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Do Countries Take Away the FDI Share of their Neighbors? Empirical Evidence from the FDI Inflows to Pakistan, China, India and Iran

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Do Countries Take Away the FDI Share of their Neighbors? Empirical Evidence from the FDI Inflows to Pakistan, China, India and Iran

In the present scenario of globalization, FDI has emerged as the basic means for growth and economic development of any economy. FDI provides the host country with the fuel to run its economy’s engine for growth and development. Most of the undeveloped nations are having their eyes on the foreign investors to play their role in the growth and development of their economies. In Pakistan the major FDI receiving sectors has been telecom, energy, banking and finance, and food and beverages. During the years 2006-2007, 80 percent of the total FD I inflows came into these four sectors

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