Foreign Direct Investments and Gross Domestic Product Development in USA, European Union and China (1995-2014)
European Union (EU) and China established diplomatic relations in 1975, and now became mutually indispensable economic partners, presenting both an opportunity and challenge. During that time, after the first market reforms which were introduced in 1978, China has transitioned from a predominantly...
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Language: | English |
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EconJournals
2016-05-01
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Series: | International Journal of Economics and Financial Issues |
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Online Access: | https://dergipark.org.tr/tr/pub/ijefi/issue/32012/353770?publisher=http-www-cag-edu-tr-ilhan-ozturk |
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author | Daryoush Soleimani Mansoor Maitah Karel Malec Sylvie Kobzev Kotásková |
author_facet | Daryoush Soleimani Mansoor Maitah Karel Malec Sylvie Kobzev Kotásková |
author_sort | Daryoush Soleimani |
collection | DOAJ |
description | European Union (EU) and China established diplomatic relations in 1975, and now became mutually indispensable economic partners, presenting
both an opportunity and challenge. During that time, after the first market reforms which were introduced in 1978, China has transitioned from a
predominantly agricultural to industrial and service-oriented economy. On 11 December 2001, China also became the 143rd member of the World
Trade Organization. The aim of this research is to quantitatively compare the US, EU and Chinese gross domestic product from 1995 to 2014, the US
and Chinese outward Foreign direct investments (FDI) from 1995 to 2013, and analyse the impact of the exponentially rising Chinese investments in
the EU. We have found that while the US economy experienced a regression in general, and exhibited outward FDI exponential decrease in particular,
the Chinese outward FDI sustained an exponential growth. There is also possible to expect continue of exponentially rising economic investment
of China in the EU. The Chinese investment in the EU is estimated to peak during the next decade, when China will become by far the foremost
economic partner of the EU. |
first_indexed | 2024-04-10T11:51:15Z |
format | Article |
id | doaj.art-212111107fc2412795e17831231a5d2c |
institution | Directory Open Access Journal |
issn | 2146-4138 |
language | English |
last_indexed | 2024-04-10T11:51:15Z |
publishDate | 2016-05-01 |
publisher | EconJournals |
record_format | Article |
series | International Journal of Economics and Financial Issues |
spelling | doaj.art-212111107fc2412795e17831231a5d2c2023-02-15T16:17:04ZengEconJournalsInternational Journal of Economics and Financial Issues2146-41382016-05-01639789841032Foreign Direct Investments and Gross Domestic Product Development in USA, European Union and China (1995-2014)Daryoush SoleimaniMansoor MaitahKarel MalecSylvie Kobzev KotáskováEuropean Union (EU) and China established diplomatic relations in 1975, and now became mutually indispensable economic partners, presenting both an opportunity and challenge. During that time, after the first market reforms which were introduced in 1978, China has transitioned from a predominantly agricultural to industrial and service-oriented economy. On 11 December 2001, China also became the 143rd member of the World Trade Organization. The aim of this research is to quantitatively compare the US, EU and Chinese gross domestic product from 1995 to 2014, the US and Chinese outward Foreign direct investments (FDI) from 1995 to 2013, and analyse the impact of the exponentially rising Chinese investments in the EU. We have found that while the US economy experienced a regression in general, and exhibited outward FDI exponential decrease in particular, the Chinese outward FDI sustained an exponential growth. There is also possible to expect continue of exponentially rising economic investment of China in the EU. The Chinese investment in the EU is estimated to peak during the next decade, when China will become by far the foremost economic partner of the EU.https://dergipark.org.tr/tr/pub/ijefi/issue/32012/353770?publisher=http-www-cag-edu-tr-ilhan-ozturkchina european union united states gdp foreign direct investment |
spellingShingle | Daryoush Soleimani Mansoor Maitah Karel Malec Sylvie Kobzev Kotásková Foreign Direct Investments and Gross Domestic Product Development in USA, European Union and China (1995-2014) International Journal of Economics and Financial Issues china european union united states gdp foreign direct investment |
title | Foreign Direct Investments and Gross Domestic Product
Development in USA, European Union and China (1995-2014) |
title_full | Foreign Direct Investments and Gross Domestic Product
Development in USA, European Union and China (1995-2014) |
title_fullStr | Foreign Direct Investments and Gross Domestic Product
Development in USA, European Union and China (1995-2014) |
title_full_unstemmed | Foreign Direct Investments and Gross Domestic Product
Development in USA, European Union and China (1995-2014) |
title_short | Foreign Direct Investments and Gross Domestic Product
Development in USA, European Union and China (1995-2014) |
title_sort | foreign direct investments and gross domestic product development in usa european union and china 1995 2014 |
topic | china european union united states gdp foreign direct investment |
url | https://dergipark.org.tr/tr/pub/ijefi/issue/32012/353770?publisher=http-www-cag-edu-tr-ilhan-ozturk |
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