Foreign Investment as Main Factor for Successful Funds and Its Effect on Trade Balance Strategic Technology Adoption under Technological Uncertainty

Abstract:
National wealth funds have initiated their activities comprehensively over last two decades. National wealth fund is a governmental investment fund financed by surpluses of payments’ balance, official foreign currency operations, revenues of privatization, payments for governmental transfers, fiscal surpluses and export revenues. However, the financing for this investment requires foreign currency reserve where management of current account’s balance plays important role. First of all, some explanations are presented in this paper about national development fund and then in regard to the study made about successful funds which used foreign investment (direct or indirect) as investment strategy, we will consider the foreign investment. Next, regarding the role of the fund in trade balance and its effect on foreign investment, we will consider the relationship between fund and trade balance in short-term and long-term. Results shown that many successful funds prevented formation of possible corruption following the weakness of institutions to designate fund for inner sectors. Therefore, increase in foreign investment cause positive condition of trade balance in Iran. Whereas China is a new emerged economy with positive trade balance, investment in this country and formation of better relationship and cooperation provide privileges for this country.
Language:
English
Published:
Iranian Economic Review, Volume:18 Issue: 37, Spring 2014
Pages:
131 to 151
magiran.com/p1373680  
دانلود و مطالعه متن این مقاله با یکی از روشهای زیر امکان پذیر است:
اشتراک شخصی
با عضویت و پرداخت آنلاین حق اشتراک یک‌ساله به مبلغ 1,390,000ريال می‌توانید 70 عنوان مطلب دانلود کنید!
اشتراک سازمانی
به کتابخانه دانشگاه یا محل کار خود پیشنهاد کنید تا اشتراک سازمانی این پایگاه را برای دسترسی نامحدود همه کاربران به متن مطالب تهیه نمایند!
توجه!
  • حق عضویت دریافتی صرف حمایت از نشریات عضو و نگهداری، تکمیل و توسعه مگیران می‌شود.
  • پرداخت حق اشتراک و دانلود مقالات اجازه بازنشر آن در سایر رسانه‌های چاپی و دیجیتال را به کاربر نمی‌دهد.
In order to view content subscription is required

Personal subscription
Subscribe magiran.com for 70 € euros via PayPal and download 70 articles during a year.
Organization subscription
Please contact us to subscribe your university or library for unlimited access!