Despite some progress in economic policy - in macroeconomic stability in the 1980s, and in structural reforms in the 1990s - the Middle East and North Africa (MENA) countries have failed to attract foreign direct investments (FDI). This may be due to several factors. In this paper the authors empirically verify from a panel of 72 countries--among which are 8 MENA economies-- that, during the 1990s, the low level of trade and foreign exchange liberalization...
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2004/09/01
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Documento de Trabalho (Série Numerada)
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31091
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1
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1
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2010/07/01
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Trade and foreign exchange liberalization, investment climate, and foreign direct investments in the Middle East and North Africa (MENA) countries
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foreign exchange liberalization
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