GLOBAL ECONOMIC CRISIS AND FOREIGN DIRECT INVESTMENT
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Tarih
2011
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Silesian Univ Opava, School Business Administration Karvina
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
In economic terms, due to globalization, economic crisis have gone global too. The first global crisis that affected the whole world is the 1929 Great Depression. The world had many crises before 1929 yet their effects have been limited. The extent of the volume of the world economy has come brings global crises of today to have major impact together. Acceleration of globalization since 1990 has led to an increase in number of economic crises. The crises came up to the world agenda as much as the wars in the last two decades. 1994 Mexico, 1998 Russia, 1994, November 2000 and February 2001 Turkey, 2002 Argentina crises were not global but has had negative effects on the world economy. Besides, 1997 Asia and finally the global financial crisis started in the United States in the second half of 2007 had large impacts on the world economy. The late two decades will be noted in the world history as years of crises. Naturally, the crises have led to changes and transformations. Economic ones standing first on the list, socio-economic, political and legal changes are eventuating consecutively in the world. According as ongoing the recession caused by the global crisis, foreign investment trends have been mainly suffered. In this study, first a brief history of the past over the present crisis has been discussed. In latter sections, the determinants of foreign investment, changes in the trends of foreign investment flows in developed, developing, emerging and transition economies have been dealt and pre and post crisis figures of these economies have been evaluated. Then finally the study has focused on effects of Global Financial Crisis on the change of foreign investment and the factors that affected the foreign investment.
Açıklama
6th International Scientific Symposium on Business Administration -- MAY 27-28, 2010 -- Karvina, CZECH REPUBLIC
Anahtar Kelimeler
Economic Crisis, Global Recession, Foreign Investment
Kaynak
Proceedings of The 6th International Scientific Symposium on Business Administration: Global Economic Crisis and Changes: Restructuring Business System: Strategic Perspectives For Local, National and Global Actors
WoS Q Değeri
N/A
