The impact of foreign direct investment on the balance of payments- the experiences of selected countries, with special reference to Iraq
Introduction letter to
To the Board of the Faculty of Management and Economics – Karbala University, which is part of the requirements of obtaining a master’s degree in economics
A Thesis Submitted By
Heyam Salah Abd-alratha Al-hassnawi
Under the supervision of Prof .Assist. Dr. Ammar Mahmood Hameed Al-Rubaye
Abstract:-
The research problem is that the loss of all forms and means that contribute to attracting foreign direct investment towards the Iraqi economy reflected negatively on the Iraqi balance of payments. If foreign direct investment flows towards the local economy, will this lead to an improvement in the balance of payments situation? Does foreign direct investment have a good effect mostly on the balance of payments? The type of foreign direct investment can have a different effect on the balance of payments. Can international experiences be used to encourage this in Iraqi economy? Balance of payments Statement of the reality of the impact of foreign investment on the balance of payments in Iraq Proposing a set of policies that encourage direct foreign investments in the light of international experiences with the aim of reaching the goals identified in the research and proving the research hypothesis the thesis was divided into three chapters. The first chapter represents the theoretical framework for foreign direct investment and the balance of payments. The second chapter represents international experiences of the impact of foreign direct investment on the balance of payments. The third chapter represents the reality of the relationship between foreign direct investments and the balance of payments in Iraq. In addition, the thesis reached a set of conclusions and recommendations, including the flexibility of the economy, which may indicate the ease of shifting output from the local buyer to the external one, which has to do a lot about the efficiency of the process. Correction likewise, the correction is facilitated by the high elasticity of demand in foreign markets and by the elasticity of demand in foreign markets and the elasticity of prices locally. The state must manage the revenues of the oil sector more rationally, which guarantees it in the medium and long term the possibility of getting out of the oil cycle through sovereign funds.