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

A New Dawn for MENA Firms: Service Trade Liberalization for More Competitive Exports

Fida Karam and Chahir Zaki

With the ongoing debates on the Doha Agenda, micro-level empirical evidence has emerged to highlight ... read more

Working Papers

Time-Varying Casual Nexuses Between Remittances and Financial Development in Some MENA Countries

Ilham Haouas, Naceur Kheraief, Arusha Cooray and Syed Jawad Hussain Shahzad

This paper examines the causality between remittances (REMs) and financial sector development (FD) in MENA ... read more

Working Papers

Unemployment and Violent Extremism: Evidence from Daesh Foreign Recruits

Mohamed Abdel Jelil, Kartika Bhatia, Anne Brockmeyer, Quy-Toan Do and Cl´ement Joubert

Transnational terrorist organizations such as the Islamic State (also known as Daesh) have shown an ... read more