Attract foreign investment in developing countries (with emphasis on the Islamic Republic of Iran)

Document Type : Research Paper

Authors

1 Associate Professor of Management, Tehran University, Tehran

2 Assistant Professor of Management, Imam Sadiq University, Tehran

Abstract

Economic globalization and international financial markets in the past decades, has developed into a substantial investment opportunities that somehow all these opportunities with new and unique risks is depended. Investment world in the past two decades, witnessed many crises in the foreign debts of developing countries and economic inability this countries to repay the debt. Inability countries in performance of international finance undertaking under the economic and political factors, state conceptional analogical factory that in international finance economic named country risk.
In addition, foreign direct investment, highly effective component in economic growth in developing countries is considered to be influenced by various factors, economic, political and social - including country risk is a key indicator. Study, while recognizing and providing a comprehensive definition of the concept of country risk and its assessment, to investigate the relationship between the attract foreign investment and effective factories  examines the country risk  and then  concludes that there is between changes incountry risk  and attract foreign investment, considerable significant negative correlation.

Keywords

بانک مرکزیجمهوری اسلامی ایران (1389)، گزارش سالانه بانک مرکزی، تهران: بانک مرکزی جمهوری اسلامی ایران.
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Volume 6, Issue 2 - Serial Number 2
February 2013
Pages 63-97
  • Receive Date: 25 July 2012
  • Accept Date: 04 October 2012