| Popis: |
One of the major factors that affect economic growth is FDI - Forgein Direct Investment. BRICS is a newly formed trade bloc that includes 5 of the largest, most heavily populated, and most emerging economies in the world, their economies share various characteristics, yet they also have various differences. The purpose of the thesis is to find the determinants of FDI in this trade bloc. Those determinants were specifically chosen based on multiple accredited previous literature. In this thesis a panel data regression is performed for these 5 partners with data ranging from 1995 to 2018. The results of the thesis were both predicted and surprising, as two determinants were in accordance with the past literature, however the other two determinants had other results, both of these variables had opposite signs compared to their predicted signs that were expected from the chosen previous literature. Our research tries to answer the question of how do these determinants affect FDI inflows, in order for countries to make strategies to attract it. |
