Foreign direct investment, trade and economic growth: a new paradigm of the BRICS
The present study begins by surveying broadly supports the assertion that regional integration in the case of the BRICS is not adequately paid attention except with very few original or significant contributions.This research examines the existing pattern in the areas of trade and investment with a...
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my.uum.repo.185662017-05-04T06:31:06Z http://repo.uum.edu.my/18566/ Foreign direct investment, trade and economic growth: a new paradigm of the BRICS Prabhakar, Akhilesh Chandra Azam, Muhammad Bakhtyar, Bardia Ibrahim, Yusnidah HC Economic History and Conditions The present study begins by surveying broadly supports the assertion that regional integration in the case of the BRICS is not adequately paid attention except with very few original or significant contributions.This research examines the existing pattern in the areas of trade and investment with a view to locate in the development context.It was also essential to make a theoretical investigation on literature of trade along with the empirical one.The survey broadly supports the frequent, through usually undocumented, assertion that BRICS was an area had tended to neglect and to which they had made few if any original or significant contributions. Alongside, this study panel data on BRICSs, where the results confirm that foreign direct investment (FDI), trade and economic growth indicate the presence of long-run sustainable equilibrium relationship between them.It is thus important that policymakers to remove obstacles to FDI inflows and improve the respective absorptive capacity in order to reap maximize positive growth effects.This study also discussed that how China performed well through attracting FDI inflows and maintained trade balance. Canadian Center of Science and Education 2015 Article PeerReviewed application/pdf en cc_by http://repo.uum.edu.my/18566/1/MAS%20%20%209%2012%20%202015%20%2032-42.pdf Prabhakar, Akhilesh Chandra and Azam, Muhammad and Bakhtyar, Bardia and Ibrahim, Yusnidah (2015) Foreign direct investment, trade and economic growth: a new paradigm of the BRICS. Modern Applied Science, 9 (12). pp. 32-42. ISSN 1913-1844 http://doi.org/10.5539/mas.v9n12p32 doi:10.5539/mas.v9n12p32 |
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HC Economic History and Conditions Prabhakar, Akhilesh Chandra Azam, Muhammad Bakhtyar, Bardia Ibrahim, Yusnidah Foreign direct investment, trade and economic growth: a new paradigm of the BRICS |
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The present study begins by surveying broadly supports the assertion that regional integration in the case of the BRICS is not adequately paid attention except with very few original or significant contributions.This research examines the existing pattern in the areas of trade and investment with a view to locate in the development context.It was also essential to make a theoretical investigation on literature of trade along with the empirical one.The survey broadly supports the frequent, through usually undocumented, assertion that BRICS was an area
had tended to neglect and to which they had made few if any original or significant contributions. Alongside, this study panel data on BRICSs, where the results confirm that foreign direct investment (FDI), trade and economic growth indicate the presence of long-run sustainable equilibrium relationship between them.It is thus important
that policymakers to remove obstacles to FDI inflows and improve the respective absorptive capacity in order to reap maximize positive growth effects.This study also discussed that how China performed well through attracting FDI inflows and maintained trade balance. |
format |
Article |
author |
Prabhakar, Akhilesh Chandra Azam, Muhammad Bakhtyar, Bardia Ibrahim, Yusnidah |
author_facet |
Prabhakar, Akhilesh Chandra Azam, Muhammad Bakhtyar, Bardia Ibrahim, Yusnidah |
author_sort |
Prabhakar, Akhilesh Chandra |
title |
Foreign direct investment, trade and economic growth: a new paradigm of the BRICS |
title_short |
Foreign direct investment, trade and economic growth: a new paradigm of the BRICS |
title_full |
Foreign direct investment, trade and economic growth: a new paradigm of the BRICS |
title_fullStr |
Foreign direct investment, trade and economic growth: a new paradigm of the BRICS |
title_full_unstemmed |
Foreign direct investment, trade and economic growth: a new paradigm of the BRICS |
title_sort |
foreign direct investment, trade and economic growth: a new paradigm of the brics |
publisher |
Canadian Center of Science and Education |
publishDate |
2015 |
url |
http://repo.uum.edu.my/18566/1/MAS%20%20%209%2012%20%202015%20%2032-42.pdf http://repo.uum.edu.my/18566/ http://doi.org/10.5539/mas.v9n12p32 |
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