les cahiers du mecas
Volume 6, Numéro 1, Pages 196-221
2010-12-31
اثر سعر الصرف على جذب الاستثماراتالاجنبية المباشرة في البادان النامية دراسة حالة الجزائر
الكاتب : بوثلجة جمال عبد الناصر . ناصري نفيسة .
الملخص
This work aims to highlight the relationship between the effect of changes in exchange rates and FDI flows, as the returns of these investments must be compared with the exchange rate risks when investing abroad, so that the appropriate investment decision, in addition, the risk of exchange rate cause different cost of capital for companies located in areas of differing currencies, and thus affect the flow of foreign investments, in an attempt to abort it to the reality of Algeria and the disclosure of the most important concepts associated with exchanges rates and FDI. Have concluded this study given results obtained from test relations of long-term between the exchange rate of the dinar and foreign direct investment flows, using the co integration method to the absence of any relationship between the two variables in the long term, and is due to several reasons including that: the process of reducing the dinar, which was in two phases in 1991 and 1994 were not sufficient For the theoretical results, FDI inflows recorded in the floating orbit were not a foregone conclusion for the exchange rate regime, but were the result of a policy to encourage investment, and guarantees for foreign investors, as well as the attention of the Algerian authorities to provide the appropriate environment to attract that kind of investments.
الكلمات المفتاحية
Foreign direct investment (FDI), exchange rate, exchange rate policies, investment climate, the co integration
مقالات مماثلة
خيرة هادف
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ص 30-52.
بوزيان مختارية
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بن يحي يحي
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ص 441-462.
أ.لحسن جديدن
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أ.د.محمد بن بوزيان
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أ.ميلود وافي
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ص 190-221.
سعاد بوزيدي
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دليلة طالب
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ص 41-60.
