Влияние экономической интеграции на прямые иностранные инвестиции в страны БРИКС / The impact of economic integration on foreign direct investment in the BRICS countries
Аннотация
The purpose of this study is to examine the relationship between BRICS integration and foreign direct investment (FDI), shedding light on the factors that contribute to the attractiveness of the BRICS countries for foreign direct investment.
The object of the study is the relationship between economic integration and foreign direct investment (FDI) in the BRICS countries.
The subject of this study is the mechanisms through which BRICS integration affects foreign direct investment in these countries.
The study begins by exploring the phenomenon of integration itself: the concept, types, forms and mechanisms of influence, and then considers the key BRICS summits as important platforms for high-level dialogue and consensus building. The joint declarations, agreements and action plans adopted at these summits underscore the commitment of the BRICS countries to promoting shared prosperity and sustainable development. Furthermore, an extensive review of scholarly articles provides valuable information on the existing literature on this issue, highlighting the importance of examining the impact of foreign direct investment in the context of BRICS integration.
To empirically examine the relationship between BRICS integration and foreign direct investment, this study uses an econometric approach. First, the current economic state of the countries was analyzed, and then fixed effects (FE) and random effects (RE) models are used in the analysis to provide a comprehensive understanding of the dynamics taking place. The main hypothesis is that economic variables and the state of the country within the BRICS integration framework will have the greatest impact on foreign direct investment.
Data analysis includes an assessment of key economic indicators such as GDP growth, share of trade inside integration, inflation rate in the form of the consumer price index, and the amount of government spending on education for each BRICS country over a time period. In addition, the study includes data on technology grants, and the percentage of imports of ICT goods to reflect the importance of technological advances in attracting foreign investment.
The results show that being a participant in the BRICS integration grouping, the number of technological grants, GDP and the share of imported ICT goods have a significant impact on foreign direct investment inflows. This indicates that the collective strength of BRICS integration and their economic growth, along with investment in technology and innovation, play a key role in attracting foreign capital.
The results of this study have important implications for politicians and economists interested in understanding the dynamics of foreign direct investment in the BRICS context. By acknowledging the key role of BRICS integration and technological advances, policymakers can develop strategies for the respective countries and promote their sustainable economic growth.
The object of the study is the relationship between economic integration and foreign direct investment (FDI) in the BRICS countries.
The subject of this study is the mechanisms through which BRICS integration affects foreign direct investment in these countries.
The study begins by exploring the phenomenon of integration itself: the concept, types, forms and mechanisms of influence, and then considers the key BRICS summits as important platforms for high-level dialogue and consensus building. The joint declarations, agreements and action plans adopted at these summits underscore the commitment of the BRICS countries to promoting shared prosperity and sustainable development. Furthermore, an extensive review of scholarly articles provides valuable information on the existing literature on this issue, highlighting the importance of examining the impact of foreign direct investment in the context of BRICS integration.
To empirically examine the relationship between BRICS integration and foreign direct investment, this study uses an econometric approach. First, the current economic state of the countries was analyzed, and then fixed effects (FE) and random effects (RE) models are used in the analysis to provide a comprehensive understanding of the dynamics taking place. The main hypothesis is that economic variables and the state of the country within the BRICS integration framework will have the greatest impact on foreign direct investment.
Data analysis includes an assessment of key economic indicators such as GDP growth, share of trade inside integration, inflation rate in the form of the consumer price index, and the amount of government spending on education for each BRICS country over a time period. In addition, the study includes data on technology grants, and the percentage of imports of ICT goods to reflect the importance of technological advances in attracting foreign investment.
The results show that being a participant in the BRICS integration grouping, the number of technological grants, GDP and the share of imported ICT goods have a significant impact on foreign direct investment inflows. This indicates that the collective strength of BRICS integration and their economic growth, along with investment in technology and innovation, play a key role in attracting foreign capital.
The results of this study have important implications for politicians and economists interested in understanding the dynamics of foreign direct investment in the BRICS context. By acknowledging the key role of BRICS integration and technological advances, policymakers can develop strategies for the respective countries and promote their sustainable economic growth.