral Greenfield Foreign Direct Investment in the Arab World
Which foreign direct investments are most affected by political instability? Analysis of quarterly greenfield investment flows into countries in the Middle East and North Africa during the period from 2003 to 2012 shows that adverse political shocks are associated with significantly reduced investme...
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okr-10986-291222021-05-25T10:54:42Z Risky Business : Political Instability and Sectoral Greenfield Foreign Direct Investment in the Arab World Burger, Martijn Ianchovichina, Elena Rijkers, Bob FOREIGN DIRECT INVESTMENT POLITICAL INSTABILITY SHOCKS RESOURCE DEPENDENCE Which foreign direct investments are most affected by political instability? Analysis of quarterly greenfield investment flows into countries in the Middle East and North Africa during the period from 2003 to 2012 shows that adverse political shocks are associated with significantly reduced investment inflows in the non-resource tradable sectors. By contrast, investments in natural resource sectors and non-tradable activities appear insensitive to such shocks. Political instability is thus associated with increased reliance on non-tradables and aggravated resource dependence. 2018-01-03T20:20:20Z 2018-01-03T20:20:20Z 2016-07-01 Journal Article World Bank Economic Review 1564-698X http://hdl.handle.net/10986/29122 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Published by Oxford University Press on behalf of the World Bank Publications & Research :: Journal Article Publications & Research Middle East and North Africa Middle East North Africa |
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Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
topic |
FOREIGN DIRECT INVESTMENT POLITICAL INSTABILITY SHOCKS RESOURCE DEPENDENCE |
spellingShingle |
FOREIGN DIRECT INVESTMENT POLITICAL INSTABILITY SHOCKS RESOURCE DEPENDENCE Burger, Martijn Ianchovichina, Elena Rijkers, Bob Risky Business : Political Instability and Sectoral Greenfield Foreign Direct Investment in the Arab World |
geographic_facet |
Middle East and North Africa Middle East North Africa |
description |
Which foreign direct investments are most affected by political instability? Analysis of quarterly greenfield investment flows into countries in the Middle East and North Africa during the period from 2003 to 2012 shows that adverse political shocks are associated with significantly reduced investment inflows in the non-resource tradable sectors. By contrast, investments in natural resource sectors and non-tradable activities appear insensitive to such shocks. Political instability is thus associated with increased reliance on non-tradables and aggravated resource dependence. |
format |
Journal Article |
author |
Burger, Martijn Ianchovichina, Elena Rijkers, Bob |
author_facet |
Burger, Martijn Ianchovichina, Elena Rijkers, Bob |
author_sort |
Burger, Martijn |
title |
Risky Business : Political Instability and Sectoral Greenfield Foreign Direct Investment in the Arab World |
title_short |
Risky Business : Political Instability and Sectoral Greenfield Foreign Direct Investment in the Arab World |
title_full |
Risky Business : Political Instability and Sectoral Greenfield Foreign Direct Investment in the Arab World |
title_fullStr |
Risky Business : Political Instability and Sectoral Greenfield Foreign Direct Investment in the Arab World |
title_full_unstemmed |
Risky Business : Political Instability and Sectoral Greenfield Foreign Direct Investment in the Arab World |
title_sort |
risky business : political instability and sectoral greenfield foreign direct investment in the arab world |
publisher |
Published by Oxford University Press on behalf of the World Bank |
publishDate |
2018 |
url |
http://hdl.handle.net/10986/29122 |
_version_ |
1764468549724667904 |