Business, Management and Accounting
3 years ago

Legal guarantees attract foreign investment, boosting economies and creating jobs.

Innovation in the economy
THE IMPORTANCE OF LEGAL AND INSTITUTIONAL FUNDAMENTALS IN ATTRACTING FOREIGN INVESTMENT
Hulkar Azimova

Paper Summary

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Foreign investment is important for countries to grow their economies. To attract foreign investors, countries need to have strong laws and systems in place to protect investors' rights. This includes offering benefits and guarantees to make sure investors feel secure. By having a good legal framework, countries can encourage more foreign investment.