Graduate School of International Studies Ajou University
Description
학위논문(석사)아주대학교 국제대학원--국제경영학과,2011. 8
Alternative Abstract
FDI plays a substantial role in the process of transforming the former Soviet Union states into the market economy system. Moreover, nowadays we can observe a quite fierce competition for attracting investments among developing countries. In this context, a defining and proper regulation of the determinants of Foreign Direct Investment (FDI) enact crucially in building a successful investment policy to enhance the economy. However, recent studies on the countries with former centrally planned economies, such as Eastern Europe and Commonwealth of Independent States (CIS) countries, show that FDI inflows not always determine economic growth and, in some cases, may even have negative effect rather than positive spillover. This work examines a number of determinants, which have implications for investment in Republic of Kazakhstan according to previous studies, as well as the relationship between FDI and economic growth of the state. In conclusive provisions there are some recommendations and suggestions for future studies.
Keywords: foreign direct investment, determinants, economic growth, Kazakhstan
