海外投资四模式抉择

党的十六大明确提出了"引进来"和"走出去"并举的战略部署,为今后20年我国的对外开放明确了目标.而完全意义的对外开放应该是双向的,既要"引进来",也要"走出去".     

外国直接投资与中国经济的发展

在经济全球化的大趋势中，国际直接投资已成为影响各国、各地区乃至全球经济的一一个越来越重要的因素，存量与、流：量迅速扩大，并日益成为国际经济交易中的主导力量。据统计，目前外资在各国资本构成中的比重不断增加，发达国家已达到25％，发展中国家平均为13％，中国则达到了15％，超过美国成为最大的东道国。从外资存量占国民生产总值的比例看，发达国家为21％，发展中国家则高达31％。     

中小企业对外投资策略分析

中小企业是我国的重要经济主体，对我国的技术进步、就业等方面都做出了重大的贡献，而时外投资是中小企业发展的重要途径和手段。因此中小企业如何更好地实现时外投资，已经成为我国经济发展所面临的重要问题。作首先分析了中小企业进行对外投资的优势和劣势，在这基础之上提出了中小企业进行对外投资的策略建议。     

我国对外直接投资的问题及对策研究

进入21世纪，世界经济全球化已成为不可逆转的趋势，各国在贸易、投资和金融活动方面的联系日益增强，商品、资金和人才等各种要素跨国自由流动，使对外直接投资日益成为各国在经济全球化进程中相互联系、相互依赖的基本途径。     

Promotion of US private investment

The Overseas Private Investment Corporation (OPIC) has been officially in business since January 19, 1971. Its major purpose is to reorganise and widen the scope of programmes for the promotion of US private investment overseas in developing countries.     

浅议对外投资的扩大对就业的影响

加入WTO后，我国对外开放正进入一个新的发展阶段。其中一个重要方面就是我国对外开放不仅要继续重视“引进来”而且更重视“走出去”，特别是加大对外投资的力度，我国企业的对外投资起步较晚，在改革开放后，经过20多年的发展，已经初具规模。据外经贸部的统计，截至2002年底，我国设立境外中资企业总数6960家，中外双方协议投资总额137．8亿     

外商直接投资与证券投资的差异性：一个经济学分析框架

随着全球经济的发展，外商直接投资和证券投资已成为一国经济健康发展不可或缺的推动力量，但是东道国对于外商直接投资和证券投资的态度和政策却是迥然不同的。人们普遍认为外商直接投资能够促进经济的发展，而几次亚洲的金融危机却使他们特别是发展中国家对证券投资产生了强烈的排斥。以中国和美国为例，中围现已成为世界吸收外商直接投资的第一     

Legal aspects of private foreign investment

The marked dependence of the safety and commercial success of direct investments upon regulations enjoined by law or treaty poses a problem of topical significance.     

China to encourage overseas investment With easier procedures

China＇s Ministry of Land and Resources has announced a 30,percent cut in the minimum purchase price of land for industrial use in order to boost investment.     

外商直接投资与中国经济增长的实证分析

2005年中国利用外商直接投资规模再创新高,达606亿美元。外商直接投资的大量流入,缓解了中国经济快速发展进程中的资本短缺,促进了外向型经济的迅猛增长,使国民经济走向了工业化、市场化、国际化三位一体发展的道路。本文运用相关分析、格兰杰因果关系检验、协整关系检验这些实证研究方法,研究了近年来外商直接投资与中国经济增长之间的关系。研究表明,外商直接投资与中国经济增长有密切的相关性。外商直接投资与中国经济增长的关系体现为外商直接投资促进中国经济增长,同时中国经济增长引起外商直接投资增长。外商直接投资增加1%,国民生产总值增加0.37%。     

Financial development and private investment in Sub-Saharan Africa

This study examines the relationship between financial sector development and private investment in Sub-Saharan Africa. It uses panel data covering the period 1991-2004 from 18 countries in Africa. The main findings of the study are as follows: there is a negative relationship between interest rate and private investment, signaling large interest rate spreads in African economies. It is also found that both the credit to the private sector and the turnover ratio have significant relationships with private investment. However, the effect of turnover ratio on investment is insignificant. The insignificance of the stock market indicator reflects the low stage of stock market development in most of the African economies. In addition, it is found that the informal sector is still large and has positive effects on private investment and that institutional variables play a key role in determining the level of private investment in Africa.     

Organizational goals and resource allocation to overseas foreign direct investment

We investigate how organizational goal setting impacts slack resource allocation between markets at home and overseas, and argue that organizational goals, publicly announced, impact managers’ evaluations of resource allocation opportunities. Based on a sample of Chinese publicly listed manufacturing firms for the period 2010 to 2016, we find that when firms announce publicly a sales increasing goal as their priority, their attention will be focused on this goal with a tendency to invest the firm's slack resources locally. This tendency to invest slack resources locally is enhanced if the announced goal is not achieved, but is not achieved with a minor discrepancy. However, if the goal is not achieved, and with a major discrepancy, managers will likely conduct problemistic search and look to foreign locations to invest the firm's slack resources to achieve this goal. We also find the impact of organizational goal setting is more salient for SOEs and is dependent on levels of remuneration in the firm. As such, we revisit the importance of organization goals and the resource allocation decision in the firm which has not received the research attention one may have expected.     

财政支出对民间投资效应的跨时差片和地区差异

本文研究财政支出对民间投资的效应是否存在跨时差异和地区差异。我们对比分析了1981-1993年、1994-2005年这两个时间段的回归结果,发现财政支出对民间投资的促进作用主要体现在1981-1993年。对财政支出效应地区差异的实证分析表明：虽然从全国范围看,财政支出总量无助于促进民间投资,但是分地区看,财政支出效应在中部最大,而在东西部并不显著。