FDI IN LATIN AMERICA AND CENTRAL ASIA: A COMPARATIVE ANALYSIS BETWEEN PERU AND UZBEKISTAN

Polyxeny Kechagia () and Theodore Metaxas

Applied Econometrics and International Development, 2016, vol. 16, issue 2, 65-74

Abstract: The majority of the developing economies worldwide use foreign capitals inflows so as to achieve economic growth, to enable the host country’s productivity and to improve the standard of living. A significant amount of FDI is absorbed by the developing economies of Latin American and Central Asia. The cases of Peru and Uzbekistan are chosen so as to investigate the impact of the FDI on the economic growth of these countries performing a comparative analysis. It is argued that both countries performed economic and political reforms in order to improve their attractiveness and to become top FDI destinations.

Keywords: FDI; developing countries; Latin America; Central Asia; Peru; Uzbekistan (search for similar items in EconPapers)
JEL-codes: F21 O16 O18 R11 (search for similar items in EconPapers)
Date: 2016
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