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Given a Indonesia’s openness and exposure to the foreign direct investment (FDI), the current study focusses on FDI, particularly inbound from it, as one of the major local and global factors that affect its economy. There are different viewpoints regarding the this effect because some see it from a positive, optimistic point of view, while some have a negative, pessimistic view that are presented researchers impartially. The goal of this research is to examine FDI, computer information technology, corruption perceptions, economic growth, and trade openness in BRICS countries using panel data from 1990 to 2021. The data used is incoming Foreign Investment data to the BRICS countries. We use the Panel Least Square (PLS) method. Results show that computer information technology, Corruption Perceptions, Economic Growth, and Trade Openness encourage FDI in BRICS countries. The development of information and computer technology has had a significant impact on increasing FDI. The low level of corruption increases investor confidence which has a positive influence on raising the FDI in BRICS countries. Economic growth is certainly an attraction for investors to invest, supported by Trade Openness. Keywords: Foreign Direct Investment (FDI), Computer Information Technology, Corruption Perceptions, Economic Growth, Trade Openness
Given a Indonesia’s openness and exposure to the foreign direct investment (FDI), the current study focusses on FDI, particularly inbound from it, as one of the major local and global factors that affect its economy. There are different viewpoints regarding the this effect because some see it from a positive, optimistic point of view, while some have a negative, pessimistic view that are presented researchers impartially. The goal of this research is to examine FDI, computer information technology, corruption perceptions, economic growth, and trade openness in BRICS countries using panel data from 1990 to 2021. The data used is incoming Foreign Investment data to the BRICS countries. We use the Panel Least Square (PLS) method. Results show that computer information technology, Corruption Perceptions, Economic Growth, and Trade Openness encourage FDI in BRICS countries. The development of information and computer technology has had a significant impact on increasing FDI. The low level of corruption increases investor confidence which has a positive influence on raising the FDI in BRICS countries. Economic growth is certainly an attraction for investors to invest, supported by Trade Openness. Keywords: Foreign Direct Investment (FDI), Computer Information Technology, Corruption Perceptions, Economic Growth, Trade Openness
The use of mineral resources plays an important role in the global economy. “As noted in the British newspaper“ Financial Times ”, this sector ranks 1st in the world in terms of capitalization of the largest companies, including mining itself (excluding oil and gas) - 5th place among global industries after the banking sector, oil and gas industry, pharmaceutical and computer industries"(Kondratyev, 2014). In the developed and rapidly developing countries of the world, industrial growth is achieved through the effective use of the local potential of natural resources, improvement of the structural composition of the industry. According to the World Bank, in 2018 the share of mineral resources in GDP was 0,9 percent in Canada, 3,5 percent in Australia and 2,5 percent in Brazil, while in Uzbekistan the figure was 12,3 percent (Saydaxmedov, 2020). Many large scientific centers around the world are working on changing the methodology for the economic assessment of mineral resources, taking into account the regional economy, new economic geography, changes in the subjects of the institutional economy and the growth of knowledge that has occurred in recent years. Much attention is paid to the use of socio-economic indicators along with technical and economic indicators in assessing the mineral resource base. Consequently, due to the development of mineral resources, opportunities arise for creating new jobs, increasing the income of the population, introducing innovative ideas and technologies in practice, and creating a competitive environment in the economy. Therefore, the study of problems in this area in connection with the social sphere and institutions acquires the necessary scientific significance. The article discusses the formation of points of production growth. The main directions of the formation of points of production growth based on mineral-raw material resources are being studied. The distribution of mineral-raw material resources by zones of Karakalpakstan is investigated. In addition, the article talks about the specific features of the formation of reference points of growth. The stages of the formation of growth support points based on the local mineral-raw material resources of Karakalpakstan in 2020-2030 are also considered.
In the context of global competition and technological progress, an increasing number of factors influence the economies of the world. With the outbreak of the war in Ukraine, there have been dramatic changes in global investment trends. The war has repercussions far beyond its immediate surroundings, causing a cost-of-living crisis that affects billions of people around the world while rising energy and food prices depress real incomes and exacerbate debt tensions. Investor uncertainty and risk aversion could put significant pressure on FDI flow this year. The impact on investment flows to developing countries in 2022 and beyond is difficult to predict. The research aims to establish the regularity of the state of investment activity in the context of the global world crisis and to determine the features and prospects of investment activity development. This can be done by conducting a regression analysis to reflect the dependence of the impact of factors on the level of investment activity in 25 economies of the world according to the Global Outsourcing Attractiveness Index between the results of legal adaptability and corporate performance. To check the level of investment activity it is necessary to analyze the state of FDI flows by regions, economies, and countries. Research methods: method of information synthesis; regression analysis; systematization, generalization, comparative analysis. Results. It has been established that as a result of regression analysis, the value of the coefficient of determination indicates that the regression model explains 78% of the dependence of the level of investment activity in 25 economies of the world between the results of legal adaptability and corporate activity. This indicates that there are still a small number of other factors influencing the level of investment activity that is not included in the regression model. It has been determined that global FDI flows recovered to USD 972 billion in the first half of 2022. However, most of the increase was in the first quarter, while global FDI flows decreased by 22% in the second quarter of 2022 compared to the previous quarter. This was caused by rising inflation and interest rates, and rising energy prices, due to Russia’s full-scale invasion of Ukraine. The study found that FDI flows recovered significantly in all regions of the world. It was found that FDI increased sharply in some European countries after the negative inflows recorded in the second half of 2022, the latter was also driven by significant growth in Australia, Germany, Mexico, Spain, and Sweden, whose FDI inflows increased by more than USD 15 billion. It has been revealed that the United States was the leading recipient and investor of FDI worldwide in 2021.
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