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The role of foreign direct investment in the economic development of Nigeria
Šikulová, Bára
This study analyzes the impact of foreign direct investment inflow on the economic development of Nigera. The literature review covered the main topics related to the research, such as foreign direct investment, economic development and their relationship, and a comparison of the evolution of the chosen variables in time in Nigeria with the other countries. Annual time series data for the research were obtained from the World Bank database, ranging from 2003 to 2020. As a method of analysis, the ordinary least square (OLS) technique is used to estimate the multivariate regression model, together with the Unit root (ADF) test and Johansen cointegrations test. The dependent variable for the research was Human Development Index (HDI), and the independent variables were Foreign direct investment (FDI), Gross fixed capital formation (GFCF) and Labour force (LF). The results show that while LF has a significant positive impact on HDI, FDI and GFCF have no significant impact on HDI in the analysed period.
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Ekonomický vplyv Číny v Latinskej Amerike
Čech, Michal
The bachelor's thesis deals with China's current influence in Latin American countries. Closer, however, is the work focused on the area of mining of mineral resources, with which the Chinese presence is often associated. Emphasis is placed on the analysis of mutual trade relations, but also the influence of China's influence in the region. We also deal with direct foreign investments and the export market in our work. The aim of the bachelor thesis is to find out what is the economic importance of China for Latin America, especially what is the role of Chinese trade and Chinese investments for the economy of Latin American countries. As attributes, we set exports and investments in selected Latin American countries, specifically in Chile, Mexico and Peru. The presented work consists of a theoretical and an empirical part. In the theoretical part, we focus on the research of professional literature through which we will process theoretical knowledge about the foreign-political relations of China and Latin America. Based on the available literature, we will theoretically process the economic relations between China and Latin America, which we will apply to the empirical part. The empirical part of the work will consist of case studies of selected Latin American countries, namely Chile, Mexico and Peru. The attributes of the comparison that will be described in the thesis within the mentioned countries are export and foreign investments.
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Fiscal benefits and environmental costs of the corporate tax race to the bottom
Čep, Jiří ; Palanský, Miroslav (advisor) ; Janský, Petr (referee)
The goal of this thesis is to compare the fiscal benefits and environmen- tal costs of inward foreign direct investment (FDI) gained through lowering the corporate tax. We achieve this by utilizing a dataset constructed from multiple sources, primarily World Bank, UN, and UNU WIDER. It encom- passes 223 countries and territories between 1990 and 2020. In the three-step model, we first explain the variation in FDI due to a change in the corpo- rate tax rate, later investigate the effect of the change of FDI on government corporate tax revenue, and finally, we examine the effect of FDI change on CO2 emissions. We then convert those to monetary terms using the social costs of carbon mechanics. The results show that although we have discovered a significant positive fiscal effect of corporate tax cut, we have failed to prove the existence of a causal relationship between FDI change and change in CO2 emissions per capita. Moreover, we did not find evidence of this relationship on any regional or development level. We verified the existence of a positive impact of corporate tax cut on incoming FDI. Keywords Corporate taxation, greenhouse gas emissions, social costs of carbon, for- eign direct investment, tax havens
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Analysis of the Pattern of US FDI Inflow into CEE region and a Study of the Impact of US FDI on the Private Consumption Expenditure of Czech Republic
John, Erin ; Jeřábek, Petr (advisor) ; Svoboda, Karel (referee) ; Figueira, Filipa (referee)
The study presented has a dual objective. The first one being to analyse the pattern of inflow of FDI from The United States into the CEE region for a period of thirty years (1990 - 2020). The countries from the CEE region that is studied here are Bulgaria, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland , Romania, Slovenia and Slovakia. The second objective of the study is to understand the impact US FDI inflow has on the Private Consumption Expenditure of Czech Republic for the same time period. I gathered data on twelve macroeconomic variables of the CEE region in the past thirty years. In order to study the pattern of the FDI inflow, the factors that attracted the huge amount of FDI has been taken as the primary material. Analysis has been conducted individually on each factor that possibly is an FDI attractor. The first objective is concluded with a Panel Data regression analysis of all the factors that influenced the FDI inflow from US to the CEE region over the past thirty years. The results of the analysis reveal that in the case of the US FDI inflow to the CEE region , it can be mirrored in the Universal Model of Factors Determining FDI. In order to fulfil the second objective, a Time-series regression analysis is conducted between the Private Consumption Expenditure and the...
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Foreign direct investment in the Czech Republic
Vrtal, Vojtěch ; Novák, Jaroslav (referee) ; Vaňková, Lucie (advisor)
The subject of this bachelor thesis is a definition of regional development and foreign direct investments. The practical part deals with an analysis of foreign investments in individual regions of the Czech Republic and monitors years 2010-2020. It also examines the impact on regions and the development of living standards. As an example of foreign direct investment in the Czech Republic is used a company BOSCH DIESEL, s.r.o.. Thesis focuses on one specific investment and examines its impact on the development of the Vysočina Region, more precisely of Jihlava District.
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Involvement of the People's Republic of China in Africa
Svobodová, Petra ; Kučerová, Irah (advisor) ; Karásek, Tomáš (referee)
Diploma thesis "Involvement of the People's Republic of China in Africa' deals with the evolution of China-Africa cooperation in the three specified time periods. Mainly it deals with the time period of the last nearly sixty years. This time period was subsequently divided into the period of the Cold War, 1990s and the last period is representing the year 2000 up to the present. Even though the diploma thesis deals with the African continent as a whole unit, the special emphasis was put on the four specific countries - namely Angola, Nigeria, Sudan and Zimbabwe. It analyses how the mutual cooperation has changed during these three different time periods and what has been the main components of China-Africa relationship. Primarily cooperation in the economic (foreign direct investments, foreign aid, balance of trade etc.), the political, but also the military sphere is analysed. The emphasis is also put on the Chinese status of a genuine alternative to the Western donor block, especially its policy of non- interference and aid without conditions. Diploma thesis also briefly touches on the approach of the traditional Western countries towards Africa (Washington versus Beijing Consensus). Positive and negative sides of mutual cooperation is also discussed.
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Legal and economic aspects of foreign direct investment and historical evolution
Merenda, David ; Bažantová, Ilona (advisor) ; Hraba, Zdeněk (referee)
The aim of the present thesis is to introduce the topic of foreign direct investment (FDI) from the multiscience (multidiscipline) perspective. FDI is a phenomena that cuts across many fields of human activity. It is of major significance for the national economies and an important factor for the global economic growth. Although these characteristics of FDI are widely known today, it was not always the case in the past. Since the sixties, it has been a focus of deeper studies and an object of interest especially for the international organizations that supervise the global economy. As each socio-economic phenomena, the issue of FDI has its historical background and this thesis seeks to comprehend this subject and further tracks the emergence of the business climate and economical processes that show the characteristics of later defined FDI. The historical formation of FDI is related to qualitative and quantitative development of the phenomena, and to its temporal and geopolitical context. The thesis presents the most relevant factors and causes of the present state of FDI, and monitors the crucial moments of the elements contributing to the evolution of the international investment environment. A more detailed study is devoted to Central European countries, since their specific development after...
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The Foreign Direct Investment of China in Central Europe under the One Belt One Road Policy
Zhang, Han ; Benáček, Vladimír (advisor) ; Bejkovský, Jan (referee)
This paper attempts to explore China's direct investment in Central Europe under the OBOR initiative. China's economic cooperation in Central Europe is short and the total amount is small. First, this paper analyzes the current situation of Chinese investment including scales, industrial structure, investment entities. Second, through data integration, this paper analyzes the competitive advantage of China's investment in Central Europe. Finally, this paper explores the motives of Chinese investment through the panel data model. The results show that the market size, technology level, resources and other factors of the Central European countries can attract Chinese investment. At the same time, the local environment, economic stability and other factors do not affect China's investment in infrastructure construction. China has laid the foundation for its economic and trade cooperation with Central Europe and is also a strategic choice between China and the United States. Keywords CE-China investment, competitive advantage, OBOR，economic cooperation，motivation of investment Author's e-mail feelingtime1995@163.com Supervisor's e-mail vladimir.benacek@fsv.cuni.cz
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The Social and Political Regulation of Labour Migration: The Case of the Czech Republic
Čaněk, Marek ; Barša, Pavel (advisor) ; Kostelecký, Tomáš (referee) ; Woolfson, Charles (referee)
This dissertation is about the changes in the regulation of labour migration in the Czech Republic, specifically between the period of economic boom in 2007 and 2008 and the beginning of the global economic and financial crisis. The developments of labour migration processes and policies were studied in relation to the political economy of foreign direct investment and the rise of the competition state in the Czech Republic. The materialisation of these developments resulted in the Czech Republic's further integration into the global labour market. Labour migration policy changes in the case of the Green Card project, however, did not confirm the thesis that the Czech Republic's migration policy eventually became subordinated to the competition state project. Not only did the Ministry of Industry and Trade lack bureaucratic capital in the field of migration regulation but also, there were tensions between different notions of the competition state project while 'migration management' was reorganised in the interest of the Ministry of the Interior. Closely following struggles over the regulation of labour migration in the administrative and political fields, this dissertation contributes to literature on the labour migration perspective of the competition state. The migration crisis is studied from...
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Legal Framework of Protection of Foreign Direct Investment under Bilateral Investment Treaties and European Law
Moškvan, Dominik ; Svoboda, Pavel (advisor) ; Pítrová, Lenka (referee)
This thesis aims to analyse alleged incompatibility of bilateral investment treaties signed between the Member States of the European Union with the European Union law and its impact on the investment environment of the Union. Bilateral investment treaties are found to be incompatible with EU law. First, it is the provision allowing for dispute settlement in the form of arbitration, thereby excluding the case from EU judicial review and infringing the primacy and autonomy of EU law. Second, it is the preferential treatment of investors given only to an investor from a state with a concluded BIT conflicts the non-discrimination principle. Preferential treatment given in BITs should be either unilaterally extended, or dismissed for all investors. Unless rescinded, BITs remain valid. Investment environment of the European Union might be exposed to an increased risk of legal uncertainty. This is due to the existence of dichotomy of investment arbitration and national courts, which has not allowed for a binding interpretation of EU law since arbitration courts are not considered to be a court of a Member States with respect to the meaning of Article 267 of the Treaty on the Functioning of the European Union. Concurrence of the two parallel systems of dispute resolution does not allow for a prompt...
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