Paperback Edition
Paperback
367 pages
$29.95
Choose vendor to order paperback edition
BrownWalker Press Amazon.com Barnes & Noble Harvard Book Store 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 Harvard Book Store 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
APR
15
WBLCONF2025
World Business Leaders Conference Elevate your leadership at the World Business Leaders Conference, the essential gathering for...
15 - 17 Apr 2025
Riyadh, Saudi Arabia
FEB
14
ISCBI 2025
2025 7th International Symposium on Computational and Business Intelligence (ISCBI 2025) All the accepted papers, after registration and presentation, will be published in the IEEE X...
14 - 16 Feb 2025
Macau, China
FEB
21
IMEACONF 2025
The 14th International Conference on New Ideas in Management, Economics and Accounting (IMEACONF) IMEACONF has hosted participants from diverse countries worldwide. This event brings together...
21 - 23 Feb 2025
Milan, Italy
FEB
26
ICBML
2nd International Conference on Business, Management and Leadership Conference Overview: The 2nd International Conference on Business, Management, and Leadership...
26 - 28 Feb 2025
London, United Kingdom
MAR
7
ICABME
9th International Conference on Advanced Research in Business, Management and Economics Want to learn all about the newest advancements and tools for research in the world of busine...
07 - 09 Mar 2025
Vienna, Austria
MAR
14
8TH BMECONF
8th International Conference on Applied Research in Business, Management, and Economics We are pleased to announce the International Conference on Applied Research in Business, Ma...
14 - 16 Mar 2025
Berlin, Germany
MAR
21
WORLDMBE 2025
The 7th World Conference on Management, Business and Economics (WORLDMBE) Join us from March 21-23, 2025, in Prague, Czech Republic, for the 7th World Conference on Ma...
21 - 23 Mar 2025
Prague, Czech Republic
MAR
27
ICBMF
8th International Conference on Business, Management and Finance The business and management conference will take place in Oxford, UK on March 27 – 29, 2025. ...
27 - 29 Mar 2025
Oxford, United Kingdom
APR
3
Fashion Tech Week Bengaluru 2025 With an immensely positive response to the 2nd edition Fashion Tech Week 2025 is set to be he...
03 - 04 Apr 2025
Bengaluru, India
APR
16
ICARBME
9th International Conference on Applied Research in Management, Business and Economics Want to know and learn about the newest trends and developments in applied research? Say no m...
16 - 18 Apr 2025
Athens, Greece