FOREIGN DIRECT INVESTMENT, INSTITUTIONAL QUALITY, AND ECONOMIC TRANSFORMATION: A THEORETICAL PERSPECTIVE
Keywords:
Foreign direct investment, Institutional quality, Economic growth, Digital transformation, Innovation, Globalization, Sustainable development.Abstract
This thesis is devoted to the theoretical and analytical examination of foreign direct investment (FDI) as a key driver of economic development in modern economies. The relevance of the research is determined by the growing role of global capital flows in shaping national economic trajectories and accelerating structural transformation. The main objective of the study is to explore the economic essence of FDI and to substantiate its role in promoting economic growth, technological advancement, and institutional development.
References
John H. Dunning (1988). The eclectic paradigm of international production.
Douglass C. North (1990). Institutions, Institutional Change and Economic Performance.
Paul M. Romer (1990). Endogenous technological change.
Robert E. Lucas (1988). On the mechanics of economic development.
Borensztein, De Gregorio, J., & Lee, J. W. (1998). How does FDI affect economic growth?
Alfaro, Chanda, A., Kalemli-Ozcan, S., & Sayek, S. (2004). FDI and economic growth.
Daniel Kaufmann, Kraay, A., & Mastruzzi, M. (2010). Governance indicators.
Erik Brynjolfsson & Lorin M. Hitt (2000). ICT and productivity.
International Monetary Fund (2009). Balance of Payments Manual.
United Nations Conference on Trade and Development (2022). World Investment Report.
World Bank (2021). World Development Indicators.
OECD (2022). International investment statistics.
Downloads
Published
Issue
Section
How to Cite
