The impact of investment law no. (4) 2006 on the foreign direct investment and the antecedent effect on the labour market in Kurdistan regional government

The aim of this thesis is to analyze the impacts of Investment Law no. (4) 2006 on the foreign direct investment and the antecedent effect on the labor market in Kurdistan. The main objective of this research is to analyze the impact of FDI on labour market .This study uses qualitative approaches. P...

Full description

Saved in:
Bibliographic Details
Main Author: Ibrahim, Abubaker Mahmood
Format: Thesis
Language:eng
eng
Published: 2014
Subjects:
Online Access:https://etd.uum.edu.my/5689/1/s811804_01.pdf
https://etd.uum.edu.my/5689/2/s811804_02.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
id my-uum-etd.5689
record_format uketd_dc
institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
advisor Md Desa, Md Rejab
topic K Law (General)
spellingShingle K Law (General)
Ibrahim, Abubaker Mahmood
The impact of investment law no. (4) 2006 on the foreign direct investment and the antecedent effect on the labour market in Kurdistan regional government
description The aim of this thesis is to analyze the impacts of Investment Law no. (4) 2006 on the foreign direct investment and the antecedent effect on the labor market in Kurdistan. The main objective of this research is to analyze the impact of FDI on labour market .This study uses qualitative approaches. Primary data were generated from officials and companies interviews and secondary data was collected from various sources of government publications. The objective of this research is to identify the roles of FDI on Kurdistan’s Labour market and economic growth; also it intends to emphasize the roles of investment laws in KRG in enticing FDI and its influence on the KRG’s labour market. This study founds positive relationship between FDI and labour market. The study also discovered that labour market was developed through FDI and hundreds of job opportunities created by foreign labour. This stressed that Investment Law No (4) was effective in bringing foreign investors in Kurdistan, which impacted different sectors economy and labour market. However, if the law was effective in a period of time, for now, it needs to be amended and several acts in this law should be changed in order to maximize the advantages of FDI and targeting country development vision. The law was resulted the misuse of public lands as well as the lack of diversification of investment on sectors. The law should also be amended in the way to diversify investment sectors. Generally, FDI and investment law resulted in creating a positive environment for local workers as well as overall economic growth of the country.
format Thesis
qualification_name other
qualification_level Master's degree
author Ibrahim, Abubaker Mahmood
author_facet Ibrahim, Abubaker Mahmood
author_sort Ibrahim, Abubaker Mahmood
title The impact of investment law no. (4) 2006 on the foreign direct investment and the antecedent effect on the labour market in Kurdistan regional government
title_short The impact of investment law no. (4) 2006 on the foreign direct investment and the antecedent effect on the labour market in Kurdistan regional government
title_full The impact of investment law no. (4) 2006 on the foreign direct investment and the antecedent effect on the labour market in Kurdistan regional government
title_fullStr The impact of investment law no. (4) 2006 on the foreign direct investment and the antecedent effect on the labour market in Kurdistan regional government
title_full_unstemmed The impact of investment law no. (4) 2006 on the foreign direct investment and the antecedent effect on the labour market in Kurdistan regional government
title_sort impact of investment law no. (4) 2006 on the foreign direct investment and the antecedent effect on the labour market in kurdistan regional government
granting_institution Universiti Utara Malaysia
granting_department Ghazali Shafie Graduate School of Government
publishDate 2014
url https://etd.uum.edu.my/5689/1/s811804_01.pdf
https://etd.uum.edu.my/5689/2/s811804_02.pdf
_version_ 1747827968719192064
spelling my-uum-etd.56892022-05-23T01:33:21Z The impact of investment law no. (4) 2006 on the foreign direct investment and the antecedent effect on the labour market in Kurdistan regional government 2014 Ibrahim, Abubaker Mahmood Md Desa, Md Rejab Ghazali Shafie Graduate School of Government Ghazali Shafie Graduate School of Government K Law (General) The aim of this thesis is to analyze the impacts of Investment Law no. (4) 2006 on the foreign direct investment and the antecedent effect on the labor market in Kurdistan. The main objective of this research is to analyze the impact of FDI on labour market .This study uses qualitative approaches. Primary data were generated from officials and companies interviews and secondary data was collected from various sources of government publications. The objective of this research is to identify the roles of FDI on Kurdistan’s Labour market and economic growth; also it intends to emphasize the roles of investment laws in KRG in enticing FDI and its influence on the KRG’s labour market. This study founds positive relationship between FDI and labour market. The study also discovered that labour market was developed through FDI and hundreds of job opportunities created by foreign labour. This stressed that Investment Law No (4) was effective in bringing foreign investors in Kurdistan, which impacted different sectors economy and labour market. However, if the law was effective in a period of time, for now, it needs to be amended and several acts in this law should be changed in order to maximize the advantages of FDI and targeting country development vision. The law was resulted the misuse of public lands as well as the lack of diversification of investment on sectors. The law should also be amended in the way to diversify investment sectors. Generally, FDI and investment law resulted in creating a positive environment for local workers as well as overall economic growth of the country. 2014 Thesis https://etd.uum.edu.my/5689/ https://etd.uum.edu.my/5689/1/s811804_01.pdf text eng public https://etd.uum.edu.my/5689/2/s811804_02.pdf text eng public other masters Universiti Utara Malaysia Aliaga, M. & Gunderson, B. (2000). Interactive statistics. Published by Prentics Hall. Abdullah, N. N. (2013). The role of foreign direct investment in developing Kurdistan's economy. Universty Utara Malaysia Al-Khalifa, L. A. (2010). Foreign Direct Investment in Bahrain. Florida: Universal- Publishers. Almas Heshmati, A Model for Industrial Development of the Federal Region of Kurdistan: Science and Technology Policy, Instruments and Institutions, Discussion Paper Series No. 3213, IZA DP No. 3213, Forschungsinstitut zur Zukunft der Arbeit -Institute for the Study of Labor, Germany, December 2007. Aitken, B., A.E. Harrison and R. Lipsey (1996), “Wages and Foreign Ownership: A Comparative Study of Mexico, Venezuela, and the United States”, Journal of International Economics, Vol. 40, No. 3/4, pp. 345-371. Bergsman, Joel (2000): “Taxation and Tax Incentives for Foreign Direct Investment”, presented at the OECD conference Fiscal Incentives and Competition for Foreign Direct Investment in Baltic States, Vilnius, May. Blomström, M. & Kokko, A. (2003). Human Capital and Inward FDI. Working Paper 167: Stockholm School of Economics. Blomström, M. & Kokko, A. (2003). Human Capital and Inward FDI. Working Paper 167: Stockholm School of Economics BOI/KRG (2012). Trade and Industry. Retrieved August 12, 2014 from http://www.kurdistaninvestment.org/trade_ industry.html. Carpenter, T. G. (2009). Winm Hold and Lose. CATO Institute, Retrieved June 8, 2014, from http://www.cato.org/publications/commentary/win- hold-lose. Chan-Lee, J. and Ahn, S. (2001). Informational quality of financial systems (IQFS) and economic development. An indicators approach for East Asia. Asian, Retrievecd September 14, 2014 Development Bank Institute Working Paper 20. Checchi et al. (2007). Skilled Migration, FDI and Human Capital Investment. Discussion Paper No.2795: Zur Zukunft der Arbeit Institute for the Study of Labuor. Retrieved October 8, 2014, from http://ftp.iza.org/dp2795.pdf. Chowdhury, A. Mavrotas,G.(2005), “FDI and Growth: A Causal Relationship,” WIDER. Research Paper. Duasa,J.(2007), “Malaysian Foreign Direct Investment and Growth:Does Stability Matter?,” The journal of Economic Cooperation, 28, 2(2007):83-98. Dunning, J. H. (1994). Re-Evaluating the Benefits of Foreign Direct Investment. Transnational Corporations, Vol. 3. No. 1 (February 1994). Dutta, N. & Osei-Yeboah (2010). Foreign Direct Investment and Human Capital: The Role of Political and Civil Rights. Journal of International Development. Retrieved July 10, 2014, from http://poseidon01.ssrn.com/ delivery.php BOI/KRG (2012). List of the Projects in Kurdistan Region Licensing authority according to BOI & Governorates DGs Resolution. Directorate of infomration, Department of Information and Studies . Erbil: KRG. ETI – Ethical Trading Initiative (2006), The ETI Code of Labour Practice: Do Workers Really Benefit?, London, available at www.ethicaltrade.org/Z/lib/2006/09/impact-report/index.shtml Glass, A. J. & Saggi, K. (1999). Imitation as a Stepping Stone to Innovation. Working Paper. Greenwood, L. (n, d.). Globalization and Economic Development in East Asia: A New Model for Development, chapter 7. Retrieved 17 August 10, 2014 from http://www.apcss.org/Publications/ Edited%20Volumes/GrowthGovernance_files/Pub_ Growth%20Governance/Pub_GrowthGovernancech7.pdf Guenther, D. and Young, D. (2000). The association between financial accounting measures and real economic activity: A multinational study. Journal of Accounting & Economics, 29 (1): 53-72, Retrieved December 7, 2014, from http://www.sagepub.com/upm-data/ 40425_Chapter1.pdf Heshmati, A. (2011). Realities of Economic Development in the Federal Region of Kurdistan. Kurdish Congress. Retrieved December 2, 2014, from http://kurdishcongress.org/data/upimages/ subfolders/Presentations/almasheshmati.pdf IMF (1993). Balance of Payments and International Investment Posision Manual. 5th ed., Washington, D.C.: International Monetary Fund, 2000. IMF Multimedia Service Iseri, E. & Dilek, O. (2013). The Nexus of Turkey’s Energy and Foreign Policy With Iraqi Kurdish Oil: The Iranian Connection. Ortadogu Analize, February 2013, Vol 50, No. 50. Jones G. (1996). The evolution of international business: an introduction. London & New York: Routledge Karimi, Yusop. (2009 ). FDI and Economic Growth in Malaysia, University Putra Malaysia, 26. March (2009). Khan, M. A. (2007). Role of Human Capital in Attracting Foreign Direct Investment: A South Asian perspective. Journal of Human Resource Development, SSARC 2007. Kiggundu, M. N. (2002) “Entrepreneurs and entrepreneurship in Africa: What needs to be done”, Journal of Developmental Entrepreneurship, Vol.7 No. 3 pp 239-258 Kokko, A. (1992). Foreign Direct Investment, Host Country Characteristics and Spillovers. EFI/The Economic Research Institute, Stockholm School of Economics. Retrieved September 16, 2014, from http://hhs.divaportal.org/smash/get/ diva2:222006/FULLTEXT01. Kvale, D. (1996). Interviews. London: SAGE Publications. LaPorta, R., F. Lopez-de-Silanes, A. Shleifer & R. Vishny. (1999). Investor protection and corporate valuation. NBER Working Paper 7403, Cambridge, Mass.: NBER, mimeo. LaPorta, R., F. Lopez-de-Silanes, A. Shleifer & R. Vishny. (1998). Legal determinants of external finance. Journal of Political Economy. Li, X. & Liu, X. (2005). Foreign Direct Investment and Economic Growth: An Increasingly Endogenous Relationship. World Development 33(3), 393-407. Lipsey, R.E and F. Sjöholm (2004), “FDI and Wage Spillovers in Indonesian Manufacturing”, Review of World Economics, Vol. 140 (2), pp. 321-332. Lockhart, D. (2011). Investment laws of Iraq and the Kurdistan Region 30 August 2011. Retrieved June 5, 2014, from http://www.internationallawoffice.com/ newsletters/Detail.aspx?g=28535a5a- Marshall, C., & Rossman, G. B. (1999). Designing qualitative research, 3rd ed. Thousand Oaks, CA: Sage Publications. Marwah, K. & Tavakoli, A. (2004 ).The Effects of Foreign Capital and Imports on Economic Growth,” Journal of Asian Economics, 15, 399-413. Ministry of Planning/KRG (2012). Regional Development Strategy for Kurdistan Region 2012-2016. Morrisey, O. and D.W. Te Velde (2003), “Do Workers in Africa Get a Wage Premium if Employed in Firms Owned by Foreigners ?‟', Journal of African Economies, Retrieved August 30, 2014 http://www.mopkrg.org/resources/ Strategic%20Plan/PDF/eng/1_engl_sec.pdf Mun, H. W. (2007). Malaysian Economic Development: Issues and Debates. Retrieved July 27, 2014, from http://harwaimun.com/Malaysian_Economics_ Development.pdf. Neergaard, H. & Ulhøi, J. P. (2007). Handbook of qualitative research methods in Entrepreneurship. United Kingdom: Edward Elgar Publishing Limited. OECD (2002). Foreign Direct Investment for Development Maximizing benefits, minimizing costs: Maximizing benefits, minimizing costs. France: OECD. Phillips, D. (2009). Confidence Building Between Turks and Iraqi Kurds. Washington, DC: the Atlantic Council of the united states 11th Floor. Saunders, M., Lewis, P., and Thornhill, A.(2000). Research Methods for Business. 2th ed: PEARSON Education. Sekaran, U. (2000). Research Methods for Business: A Skill building Approach. New York: John Wiley & Sons Inc. Shaari et al (2012). The Impact of Foreign Direct Investment on the Unemployment Rate and Economic Growth in Malaysia. Journal of Applied Sciences Research, Vol 8 (9), pp.4900-4906, 2012. Te Velde, D. W. (2001). Government Policies towards Inward Foreign Direct Investment in Developing Countries: Implications for Human Capital Formation and Income Inequality. OECD Development Center. Retrieved September 19, 2014, from http://www.oecd.org/dev/2698620.pdf United Nations (2005). Economic Development in Africa: Rethinking the Role of Foreign Direct Investment. New York: United Nations Publication. Yasmin et al. (2003). Analysis of Factors Affecting Foreign Direct Investment in Developing Countries. Pakistan Economic and Social Review, Vol XLI, No. 1&2 (2003), pp. 59-75. Yaqin, A. (2007). Legal Research and Writing. Malaysia: Dolphin Press Sdn Bhd Yaqin, A. (2007). Legal Research and Writing. Petaling Jaya, Selangor, Malaysia: Malayan Law Journal Sdn Bhd.