ПРЯМЫЕ ИНОСТРАННЫЕ ИНВЕСТИЦИИ: ТЕОРИИ, СОВРЕМЕННЫЕ ТРЕНДЫ И ИНСТИТУЦИОНАЛЬНЫЕ ФАКТОРЫ
Keywords:
foreign direct investment, investor, investment policy, investment climate, economic growth, institutional indices, innovation, index of economic freedomAbstract
Foreign direct investment (FDI) is an important factor in stimulating economic growth in developing countries. As is known, there is varying empirical evidence on the magnitude of the benefits of foreign direct investment (FDI) for the economies of developing countries. The results of theoretical and practical research in the field of analysis of foreign direct investment will
allow us to more deeply understand the economic mechanism of investor behavior in the economy at both the micro and macro levels, and discover new areas of research in economic theory. This article is devoted to theoretical aspects, analysis of current trends and trends in the development of investment processes in the world and Uzbekistan, as well as institutional factors for activating investment processes that will increase the influx of FDI into the national economy.
References
Закона «Об инвестициях и инвестиционной деятельности» № ЗРУ-598 от 25.12.2019 г.
Закон «О специальных экономических зонах» № ЗРУ-604 от 17.02.2020 г.
Указ Президента Республики Узбекистан №УП-5495 «О мерах по кардинальному улучшению инвестиционного климата в Республике Узбекистан» от 01.08.2018 года
Указ Президента Республики Узбекистан № УП-158 “О Стратегии “Узбекистан – 2030” от 11.09.2023 г.
OECD. FDI in figures. April 2016. – Electronic data – 24.02.2018 – Mode of access: http://www.oecd.org/ corporate/FDI-in-Figures- April-2016.pdf
Лачининский С.С. География прямых инвестиций США за рубежом: закономерности и сдвиги / С.С. Лачининский. – LAP Lambert Academic Publishing GmbH & Co. KG, 2010. – 180 c.
Alvaro, L., Chanda, A., Kalemli-Ozcan, S., Sayek, S. How Does Foreign Direct Investment Promote Economic Growth? Exploring the Effects of Financial Markets on Linkages // Working Paper. – 2006. – № 07–013.
Asafu-Adjaye, J. What has been Im pact of Foreign Direct Investment in Ghana? // IEA Policy Analysis. – 2005. – № 1 (9).
Graham, E.M. Foreign Direct Investment in World Economy // IMF Work ing Papers. – 1995. – № 95/59.
Lipsey, R. Home and Host Coun try Effects of FDI. – Lidingö, 2002.
Denisia, V. Foreign Direct Investment Theories: Overview of Main FDI Theories // European Journal of Interdisci- plinary Studies. –2010. –№ 3. – Р. 53–59.
Ekpo, A. H. Government Policy and Foreign Private Investment in Nigeria, 1960-1994. Final Report Submitted to the AERC. – Nairobi, Kenya, 1996.
Kim, A. M. Impact of Foreign Direct Investment (FDIs) on Economic Growth and Development in Kenya. Uni versity of Nairobi, 2011 [Electronic re source]. – Mode of access: http://www.aibuma.org/proceedings2011 /aibuma2011_s ubmission_7.pdf.
Itagaki, T. Theory of Multinational Firm under Exchange Rate Uncertainty//Canadian Journal of Economics. – 1981. – № 14. – P. 276–297.
Investment Policy Monitor (2023). The United States introduces outbound investment controls on certain transactions. 9.08.2023 // https://investmentpolicy.unctad.org/ (доступ 25.08.2023).
Global Trade and Sanctions Law (GTSL) (2020). Key Takeaways from CFIUS Final Rules ImplementingFIRRMA. 15.12.2020// https://www.globaltradeandsanctionslaw.com/takeaways -cfius-final-rules-firrma/ (доступ 18.04.2024)
Jaeger M. (2023). A More Strategic Approach to Foreign Direct Investment Policy. (DGAP Policy Brief, 1). Berlin: Forschungsinstitut der Deutschen Gesellschaft für Auswärtige Politik e.V. // https://nbn-resolving.org/urn:nbn:de:0168-ssoar-85178-7
Цзя Ш. Эволюция и перспективы развития законодательства КНР об иностранных инвестициях // Сибирское юридическое обозрение. 2023. Том 20. № 1. С. 37–47.
Ведомости. Китай опубликовал новую концепцию по привлечению иностранных инвестиций. 14.08.2023// https://www.vedomosti.ru/investments/articles/2023/08/14/990017-opublikoval-novuyukontseptsiyu (доступ 10.05.2024)
РСМД (2017). Меньше, да лучше: почему Китай ужесточает требования к зарубежным инвестициям.26.05.2017 https://russiancouncil.ru/analytics-andcomments/analytics/menshe- da-luchshe-pochemu-kitay-uzhestochaet-trebovaniya-kzarubezhnym-investitsiyam-/(доступ 20.05.2024)
Норт Д. Институты, институциональные изменения и функционирование экономики / Пер. с англ. А. Н. Нестеренко; предисл. и науч. ред. Б. З. Мильнера. – М.: Фонд экономической книги «Начала», 1997. – 180 с. – (Современная институциональноэволюционная теория).
Hymer S. H. The international operations of national firms: A study of direct foreign investment. Cambridge: MIT press, 1976. – 288 р.
Porter M. The Competitive Advantage of Nations // Harvard Business Review. – 1990. м № 2. – P. 1–21.
Самусенко, Д. Н. Особенности участия развивающихся стран, не имеющих выхода к морю, в процессах прямого инвестирования / Д. Н. Самусенко. – Текст:непосредственный // Вопросы экономики и управления. – 2016. – № 5 (7). – С. 76-80. –URL: https:// moluch.ru/th/ 5/archive/44/1521/ (дата обращения: 26.05.2024).
Edison H. How Strong Are the Links Between Institutional Quality and Economic Performance // Finance & Development – 2003. – № 40(2). – P. 35–37.
Barnard H., Luiz J. M. Escape FDI and the dynamics of a cumulative process of institutional misalignment and contestation: Stress, strain and failure // Journal of World Business. – 2018. – № 53. – P. 605–619 https://doi.org/10.1016/j. jwb.2018.03.010.
Tintin C. The determinants of foreign direct investment inflows in the Central and Eastern European Countries: The importance of institutions // Communist and Post-Communist Studies. – 2013. – № 46. – P. 287–298. – doi: 10.1016/j. postcomstud.2013.03.006.
Aziz O. G. Institutional quality and FDI inflows in Arab economies // Finance Research Letters. – 2018. – № 25. – P. 111–123. – DOI: https://doi.org/10.1016/j.frl.2017.10.026.
Fan J. P. H. Institutions and Foreign Direct Investment: China versus the Rest of the World // World Development. – 2009. – Vol. 37. – №. 4. – P. 852–865. – doi:10.1016/j. worlddev.2008.07.016.
Fathi A. A., Fiess N., MacDonald R. Do Institutions Matter for Foreign Direct Investment? // Open Econ Rev. – 2010. – № 21. – P. 201–219. – DOI 10.1007/s11079–010–9170–4.
Busse M., Hefeker C. Political risk, institutions and foreign direct investment European Journal of Political Economy – 2007. – № 23. – P. 397–415. – doi: 10.1016/j.ejpoleco.2006.02.003.
Villaverde J., Maza A. The determinants of inward foreign direct investment: Evidence from the European regions // International Business Review. – 2015. – № 24. – Pp. 209– 223. – DOI: 10.1016/j.ibusrev.2014.07.008.
