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The Host Iranian Economy and Foreign Direct Investment: A Comparative Analysis

Author

Listed:
  • Tavakoli , Akbar

    (University of Isfahan
    University of Ottawa)

  • Khataei , Mahmood

    (Allameh Tabatabaee University)

Abstract

In this paper fourteen selected developing economies, including Iran, are compared to evaluate the Iranian position in attracting foreign direct investment (FDI). The evaluation is based on economic performance, risk, liberalization policy, and FDI determinant indicators. The results show that the Iranian economy has a sound economic performance and its economic, financial, and political risks are moderate among selected nations. Even though Iran's economic liberalization policy performance seems low, but its economic and policy indictors as the stimulator of FDI ranks the country in middle. The Iranian economy has improved its FDI attraction position through more favorable and flexible economic liberalization policies nationally and internationally since 1993: As a result of these policies, the foreign investments have already started to increase by a moderate rate.

Suggested Citation

  • Tavakoli , Akbar & Khataei , Mahmood, 2009. "The Host Iranian Economy and Foreign Direct Investment: A Comparative Analysis," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 5(1), pages 113-144, December.
    • Handle: RePEc:mbr:jmonec:v:5:y:2009:i:1:p:113-144
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    References listed on IDEAS

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    4. Luiz R. de Mello Jr., 1997. "Foreign Direct Investment in Developing Countries: A Selective Survey," Studies in Economics 9701, School of Economics, University of Kent.
    5. Manuel Agosin & Ricardo French-Davis, 1997. "Managing capital inflows in Chile," Estudios de Economia, University of Chile, Department of Economics, vol. 24(2 Year 19), pages 297-326, December.
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    Keywords

    Liberalization; risk; FDI rank;
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