Foreign Direct Investment (FDI) in Transition Economies

Salima Serkebaeva Professor John Anchor pictured with Salima Serkebaeva, a PhD student from Kyrgyz National University

Mon, 13 Oct 2014 11:03:00 BST

Salima Serkebaeva, a PhD student from Kyrgyz National University who was awarded an Erasmus Mundus CANEM scholarship to study in the University of Huddersfield presented her research on Foreign Direct Investment (FDI) in Transition Economies: The Case of Kyrgyzstan to the Emerging Markets Research Group (EMERGE) on 7th October 2014.

Salima spent 10 months in the University of Huddersfield Business School being advised by Professor John Anchor, and the seminar delivered earlier this week was a result of her work during her stay in Huddersfield.

The seminar aimed at providing a more in-depth insight into the characteristics of FDI in transition economies. Given Salima’s background the main focus of her research is the Commonwealth of Independent Countries (CIS), mainly Kyrgyzstan.

Salima says:  “Attracting foreign direct investment to the Kyrgyz Republic is one of the priorities of the economic policy of the country. Kyrgyzstan continues with significant reforms of the economy and government regulations in areas of improvement of the quality of tax administration, stability in economic policy, macroeconomic stabilization, improvement of customs and foreign trade regulation, etc. In terms of the reforms towards transition it is very important to examine the determinants of FDI.

Professor John Anchor, Director of the Emerging Markets Group added:  “Kyrgyzstan is an interesting case study of an economy in transition. It is a resource rich, former Soviet state, founded by Stalin in the 1930s. It is potentially an attractive investment proposition and has recently attracted considerable interest from China. However it faces significant political and economic challenges. We would like to thank Salima for her stimulating presentation, and we wish her all the best in her future research!

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