{"id":"https://openalex.org/W2066262152","doi":"https://doi.org/10.1080/10168739800000006","title":"THE EFFECTS OF INFLATION AND EXCHANGE RATE POLICIES ON DIRECT INVESTMENT TO DEVELOPING COUNTRIES","display_name":"THE EFFECTS OF INFLATION AND EXCHANGE RATE POLICIES ON DIRECT INVESTMENT TO DEVELOPING COUNTRIES","publication_year":1998,"publication_date":"1998-03-01","ids":{"openalex":"https://openalex.org/W2066262152","doi":"https://doi.org/10.1080/10168739800000006","mag":"2066262152"},"language":"en","primary_location":{"id":"doi:10.1080/10168739800000006","doi":"https://doi.org/10.1080/10168739800000006","is_oa":false,"landing_page_url":"https://doi.org/10.1080/10168739800000006","pdf_url":null,"source":{"id":"https://openalex.org/S22431819","display_name":"International Economic Journal","issn_l":"1016-8737","issn":["1016-8737","1743-517X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","anvur-scientific","cwts-core","jufo-1","kci-registered","norway-1","poland-20","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Economic Journal","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5053260207","display_name":"Young Seok Ahn","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I11265461","display_name":"Korea Development Institute","ror":"https://ror.org/02h7vzs32","country_code":"KR","type":"facility","lineage":["https://openalex.org/I11265461","https://openalex.org/I4210097958"]}],"countries":["KR"],"is_corresponding":true,"raw_author_name":"Young Seok Ahn","raw_affiliation_strings":["Korea Development Institute"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Korea Development Institute","institution_ids":["https://openalex.org/I11265461"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5009646950","display_name":"Slamet Seno Adji","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Slamet Seno Adji","raw_affiliation_strings":["The National Development Planning Agency, Indonesia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"The National Development Planning Agency, Indonesia","institution_ids":[]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5064152404","display_name":"Thomas D. Willett","orcid":"https://orcid.org/0000-0003-4757-7598","observed_orcids":["https://orcid.org/0000-0003-4757-7598"]},"institutions":[{"id":"https://openalex.org/I106107269","display_name":"Claremont McKenna College","ror":"https://ror.org/04n1me355","country_code":"US","type":"education","lineage":["https://openalex.org/I106107269"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Thomas D. Willett","raw_affiliation_strings":["Claremont Graduate School and Claremont Mckenna College"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Claremont Graduate School and Claremont Mckenna College","institution_ids":["https://openalex.org/I106107269"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5053260207"],"corresponding_institution_ids":["https://openalex.org/I11265461"],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":30,"citation_normalized_percentile":{"value":0.40882822,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":98},"biblio":{"volume":"12","issue":"1","first_page":"95","last_page":"104"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.5356000065803528,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.5356000065803528,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.4440999925136566,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10415","display_name":"International Business and FDI","score":0.008200000040233135,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/inflation","display_name":"inflation","score":0.9959999918937683},{"id":"https://openalex.org/keywords/exchange-rate-policy","display_name":"exchange rate policy","score":0.9959999918937683},{"id":"https://openalex.org/keywords/foreign-direct-investment","display_name":"foreign direct investment","score":0.9660000205039978},{"id":"https://openalex.org/keywords/capital-inflows","display_name":"capital inflows","score":0.9169999957084656},{"id":"https://openalex.org/keywords/developing-countries","display_name":"developing countries","score":0.9290000200271606},{"id":"https://openalex.org/keywords/exchange-rate-overvaluation","display_name":"exchange rate overvaluation","score":0.9710000157356262},{"id":"https://openalex.org/keywords/capital-account-liberalization","display_name":"capital account liberalization","score":0.5099999904632568}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.8543419241905212},{"id":"https://openalex.org/C2776988154","wikidata":"https://www.wikidata.org/wiki/Q66100","display_name":"Exchange rate","level":2,"score":0.7630912065505981},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.6804936528205872},{"id":"https://openalex.org/C200941418","wikidata":"https://www.wikidata.org/wiki/Q273508","display_name":"Inflation (cosmology)","level":2,"score":0.6333613395690918},{"id":"https://openalex.org/C83864248","wikidata":"https://www.wikidata.org/wiki/Q177323","display_name":"Developing country","level":2,"score":0.5258991122245789},{"id":"https://openalex.org/C2991741723","wikidata":"https://www.wikidata.org/wiki/Q8137","display_name":"Capital flows","level":3,"score":0.5225985646247864},{"id":"https://openalex.org/C141121606","wikidata":"https://www.wikidata.org/wiki/Q8142","display_name":"Currency","level":2,"score":0.48008257150650024},{"id":"https://openalex.org/C18547055","wikidata":"https://www.wikidata.org/wiki/Q47417","display_name":"International economics","level":1,"score":0.4700055718421936},{"id":"https://openalex.org/C2776071005","wikidata":"https://www.wikidata.org/wiki/Q11337203","display_name":"Exchange-rate regime","level":3,"score":0.46459245681762695},{"id":"https://openalex.org/C83646750","wikidata":"https://www.wikidata.org/wiki/Q193893","display_name":"Capital (architecture)","level":2,"score":0.42627379298210144},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.41398096084594727},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.4088611602783203},{"id":"https://openalex.org/C58823610","wikidata":"https://www.wikidata.org/wiki/Q746418","display_name":"Liberalization","level":2,"score":0.060819923877716064},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C50522688","wikidata":"https://www.wikidata.org/wiki/Q189833","display_name":"Economic growth","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.0},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0},{"id":"https://openalex.org/C33332235","wikidata":"https://www.wikidata.org/wiki/Q18362","display_name":"Theoretical physics","level":1,"score":0.0},{"id":"https://openalex.org/C95457728","wikidata":"https://www.wikidata.org/wiki/Q309","display_name":"History","level":0,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1080/10168739800000006","doi":"https://doi.org/10.1080/10168739800000006","is_oa":false,"landing_page_url":"https://doi.org/10.1080/10168739800000006","pdf_url":null,"source":{"id":"https://openalex.org/S22431819","display_name":"International Economic Journal","issn_l":"1016-8737","issn":["1016-8737","1743-517X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","anvur-scientific","cwts-core","jufo-1","kci-registered","norway-1","poland-20","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Economic Journal","raw_type":"journal-article"},{"id":"doi:10.1080/10168739800080006","doi":"https://doi.org/10.1080/10168739800080006","is_oa":false,"landing_page_url":"https://doi.org/10.1080/10168739800080006","pdf_url":null,"source":{"id":"https://openalex.org/S22431819","display_name":"International Economic Journal","issn_l":"1016-8737","issn":["1016-8737","1743-517X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","anvur-scientific","cwts-core","jufo-1","kci-registered","norway-1","poland-20","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Economic Journal","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:taf:intecj:v:12:y:1998:i:1:p:95-104","doi":null,"is_oa":false,"landing_page_url":"http://www.tandfonline.com/doi/abs/10.1080/10168739800000006","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Decent work and economic growth","score":0.7257999777793884,"id":"https://metadata.un.org/sdg/8"}],"sustainable_development_goals_aurora":[{"display_name":"Partnerships for the goals","score":0.550000011920929,"id":"https://metadata.un.org/sdg/17"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":16,"referenced_works":["https://openalex.org/W568833911","https://openalex.org/W622468894","https://openalex.org/W1513281941","https://openalex.org/W1540024103","https://openalex.org/W1595750611","https://openalex.org/W1982329124","https://openalex.org/W1993743327","https://openalex.org/W1998137897","https://openalex.org/W2023522548","https://openalex.org/W2042813336","https://openalex.org/W2047665426","https://openalex.org/W2063897864","https://openalex.org/W2889764216","https://openalex.org/W3124033322","https://openalex.org/W3124797613","https://openalex.org/W4300910093"],"related_works":["https://openalex.org/W572943130","https://openalex.org/W1534141083","https://openalex.org/W1520410237","https://openalex.org/W4289529537","https://openalex.org/W3152262731","https://openalex.org/W2552935484","https://openalex.org/W353093873","https://openalex.org/W4390009039","https://openalex.org/W2980428259","https://openalex.org/W7037583471"],"abstract_inverted_index":{"This":[0],"study":[1],"focuses":[2],"on":[3,12,29],"the":[4,55],"effects":[5],"of":[6,54],"inflation":[7,22],"and":[8],"exchange":[9,47],"rate":[10,48],"policy":[11],"direct":[13],"investment":[14],"flows":[15],"to":[16],"developing":[17],"countries.":[18],"We":[19],"find":[20],"that":[21,35],"does":[23],"have":[24],"a":[25],"substantial":[26,52],"negative":[27],"effect":[28,37],"capital":[30],"inflows.":[31],"Our":[32],"estimates":[33],"indicate":[34],"this":[36],"can":[38],"be":[39],"significantly":[40],"reduced,":[41],"but":[42],"not":[43],"eliminated,":[44],"by":[45],"following":[46],"policies":[49],"which":[50],"avoid":[51],"overvaluation":[53],"currency.":[56],"[F":[57],"30]":[58]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2022,"cited_by_count":3},{"year":2020,"cited_by_count":3},{"year":2019,"cited_by_count":2},{"year":2018,"cited_by_count":1},{"year":2016,"cited_by_count":3},{"year":2015,"cited_by_count":4},{"year":2014,"cited_by_count":3},{"year":2013,"cited_by_count":4}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2016-06-24T00:00:00"}