Paperback Edition
Paperback
367 pages
$29.95
Choose vendor to order paperback edition
BrownWalker Press Amazon.com Barnes & Noble Return policy
PDF eBook
Sample Preview
Size 601k
Free
Download a sample of the first 25 pages
Download Preview

Entire PDF eBook
1841k
$17
Get instant access to an entire eBook
Buy PDF Password Download Complete PDF
eBook editions

Foreign Direct Investment in Bahrain

by Lobna Ali Al-Khalifa
small book icon  Paperback   small ebook icon   eBook PDF
Publisher:  Dissertation
Pub date:  2010
Pages:  367
ISBN-10:  1599423219
ISBN-13:  9781599423210
Categories:  Economics  Business & Economics  Political Science

Abstract

A significant volume of literature has been developed that seeks to provide an explanation for the growth of FDI and its impact on less developed countries. The literature is characterized by diversity and controversy. Based on it, a range of reasons for encouraging investment have been proposed including its favorable effects on employment levels, the balance of payments and balance of trade of the host country and also the potential for acquisition of technology and skills (Cave: 1982 and Dunning: 1993). Equally, the potentially negative effects of growing levels of foreign investment on domestic market structures and national sovereignty have long been the focus of attention (Vernon: 1971 and Jenkins: 1987). More recent studies focused on the positive effect FDI can create through the integration of a host country into the global economy and the system of international division of labor based on fragmentation of production (Gereffi and Korzeniewicz: 1994, and Henderson, Decken, Hess, Coe and Yeung: 2002).

Little if any research has examined the impact of FDI on the oil monarchies. Conventional expectations persisted that once they enter the post-oil phase of their histories, it will be difficult for them to uphold their political legitimacy and survive intense domestic and international pressures upon their regimes (Taeker: 1998 and O'Reilly: 1999). It has been argued that oil income enable them to pacify opponents by providing their subjects with jobs that pay well and has had detrimental effect on both economic development and political liberalization. These expectations have tended to be contradicted by actual development. The private sector has become remarkably strong in the oil monarchies and their governments were not highly resistant to change as depicted by the rentier state paradigm (Mahdavy: 1970, and Beblawi: 1987). Taking Bahrain as a case study, this thesis argues that despite its limitations as a small nation and the paucity of its oil reserves, Bahrain punched well above its weight due to its open economy and foreign direct investment. Its domestic economy is well integrated into the global market. It was able to exploit some of the opportunities that were presented by economic globalization when niches were opened or vacated within the networks of global production. It has developed energy-intensive industries (aluminium and petrochemicals) and became the major financial centre of the Middle East. Yet in spite of the government incentives, it still faces some challenges in attracting FDI in downstream activities related to oil and aluminium, which suggests that additional reforms are needed.



Paperback Edition
Paperback
367 pages
$29.95
Choose vendor to order paperback edition
BrownWalker Press Amazon.com Barnes & Noble Return policy
PDF eBook
Sample Preview
Size 601k
Free
Download a sample of the first 25 pages
Download Preview

Entire PDF eBook
1841k
$17
Get instant access to an entire eBook
Buy PDF Password Download Complete PDF
eBook editions
Share this book



Relevant events
JUL
26
ICMEF
The 8th International Conference on Management, Economics and Finance Join us on 26–28 July 2024 in Dublin, Republic of Ireland for the 8th International Conferenc...
26 - 28 Jul 2024
Dublin, Ireland
AUG
2
WORLDCME
5th World Conference on Management and Economics Join us in Stockholm, Sweden, from August 02 to 04, 2024, for the 5th World Conference on Man...
02 - 04 Aug 2024
Stockholm, Sweden
AUG
9
WORLDBME
2nd World Conference on Business, Management, and Economics From August 09-11 in Berlin, Germany, you’ll gain valuable knowledge to help you excel in you...
09 - 11 Aug 2024
Berlin, Germany
AUG
13
GCCBM
Global Conference on Communication, Business and Modern Technology (Including AI) The Global Conference is a premier event that brings together thought leaders, business profe...
13 - 15 Aug 2024
Calgary, Canada
AUG
14
EXHIBITION / T
DigiMarCon Australia 2024 - Digital Marketing, Media and Advertising Conference & Exhibition "DigiMarCon Australia 2024 is your chance to ... – Hear from some of the most audacious an...
14 - 15 Aug 2024
, Australia
AUG
21
DMECONF
International Conference on Digital Marketing and E-commerce (DMECONF) Welcome to the International Conference on Digital Marketing and E-Commerce, where we will di...
21 - 23 Aug 2024
London, United Kingdom
AUG
23
CONFERENCEME
8th International Academic Conference on Management and Economics The 8th International Academic Conference on Management and Economics, set to illuminate the ...
23 - 25 Aug 2024
Oxford, United Kingdom
SEP
20
ARMEACONF
6th International Advanced Research in Accounting, Economics, and Management Conference If you are a member of academia, a researcher, a scholar, or a representative of a non-profit...
20 - 22 Sep 2024
Prague, Czech Republic
OCT
18
ICMECONF
International Conference on Management and Economics What are the emerging trends shaping the future of management and economics? Discover the lat...
18 - 20 Oct 2024
Manchester, United Kingdom
NOV
1
OMEACONF
12 th International Conference on Opportunities and Challenges in Management, Economics and Accounting Learn about the newest trends and development in management, economics, and accounting at OME...
01 - 03 Nov 2024
Copenhagen, Denmark