Risk Instability and the Pattern of Foreign Direct Investment in the Middle East and North Africa Region

Risk Instability and the Pattern of Foreign Direct Investment in the Middle East and North Africa Region
This paper demonstrates that instability associated with investment risk is critical in explaining the level of foreign direct investment for the Middle East and North Africa (MENA) countries, which generally have higher investment risk than developed countries. The empirical results support this hypothesis, whether either the standard deviation... READ MORE...

Publication date: August 2004
ISBN 9781451856071
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