The investment development path theory and small states
Small states, classified as countries with population barely exceeding 1.5 m, encounter special development challenges. Although they share common characteristics of small population and size of land area, they also differ along other characteristics such as geography, remoteness, and dispersion. Th...
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| Format: | Article |
| Language: | English |
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Elsevier
2021-12-01
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| Series: | Research in Globalization |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S2590051X21000137 |
| _version_ | 1828911766101295104 |
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| author | Justice Gameli Djokoto |
| author_facet | Justice Gameli Djokoto |
| author_sort | Justice Gameli Djokoto |
| collection | DOAJ |
| description | Small states, classified as countries with population barely exceeding 1.5 m, encounter special development challenges. Although they share common characteristics of small population and size of land area, they also differ along other characteristics such as geography, remoteness, and dispersion. These have combined to depict them as different from large states and hence could differ from large states regarding responses to macroeconomic indicators such as foreign direct investment. Thus, this paper investigated the stages of Small states within the investment development path (IDP) framework. As a collective, developing Small states depart from the theory of the IDP. As individual Small states, some of the countries also showed stages that are inconsistent with the theory and empirical evidence. Small states need to be studied as a collective and as individual countries. |
| first_indexed | 2024-12-13T19:08:39Z |
| format | Article |
| id | doaj.art-34f2d11e724b4e2aa0dfb9a6fd9ded1c |
| institution | Directory Open Access Journal |
| issn | 2590-051X |
| language | English |
| last_indexed | 2024-12-13T19:08:39Z |
| publishDate | 2021-12-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Research in Globalization |
| spelling | doaj.art-34f2d11e724b4e2aa0dfb9a6fd9ded1c2022-12-21T23:34:27ZengElsevierResearch in Globalization2590-051X2021-12-013100048The investment development path theory and small statesJustice Gameli Djokoto0Department of Agribusiness Management, Central University, Accra, GhanaSmall states, classified as countries with population barely exceeding 1.5 m, encounter special development challenges. Although they share common characteristics of small population and size of land area, they also differ along other characteristics such as geography, remoteness, and dispersion. These have combined to depict them as different from large states and hence could differ from large states regarding responses to macroeconomic indicators such as foreign direct investment. Thus, this paper investigated the stages of Small states within the investment development path (IDP) framework. As a collective, developing Small states depart from the theory of the IDP. As individual Small states, some of the countries also showed stages that are inconsistent with the theory and empirical evidence. Small states need to be studied as a collective and as individual countries.http://www.sciencedirect.com/science/article/pii/S2590051X21000137Foreign direct investmentGross domestic productInvestment development pathMaltaSmall states |
| spellingShingle | Justice Gameli Djokoto The investment development path theory and small states Research in Globalization Foreign direct investment Gross domestic product Investment development path Malta Small states |
| title | The investment development path theory and small states |
| title_full | The investment development path theory and small states |
| title_fullStr | The investment development path theory and small states |
| title_full_unstemmed | The investment development path theory and small states |
| title_short | The investment development path theory and small states |
| title_sort | investment development path theory and small states |
| topic | Foreign direct investment Gross domestic product Investment development path Malta Small states |
| url | http://www.sciencedirect.com/science/article/pii/S2590051X21000137 |
| work_keys_str_mv | AT justicegamelidjokoto theinvestmentdevelopmentpaththeoryandsmallstates AT justicegamelidjokoto investmentdevelopmentpaththeoryandsmallstates |