THE APPROPRIATENESS OF THE SITUATION AND ENVIRONMENT IN DEVELOPING COUNTRIES FOR ATTRACTING FOREIGN DIRECT INVESTMENT

Fedaa Abd Almajid Sabbar
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Fedaa Abd Almajid Sabbar: Al-Mustansiriyah University - Presidency University Department of Control and Internal Audit, Baghdad, Iraq

Annals of University of Craiova - Economic Sciences Series, 2019, vol. 2, issue 47, 111-118

Abstract: In recent years, developing countries, including Arab countries, have sought to attract foreign direct investment (FDI) to their countries and have worked to prepare their local environment for attracting such investment. Foreign investments are an important source of external financing in these countries and an engine of economic growth through which to raise the productive capacities of the local economy. This new trend of Arab countries, including Iraq, The importance of the study lies in the fact that foreign direct investment is an economic phenomenon that represents the process of encouraging and protecting it as a manifestation of economic openness. The study has reached several conclusions, the most important of which is that FDI has an important role to play in supporting the economic growth of the host countries because of the administrative and regulatory expertise it provi

Keywords: investment; growth; attract; integration; development (search for similar items in EconPapers)
JEL-codes: O10 O4 P45 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:aio:aucsse:v:2:y:2019:i:47:p:111-118

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