Gateway to Think Tanks
来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP1592 |
DP1592 Can Relationship Banking Survive Competition? | |
Anjan Thakor; Arnoud Boot | |
发表日期 | 1997-03-27 |
出版年 | 1997 |
语种 | 英语 |
摘要 | In this paper the two standard forms of international investment in developing countries ? debt and foreign direct investment (FDI) ? are compared from a finance perspective. We show that the sovereign risks associated with debt finance are generally less severe than those accompanying FDI. FDI is chosen only if the foreign investor is more efficient in running the project, if the project is risky and if the foreign investor has a good outside option which deters creeping expropriation. The sovereign risk problem of FDI can be alleviated if the host country and the foreign investor form a joint venture. |
主题 | International Trade and Regional Economics |
关键词 | Foreign direct investment International debt crisis Joint ventures Sovereign risk |
URL | https://cepr.org/publications/dp1592 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/530734 |
推荐引用方式 GB/T 7714 | Anjan Thakor,Arnoud Boot. DP1592 Can Relationship Banking Survive Competition?. 1997. |
条目包含的文件 | 条目无相关文件。 |
个性服务 |
推荐该条目 |
保存到收藏夹 |
导出为Endnote文件 |
谷歌学术 |
谷歌学术中相似的文章 |
[Anjan Thakor]的文章 |
[Arnoud Boot]的文章 |
百度学术 |
百度学术中相似的文章 |
[Anjan Thakor]的文章 |
[Arnoud Boot]的文章 |
必应学术 |
必应学术中相似的文章 |
[Anjan Thakor]的文章 |
[Arnoud Boot]的文章 |
相关权益政策 |
暂无数据 |
收藏/分享 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。