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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Main Authors: Burger, Martijn, Ianchovichina, Elena, Rijkers, Bob
Format: Journal Article
Published: Published by Oxford University Press on behalf of the World Bank 2018
Subjects:
Online Access:http://hdl.handle.net/10986/29122
id okr-10986-29122
recordtype oai_dc
spelling 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
repository_type 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