Liberalizing Financial Services and Foreign Direct Investment
Title | Liberalizing Financial Services and Foreign Direct Investment PDF eBook |
Author | L. Páez |
Publisher | Springer |
Pages | 276 |
Release | 2015-12-04 |
Genre | Business & Economics |
ISBN | 0230316824 |
This book focuses on the relationship between FDI and financial service liberalization in the context of the WTO. By conducting an economic assessment on the extent of GATS liberalization in commercial banking it seeks to empirically clarify if the multilateral liberalization efforts under the WTO promote FDI.
Liberalizing Financial Services and Foreign Direct Investment
Title | Liberalizing Financial Services and Foreign Direct Investment PDF eBook |
Author | L. Páez |
Publisher | Palgrave Macmillan |
Pages | 0 |
Release | 2011-07-19 |
Genre | Business & Economics |
ISBN | 9780230271579 |
This book focuses on the relationship between FDI and financial service liberalization in the context of the WTO. By conducting an economic assessment on the extent of GATS liberalization in commercial banking it seeks to empirically clarify if the multilateral liberalization efforts under the WTO promote FDI.
The Impact of Liberalizing Barriers to Foreign Direct Investment in Services
Title | The Impact of Liberalizing Barriers to Foreign Direct Investment in Services PDF eBook |
Author | Jesper Jensen |
Publisher | World Bank Publications |
Pages | 58 |
Release | 2004 |
Genre | Free trade |
ISBN |
The authors estimate that Russia will gain about 7.2 percent of the value of Russian consumption in the medium run from WTO accession and up to 24 percent in the long run. They estimate that the largest gains to Russia will derive from liberalization of barriers against multinational service providers. Piecemeal and systematic sensitivity analysis shows that their results are robust."--Abstract.
Liberalizing Financial Services and Foreign Direct Investment in the WTO, Assessing the Effect of the General Agreement on Trade in Services (GATS) on Foreign Bank Presence in the OECD Region
Title | Liberalizing Financial Services and Foreign Direct Investment in the WTO, Assessing the Effect of the General Agreement on Trade in Services (GATS) on Foreign Bank Presence in the OECD Region PDF eBook |
Author | Laura Páez |
Publisher | |
Pages | 132 |
Release | 2007 |
Genre | |
ISBN |
The present study conducts an economic assessment of the impact financial services liberalization on foreign bank presence, in the context of the World Trade Organization (WTO). It focuses on how the General Agreement on Trade in Services (GATS) affects foreign direct investment (FDI) of commercial banks. For this purpose, an empirical model is developed to test how country-specific locational factors, as well as membership to the GATS and regional trade agreements (RTAs) affect commercial banking FDI. The model is run with FDI flow data for selected GATS signatories during 1990-2004, a period in which membership to several RTAs, as well as progress in GATS liberalization was observed. The findings show there is a strong positive relation between commercial banking FDI and a set of locational factors. Further evidence on the impact of membership to some RTAs in the country sample is found. However, no evidence on the positive impact of GATS liberalization on FDI is found. Considering the results, countries seeking to attract greater FDI will fare better if they improve their location factor conditions unilaterally. The value of the GATS for the present rests on its binding effect on the current level of liberalization. Future trade rounds may bring more promising results for financial services; given that the built-in progressive liberalization agenda of the GATS is an ongoing process.
Services Liberalization in ASEAN
Title | Services Liberalization in ASEAN PDF eBook |
Author | Tham Siew Yean |
Publisher | ISEAS-Yusof Ishak Institute |
Pages | 403 |
Release | 2017-11-14 |
Genre | Business & Economics |
ISBN | 9814786187 |
The services sector plays an important role in ASEAN economies as it accounts for about half of the region’s GDP and more than 45 per cent of its total employment. ASEAN aspires to deepen integration in the services sector in order to enhance the sector’s contribution to economic development and growth in each country. Despite this, services liberalization has progressed slowly compared to goods liberalization both at the multilateral and the regional levels. Different regulatory mechanisms across countries have contributed to the slow pace of liberalization.
Financial-sector FDI and Host Countries
Title | Financial-sector FDI and Host Countries PDF eBook |
Author | Linda S. Goldberg |
Publisher | |
Pages | 44 |
Release | 2004 |
Genre | Demand (Economic theory) |
ISBN |
"Reviews the main findings and policy themes of FDI research, with a primary focus on the host country implications of FDI for emerging market economies." - abstract.
Mobilising Investment Flows and Liberalising Financial Markets
Title | Mobilising Investment Flows and Liberalising Financial Markets PDF eBook |
Author | Commonwealth Secretariat |
Publisher | Commonwealth Secretariat |
Pages | 44 |
Release | 2001-09 |
Genre | Business & Economics |
ISBN | 9781903431047 |
A collection of papers submitted to the Commonwealth Finance Ministers at their annual meetings in 2000 and 1999. The papers bring together public sector views on mobilising foreign direct investment in Commonwealth countries and the liberalisation of developing financial markets.