Η συμπεριφορά των Άμεσων Ξένων Επενδύσεων κατά τη διάρκεια της οικονομικής κρίσης: Ελλάδα, Ιρλανδία, Πορτογαλία, Ισπανία
The trends of Foreign Direct Investment before and during the economic crisis: Greece, Ireland, Portugal and Spain
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Επενδύσεις, Ξένες ; Οικονομικές κρίσειςAbstract
The present study examines the framework of Foreign Direct Investment (FDI), both domestically and globally, as well as its FDI trends during the current economic crisis. FDI plays an important role in the development of the global economy, the internationalization of markets, the technological performance of countries, the improvement of infrastructure and the increase in revenues of companies and markets.
In the present study and, in particular in the first chapter, the wider operational framework of FDI is analyzed, focusing on those definitions that economists have established over the years, types of FDI and factors and methods for countries to attract investment.
In chapter two, the factors that exist in the global FDI environment are analyzed and, to examine this topic at a deeper level the investment environment in Greece, Spain, Ireland and Portugal are examined from the legislative point of view with potential problems arising from FDI in those countries.
In chapter three, the meaning and characteristic of economic crisis is analyzed and how the crisis has affected investment domestically and globally. For a better understanding of the impact of the economic recession on FDI performance, charts and tables are displayed, providing the data that document the results of the negative impact of the economic crisis in Greece, Spain, Ireland and Portugal, and document FDI financial inputs and volumes.
In chapter four, economic testing through the STATA statistical program in the four countries (Greece, Spain, Ireland and Portugal) examines the dependent variable (FDI), in relation to independent variables: exports (of goods and services), GDP, imports (of goods and services), inflation and unemployment.
Each country presented different results with respect to the independent variable, which affects investment in that country. In Greece a statistically important variable is salary, in Spain inflation and the unemployment rate are important, in Portugal exports and the inflation rate, and in Ireland the export trends. Chapter five presents, in brief, an overview of the results that evolved from the study, in those countries.