Will FDI’s Investment Profits Outflow Cause the Current Account Deficit
Authors
Xiaojing Zhang
Corresponding Author
Xiaojing Zhang
Available Online February 2016.
- DOI
- 10.2991/emcm-15.2016.89How to use a DOI?
- Keywords
- FDI; Investment profits outflow; Current account; Deficit
- Abstract
This paper analyzes the limitation of classic Kalecki theory based on globalization and financial liberalization so as to study whether FDI’s investment profits outflow will make host countries’ current account of BOP deficit, and find that the conclusions of Kalecki theory will be inaccurate as long as host countries scale up their investment overseas and make the income account in Balance of Payments(BOP) positive.
- Copyright
- © 2016, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Xiaojing Zhang PY - 2016/02 DA - 2016/02 TI - Will FDI’s Investment Profits Outflow Cause the Current Account Deficit BT - Proceedings of the International Conference on Electronics, Mechanics, Culture and Medicine PB - Atlantis Press SP - 473 EP - 476 SN - 2352-538X UR - https://doi.org/10.2991/emcm-15.2016.89 DO - 10.2991/emcm-15.2016.89 ID - Zhang2016/02 ER -