OVERVIEW OF THE WORLD BANK'S DOCUMENTS ROLE IN PROMOTING FOREIGN DIRECT INVESTMENTS

Main Article Content

Аннотация:

This article discusses the function of the World Bank in promoting foreign direct investments (FDIs) through its various documents. The World Bank is an international financial institution that provides loans and grants to developing nations in order to promote their economic growth. FDI promotion is one of the methods the World Bank supports economic growth. This article examines the World Bank's documents outlining its approach to promoting FDIs, including its "World Bank Guidelines on the treatment of FDI" and " Foreign Direct Investment Strategy and Roadmap for Uzbekistan." The article also discusses how the World Bank's strategy for promoting FDIs aligns with the Sustainable Development Goals of the United Nations. The conclusion of the article emphasizes the significance of FDIs in developing nations and how World Bank documents can serve as a guide for policymakers and investors interested in promoting sustainable economic development through FDIs.

Article Details

Как цитировать:

Bekmirzaeva, U. (2023). OVERVIEW OF THE WORLD BANK’S DOCUMENTS ROLE IN PROMOTING FOREIGN DIRECT INVESTMENTS. Наука и технология в современном мире, 2(16), 119–132. извлечено от https://in-academy.uz/index.php/zdift/article/view/17458

Библиографические ссылки:

World Bank: Report to the Development Committee and Guidelines on the Treatment of Foreign Direct Investment. (1992). International Legal Materials, 31(6), 1363-1384. doi:10.1017/S0020782900015801

World Bank. 2022. “Recommendations for a National Foreign Direct Investment Strategy and Roadmap for

Uzbekistan: New Sources of Growth,” World Bank, Washington, D.C.

Policy Competition for Foreign Direct Investment A Study of Competition among Governments to Attract FDI By Charles Oman

World Bank: Report to the Development Committee and Guidelines on the Treatment of Foreign Direct Investment. (1992). International Legal Materials, 31(6), 1363-1384. doi:10.1017/S0020782900015801

Regulatory Risk and FDI Sarah Hebous, Priyanka Kher, and Trang Thu Tran https://pubdocs.worldbank.org/en/433411591134538669/211536-Chapter-4.pdf

IEG (Independent Evaluation Group). 2015. Investment Climate Reforms: An Independent Evaluation of World Bank Group Support to Reforms of Business Regulations. Washington, DC: World Bank.

2014. “Promoting Foreign Investment in Fragile and Conflict-Affected Situations.” Investment Climate in Practice No. 22. World Bank, Washington, DC.

Toward a Prosperous and Inclusive Future : The Second Systematic Country Diagnostic for Uzbekistan (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/933471650320792872/Toward-a-Prosperous-and-Inclusive-Future-The-Second-Systematic-Country-Diagnostic-for-Uzbekistan

World Bank Group IIA guidebook including detailed guidance, options and sample provisions for developing a model BIT based on good international practice and ‘new generation’ IIAs.

Compensation for Expropriation, International Institute for Sustainable Development, 2013, https://www.iisd.org/system /files/publications/best_practice_compensation_expropriation

World Bank Group Investment Law Reform, A Handbook for Practitioners, Chapter 4

(Considerations for Entry of Foreign Investment)

Strengthening Service Delivery of Investment Promotion Agencies – The Comprehensive Investor Services Framework: https://openknowledge.worl dbank.org/handle/10986/33 498 Increasing the Development Impact of Investment Promotion Agencies in: Global Investment Competitiveness Report 2019/2020: https://elibrary.worldbank.o rg/doi/full/10.1596/9

78-1

World Bank Group / IFC detailed review and assessment of the 2019 Investment Law, including specific, clause-by-clause guidance for improvements

Does Foreign Direct Investment (FDI) Create High-Quality Employment in Host Countries? World Bank, Washington DC, 2014, Policy Research Working Paper 6936

https://data.worldbank.org/indicator/BX.KLT.DINV.WD.GD.ZS?locations=UZ

http://web.worldbank.org/archive/website01503/WEB/IMAGES/WDR_20-2.PDF

https://www.worldbank.org/en/topic/investment-climate/brief/investment-policy-and-promotion

Vasilyeva Rogneda I. & Mariev Oleg S. (2021). Determinants of foreign direct investment in developed and developing countries: impact of political stability. Economics of the Region, 17(4), 1390-1404.

Nuraliev Shokhrukh (2022). FDI and administrative decentralization: the importance of empowering local governments. issues of State and Municipal Administration, (6 Special Issue II), 138-160.

Belascu Lucian, & Horobet Alexandra (2015). Foreign direct investments and institutional performance: a Romanian perspective. Bulletin of the Kiev National University named after. Taras Shevchenko. Series: Economy, (9 (174)), 21-26.

Kuparadze, G. (2013). Tax policy and foreign direct investments (a Georgian case-study). The Caucasus & Globalization, 7 (3-4), 82-95.

Inomjon Turaevich Jumaniyazov, & Bexruz Hazratov (2022). Foreign experience in the development of special economic zones in Uzbekistan. Science and Education, 3 (5), 1628-1636.

Voon, Tania and Merriman, Dean, Incoming: How International Investment Law Constrains Foreign Investment Screening (October 13, 2021). Pre-peer review draft of 13 October 2021: revised version forthcoming in (2022) 23(3) Journal of World Investment & Trade, Available at SSRN: https://ssrn.com/abstract=4081765

J. Osei, Michael & Kim, Jaebeom. (2020). Foreign direct investment and economic growth: Is more financial development better?. Economic Modelling. 93. 10.1016/j.econmod.2020.07.009.

Muhammad Tariq Majeed and Muhammad Nawaz. "Foreign Direct Investment and Economic Growth: The Role of World Bank and IMF"

Wendrich, Claudia. (2002). The World Bank Guidelines as a foundation for a global investment treaty: A problem-oriented approach

Charles Oman Policy Competition for Foreign Direct Investment A Study of Competition among Governments to Attract FDI

Rajni Bajpai and Bernard Myers Enhancing Government Effectiveness and Transparency: The Fight Against Corruption

Djordjija Petkoski World Bank Institute and Nigel Twose World Bank Group Public Policy for 13. Corporate Social Responsibility July 7–25, 2003

Selaya, P., and E. R. Sunesen. 2012. “Does Foreign Aid Increase Foreign Direct Investment?” World Development 40 (11): 2155–76.

Anabel Gonzalez, Trade & Competitiveness Senior Director, and Ted H. Chu, IFC Chief Economist in the Foreword to the Global Investment Competitiveness Report 2017/2018

Demekas, D. G., H. Balász, E. Ribakova, and Y. Wu. 2007. “Foreign Direct Investment in European Transition Economies—The Role of Policies.” Journal of Comparative Economics 35 (2):369–86.

Bellak, C., M. Leibrecht, and R. Stehrer. 2008. “Policies to Attract Foreign Direct Investment: An Industry-Level Analysis.” Presentation at the OECD Global Forum on International Investment, Paris, France, March 2008

Henry Loewendahl, Innovations in Foreign Direct Investment Attraction http://dx.doi.org/10.18235/0001442

Elena Chirila Donciu Promoting and attracting foreign direct investment CES Working Papers – Volume VI, Issue 3

UNCTAD (2012) World Investment Report - Towards a New Generation of Investment Policies, New

York and Geneva: United Nations

Next Generation FDI Strategy and Roadmap 2018 2030 for Vietnam

USAID (United States Agency for International Development). 2009. “Diaspora Direct Investment (DDI): The Untapped Resource for Development.” Washington, DC

National Investment Strategy for 2018-2022 of Kazakhstan

Compensation for Expropriation, International Institute for Sustainable Development, 2013, https://www.iisd.org/system /files/publications/best_practice_compensation_expropriation

An FDI strategy for Ireland: Driving Recovery and Sustainable Growth 2021- 2024: https://www.idaireland.com/about-ida/driving-recoveryand- sustainable-growth- 2021-2024

Kazakhstan national legislative database https://online.zakon.kz/.

http://invest.gov.uz/investor/lgoty-i-preferentsii-dlya-predpriyatij-s-uchastiem-inostrannogo-kapitala/

https://invest.gov.uz/mediacenter/news/which-countries-and-how-much-invested-in-uzbekistan-in-2021/

https://www.lloydsbanktrade.com/en/market-potential/uzbekistan/investment

https://thewanderinginvestor.com/economics/the-case-for-investing-in-uzbekistan/