FDI and the investment climate in the CIS countries /
Saved in:
Author / Creator: | Shiells, Clinton R., author. |
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Imprint: | [Washington, D.C.] : International Monetary Fund, ©2003. |
Description: | 1 online resource (34 pages) |
Language: | English |
Series: | IMF policy discussion paper ; PDP/03/5 IMF policy discussion paper ; PDP/03/5. |
Subject: | |
Format: | E-Resource Book |
URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12494806 |
Other authors / contributors: | International Monetary Fund. European II Department. |
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ISBN: | 9781455279982 1455279986 9781455262908 1455262900 1462316913 9781462316915 1451972849 9781451972849 |
Notes: | "November 2003." "European II Department." Includes bibliographical references. Restrictions unspecified Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010. Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 digitized 2010 HathiTrust Digital Library committed to preserve Online resource; title from home page (viewed Feb. 24, 2004). |
Summary: | Annotation In view of disappointing levels of inward foreign direct investment (FDI), this paper examines capital flows into the Commonwealth of Independent States (CIS) countries and investigates the main impediments to a more favorable investment climate. Direct investment inflows have generally been related to natural resource extraction or energy transportation infrastructure projects, large privatization transactions, and debt/equity swaps to pay for energy supplies. Low FDI inflows despite strengthening macroeconomic performance has reflected a weak investment climate particularly owing to incomplete structural reforms. IMF staff working on the countries concerned cited burdensome tax systems, widespread corruption, extensive state intervention coupled with weak legal and regulatory frameworks, and incomplete structural reforms as the main impediments. |
Other form: | Print version: Shiells, Clinton R. FDI and the investment climate in the CIS countries. Washington, D.C. : International Monetary Fund, European II Dept., 2003 |
Standard no.: | 10.5089/9781455279982.003 |
Publisher's no.: | MWT11409412 |
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