مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

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Information Journal Paper

Title

REGIONAL CONVERGENCE AND ITS IMPACT ON FOREIGN DIRECT INVESTMENT (FDI) AND ECONOMIC GROWTH

Pages

  67-89

Abstract

 With the intensification of globalization debates, some economists contend that globalization of world markets will be detrimental to developing countries. Among possible measures taken by some countries to safeguard against the phenomenon of globalization is leaning on REGIONAL INTEGRATIONs. In fact concurrent with globalization efforts the idea of REGIONAL INTEGRATION has gained momentum in all continents. By utilizing their comparative advantages in different areas, the Islamic countries can ward off against the ill impacts of the globalization era and use these advantages to attract more FOREIGN DIRECT INVESTMENTs and hence achieve higher rates of ECONOMIC GROWTH.In this article an effort is made to evaluate the impact of REGIONAL INTEGRATION on boosting ECONOMIC GROWTH and bilateral FDI among the member countries of MENA by using the Adjusted Gravity Model. The results indicate that REGIONAL INTEGRATION among the above countries has increased the level of bilateral FDI‘s and ECONOMIC GROWTH among them. This fact calls for further cooperation among the MENA4 member countries.

Cites

References

Cite

APA: Copy

YAVARI, K., NAJARZADEH, R., & SHAGHAGHI SHAHRI, V.. (2005). REGIONAL CONVERGENCE AND ITS IMPACT ON FOREIGN DIRECT INVESTMENT (FDI) AND ECONOMIC GROWTH. JOURNAL OF SUSTAINABLE GROWTH AND DEVELOPMENT (THE ECONOMIC RESEARCH), 5(3), 67-89. SID. https://sid.ir/paper/86574/en

Vancouver: Copy

YAVARI K., NAJARZADEH R., SHAGHAGHI SHAHRI V.. REGIONAL CONVERGENCE AND ITS IMPACT ON FOREIGN DIRECT INVESTMENT (FDI) AND ECONOMIC GROWTH. JOURNAL OF SUSTAINABLE GROWTH AND DEVELOPMENT (THE ECONOMIC RESEARCH)[Internet]. 2005;5(3):67-89. Available from: https://sid.ir/paper/86574/en

IEEE: Copy

K. YAVARI, R. NAJARZADEH, and V. SHAGHAGHI SHAHRI, “REGIONAL CONVERGENCE AND ITS IMPACT ON FOREIGN DIRECT INVESTMENT (FDI) AND ECONOMIC GROWTH,” JOURNAL OF SUSTAINABLE GROWTH AND DEVELOPMENT (THE ECONOMIC RESEARCH), vol. 5, no. 3, pp. 67–89, 2005, [Online]. Available: https://sid.ir/paper/86574/en

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