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What Drives Stock Market Development in the Middle East and Central Asia-Institutions, Remittances, or Natural Resources?

What Drives Stock Market Development in the Middle East and Central Asia-Institutions, Remittances, or Natural Resources? »

Source: What Drives Stock Market Development in the Middle East and Central Asia-Institutions, Remittances, or Natural Resources?

Volume/Issue: 2007/157

Series: IMF Working Papers

Author(s): Andreas Billmeier , and Isabella Massa

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2007

ISBN: 9781451867213

Keywords: Stock market capitalization, panel, institutions, stock market, stock market development, domestic credit,

In this paper, we assess the macroeconomic determinants of stock market capitalization in a panel of 17 countries in the Middle East and Central Asia, including both hydrocarbon-rich countries and economies without...

The Impact of IMF-Supported Programs on FDI in Low-income Countries

The Impact of IMF-Supported Programs on FDI in Low-income Countries »

Source: The Impact of IMF-Supported Programs on FDI in Low-income Countries

Volume/Issue: 2015/157

Series: IMF Working Papers

Author(s): Ali Al-Sadiq

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 July 2015

ISBN: 9781513502342

Keywords: IMF-Supported Programs, FDI Inflows, Low-income Countries, Treatment Effects Model, Propensity Score Matching, gdp, income, investment, variables, value

It is common for IMF-supported adjustment programs with low-income member countries (LICs) to project that they will facilitate FDI inflows. The main objective of this paper is to empirically examine this hypothesi...