Liquidity Constraints and Investment in Transition Economies
β Scribed by Nina Budina; Harry Garretsen; Eelke De Jong
- Book ID
- 108559434
- Publisher
- John Wiley and Sons
- Year
- 2000
- Tongue
- English
- Weight
- 101 KB
- Volume
- 8
- Category
- Article
- ISSN
- 0967-0750
No coin nor oath required. For personal study only.
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## Abstract The inflows of foreign direct investment (FDI) in transition economies are affected by political factors. This paper examines the empirical effects of two factors: (i) the level of economic reform; and (ii) the level of βcaptureβ of the state by political and economic elites, on the lev