Corruption, an obstacle to attracting foreign direct investment in the least developed countries

IF 3.6 1区数学 Q1 MATHEMATICS, APPLIED

Mathematical Models & Methods in Applied Sciences Pub Date : 2023-01-01 DOI:10.12988/ams.2023.917345

Eraste Nzosaba

引用次数: 0

Abstract

Foreign direct investment is a crucial factor for economic growth and development. It is the essential element that allows the least developed countries to progress. These countries have put in place attractive investment codes by granting tax incentives to foreign investors. In these countries, the level of inward FDI flows remains negligible and the results have not led to the desired development. Why the low level of inward FDI despite the incentives taken by LDCs in light of investment codes? The study shows that it is not enough to offer fiscal incentives to foreign investors but that other factors must be taken into account to accelerate the flow of inward FDI. Among these factors, it identifies the fight against corruption as an influential tool for attracting FDI.

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腐败是最不发达国家吸引外国直接投资的障碍

外国直接投资是经济增长和发展的关键因素。它是使最不发达国家取得进步的基本因素。这些国家通过给予外国投资者税收优惠，制定了具有吸引力的投资法。在这些国家，外国直接投资流入的水平仍然可以忽略不计，其结果并没有导致预期的发展。尽管最不发达国家根据投资法采取了激励措施，为什么流入的外国直接投资水平很低?研究表明，仅向外国投资者提供财政奖励是不够的，还必须考虑到其他因素，以加速外国直接投资流入。在这些因素中，它确定反腐败是吸引外国直接投资的一个有影响力的工具。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Mathematical Models & Methods in Applied Sciences 数学-应用数学

CiteScore

6.30

自引率

17.10%

发文量

审稿时长

1 months

期刊介绍： The purpose of this journal is to provide a medium of exchange for scientists engaged in applied sciences (physics, mathematical physics, natural, and technological sciences) where there exists a non-trivial interplay between mathematics, mathematical modelling of real systems and mathematical and computer methods oriented towards the qualitative and quantitative analysis of real physical systems. The principal areas of interest of this journal are the following: 1.Mathematical modelling of systems in applied sciences; 2.Mathematical methods for the qualitative and quantitative analysis of models of mathematical physics and technological sciences; 3.Numerical and computer treatment of mathematical models or real systems. Special attention will be paid to the analysis of nonlinearities and stochastic aspects. Within the above limitation, scientists in all fields which employ mathematics are encouraged to submit research and review papers to the journal. Both theoretical and applied papers will be considered for publication. High quality, novelty of the content and potential for the applications to modern problems in applied sciences and technology will be the guidelines for the selection of papers to be published in the journal. This journal publishes only articles with original and innovative contents. Book reviews, announcements and tutorial articles will be featured occasionally.