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dc.titleChinese Foreign Direct Investment in the Caribbean: Potential and Prospects
dc.contributor.authorBernal, Richard L.
dc.contributor.orgunitCountry Department Caribbean Group
dc.coverageDominican Republic
dc.coverageBahamas
dc.coverageBarbados
dc.coverageTrinidad and Tobago
dc.coverageChina
dc.coverageJamaica
dc.coverageGuyana
dc.coverageSuriname
dc.coverageBelize
dc.coverageThe Caribbean
dc.date.available2016-11-29T00:00:00
dc.date.issue2016-11-21T00:00:00
dc.description.abstractChina has recently become the third largest source of foreign direct investment (FDI) in the world and is a major source of development aid for developing countries, including those in the Caribbean. The capital flows it provides have taken the form of loans to governments to finance infrastructure projects and to expand production of oil and other raw materials. There have been indications of interest in further investment in the Caribbean from Chinese enterprises and entrepreneurs. This is driven by both state policy, which seeks to more actively integrate China into the global economy, and enterprise-level interests by both state and private enterprises. Caribbean governments have generally been receptive to prospective incoming FDI. This paper identifies the instances of Chinese FDI in the Caribbean to date and discusses the potential for further investment, highlighting opportunities in agriculture, tourism, manufacturing, mining, infrastructure, and fishing. The factors influencing the emergence of Chinese FDI in the Caribbean include: the ongoing learning process by both investors and the governments of host countries; the performance of vanguard companies; transnational ethnic business networks; the local business environment; and the policies of Caribbean governments.
dc.format.extent43
dc.identifier.doihttp://dx.doi.org/10.18235/0009313
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Chinese-Foreign-Direct-Investment-in-the-Caribbean-Potential-and-Prospects.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectExporting Firm
dc.subjectInfrastructure Investment
dc.subjectFirm Performance
dc.subjectTourism
dc.subjectCapital Flow
dc.subjectTrade Agreement
dc.subjectSovereign Wealth Fund
dc.subjectState-Owned Enterprise
dc.subjectSmall Business Financing
dc.subjectForeign Direct Investment
dc.subject.jelcodeF13 - Trade Policy • International Trade Organizations
dc.subject.jelcodeF21 - International Investment • Long-Term Capital Movements
dc.subject.jelcodeF30 - International Finance: General
dc.subject.keywordsexports
dc.typeTechnical Notes
idb.identifier.pubnumberTechnical Notes
idb.operationRG-P1671
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