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• W2186753997 abstract "Declines in asset prices, drying up of liquidity in a number of funding markets, and shrink in demands are the results of the recent global financial crisis. While the stress is now intensified in developed world, the next hit will be the low-income countries due to the prospects of a drop in income from cheaper commodity prices, a fall in growth-enhancing economic catalysts such as inward Foreign Direct Investment (FDI), and a slower rate of export income. However, the world is not divided only into rich and poor countries. Lied in between are 95 middle-income developing countries including Brazil, Russia, India, and China (BRICs) whose economic environments, though being affected by the global financial crisis, still look promising for further growth. This paper proposes that these middle-income developing countries especially BRICs could take actions that might promote their economic development as well as help alleviate the adverse effects from the global financial crisis through making an outward Foreign Direct Investment (FDI). Using the Investment Development Path framework and the concept of Juglar Cycles, this paper suggests that the outward FDI aimed for efficiency-seeking and asset-seeking purposes could benefit home" @default.
• W2186753997 created "2016-06-24" @default.
• W2186753997 creator A5062411312 @default.
• W2186753997 date "2009-01-01" @default.
• W2186753997 modified "2023-09-27" @default.
• W2186753997 title "Opportunities for Development during Global Recession: Outward FDI from Emerging Economies to Developed World: a win-win strategy" @default.
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