Advantages and risks of foreign investors' participation in the projects of public-private partnership
I. Bohdan
Economy and Forecasting, 2013, issue 2, 43-54
Abstract:
The purpose of this article is investigating the role of foreign investments in a contemporary globalized economy as a factor of acceleration of the national economic development. Based on the analysis of international trends in the investment projects involving foreign investors the author proves that active gross fixed capital formation, particularly in low- and middle-income countries, is largely determined by the availability of efficient mechanisms to attract foreign investments into the national economy. In this context, the implementation of advanced mechanisms for investment planning based on public-private partnership is one of the promising areas of infrastructure development, which is currently growing in the world. Author focuses on the following aspects of the development of investment cooperation mechanisms: the development of the concept of the role of foreign investments, the definition and explanation of their functions for the development of a national economy, the setting up of an effective institutional framework for cooperation among government, business and international organizations, issues of involvement of international organizations for economic development and transnational corporations in the design and implementation of the public-private partnership.
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:eip:journl:y:2013:i:2:p:43-54
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