Explaining Recent Investment Weakness : Causes and Implications
This article investigates the drivers of investment growth in emerging market and developing economies with a focus on the most recent slowdown over the 2010–2015 period. Using panel regression techniques, we find that the recent investment slowdown in emerging market and developing economies is ass...
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okr-10986-315472021-05-25T10:54:37Z Explaining Recent Investment Weakness : Causes and Implications Islamaj, Ergys Kose, M. Ayhan Ohnsorge, Franziska Ye, Lei Sandy DEVELOPING ECONOMIES EMERGING MARKET ECONOMIES INVESTMENT CLIMATE STRUCTURAL REFORM TERMS OF TRADE FOREIGN DIRECT INVESTMENT POLITICAL RISKS This article investigates the drivers of investment growth in emerging market and developing economies with a focus on the most recent slowdown over the 2010–2015 period. Using panel regression techniques, we find that the recent investment slowdown in emerging market and developing economies is associated with a range of obstacles: weak economic activity, negative terms-of-trade shocks, declining foreign direct investment inflows, elevated private debt burdens, and heightened political risk. This stands in contrast with advanced economies, where weak economic activity is the most important factor. We briefly discuss policy implications of our findings. 2019-04-15T18:50:20Z 2019-04-15T18:50:20Z 2019 Journal Article Emerging Markets Finance and Trade 1540-496X http://hdl.handle.net/10986/31547 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Taylor and Francis Publications & Research :: Journal Article Publications & Research |
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Digital Repository |
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Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
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World Bank |
topic |
DEVELOPING ECONOMIES EMERGING MARKET ECONOMIES INVESTMENT CLIMATE STRUCTURAL REFORM TERMS OF TRADE FOREIGN DIRECT INVESTMENT POLITICAL RISKS |
spellingShingle |
DEVELOPING ECONOMIES EMERGING MARKET ECONOMIES INVESTMENT CLIMATE STRUCTURAL REFORM TERMS OF TRADE FOREIGN DIRECT INVESTMENT POLITICAL RISKS Islamaj, Ergys Kose, M. Ayhan Ohnsorge, Franziska Ye, Lei Sandy Explaining Recent Investment Weakness : Causes and Implications |
description |
This article investigates the drivers of investment growth in emerging market and developing economies with a focus on the most recent slowdown over the 2010–2015 period. Using panel regression techniques, we find that the recent investment slowdown in emerging market and developing economies is associated with a range of obstacles: weak economic activity, negative terms-of-trade shocks, declining foreign direct investment inflows, elevated private debt burdens, and heightened political risk. This stands in contrast with advanced economies, where weak economic activity is the most important factor. We briefly discuss policy implications of our findings. |
format |
Journal Article |
author |
Islamaj, Ergys Kose, M. Ayhan Ohnsorge, Franziska Ye, Lei Sandy |
author_facet |
Islamaj, Ergys Kose, M. Ayhan Ohnsorge, Franziska Ye, Lei Sandy |
author_sort |
Islamaj, Ergys |
title |
Explaining Recent Investment Weakness : Causes and Implications |
title_short |
Explaining Recent Investment Weakness : Causes and Implications |
title_full |
Explaining Recent Investment Weakness : Causes and Implications |
title_fullStr |
Explaining Recent Investment Weakness : Causes and Implications |
title_full_unstemmed |
Explaining Recent Investment Weakness : Causes and Implications |
title_sort |
explaining recent investment weakness : causes and implications |
publisher |
Taylor and Francis |
publishDate |
2019 |
url |
http://hdl.handle.net/10986/31547 |
_version_ |
1764474574460682240 |