Attracting Foreign Investment to Arab Countries: Getting the Basics Right - Economic Research Forum (ERF)

Attracting Foreign Investment to Arab Countries: Getting the Basics Right

Mohamed El-Erian and Mahmoud El-Gamal

November, 1997


Economic Research Forum (ERF)

F. International Economics

Foreign direct investment (FDI) is being sought by most, if not all, developing countries as a means of complementing the level of domestic investment, as well as securing economy-wide efficiency gains through the transfer of appropriate technology. To this end, policy makers have considered various incentive structures to attract FDI. This paper differentiates between “good” and “bad” types of incentives for FDI, with special focus on the experience and potential of the Arab countries.

Research Fellows

Mohamed El-Erian

Chief Economic Advisor at Allianz, the corporate parent of PIMCO

Research Fellows

Mahmoud El-Gamal

Rice University, USA



There are no Events PAST

Related Publications

Working Papers

Persistence and Change in Marriage Practices Among Syrian Refugees in Jordan

Maia Sieverding, Caroline Krafft, Nasma Berri and Caitlyn Keo

Since the onset of the Syrian conflict there has been considerable attention to reports of ... read more

Working Papers

State-Business Relations and Financial Accessibility: Explaining Firm Performance in the MENA Region

Burhan Can Karahasan and Firat Bilgel

This study investigates the triangular relationship among state-business relations, financial access and economic performance using ... read more

Working Papers

Are the Credit Rating Agencies Biased Against MENA Countries?

A. Talha Yalta and Yasemin Yalta

We investigate the claims on regional biases in the sovereign credit ratings assigned by Fitch ... read more