Starting a Foreign Investment across Sectors

De la Medina Soto, Christian ; Ghossein, Tania

World Bank, Washington, DC

关键词: ACCOUNTING;    ACIDS;    AFFILIATED ORGANIZATIONS;    AIR;    AIR PASSENGER;   

DOI  :  10.1596/1813-9450-6707
RP-ID  :  WPS6707

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

The ease of starting a foreigninvestment in various sectors is a relevant considerationfor investors seeking to establish an investment projectabroad. Two thematic areas will be analyzed in this paper toanswer the following questions: Which economies imposeequity ownership restrictions on foreign investors and whichprocedural barriers do foreign companies face whenestablishing foreign-owned subsidiaries in these economies?The analysis is based on findings from the Foreign DirectInvestment Regulations indicators, which measure 103economies, on whether they restrict foreign ownership acrosseconomic sectors and on the establishment process theyimpose on foreign-owned companies. Nearly 80 percent of theeconomies covered in the Foreign Direct InvestmentRegulations database restrict foreign companies fromentering in some sectors of their economies. In addition,establishing a foreign-owned company takes longer andrequires more steps than starting a domestically-ownedcompany in 94 percent of the economies observed. Overall,economies in Eastern Europe and Central Asia and high-incomeOECD economies have fewer equity restrictions on foreignownership than economies in the other regions and requirethe least number of additional procedures of foreigncompanies to establish a subsidiary. The findings aresignificantly correlated with inflows of foreign directinvestment on a per-capita basis.