Meet the editor

Professor Anita Maček is currently a lecturer of Economics at the University of Applied Sciences FH Joanneum, Graz, Austria, and the Doba Business School Maribor, Slovenia. She is also a member of the Management Board at the Union of Economists of Slovenia, editor-in-chief of the Journal of Innovative Business and Management, deputy editor of the IBS Newsletter, and a member of the editorial board of Bančni Vestnik (The Journal

for Money and Banking). The focus of her research, which has been published in numerous national and international journals, is related to international capital flows, foreign direct investments, international business, cross-cultural management, smart cities, and management of cities and regions.

Contents

**Section 1**

**Section 2**

*by Mohamed Salem*

the Industry Level *by Ignatius Roni Setyawan*

Industries for Vietnam

and Trends

*by Omar E. García-Bolívar*

Based on 2005 – 2015 Study *by Rasto Ovin and Anita Macek*

**Preface XI**

Selected Perspectives on International Capital Flows **1**

**Chapter 1 3**

**Chapter 2 15**

Regional Specific Issues of Foreign Direct Investment and Divestment **25**

**Chapter 3 27**

**Chapter 4 47**

**Chapter 5 61**

**Chapter 6 75**

Business Climate: When Weakness Means Foreign Direct Divestment

What Has Happened with C-B M&A Acceptance? A Follow Up

Identifying Location Drivers and Barriers of FDI Determinants in

Behavior of Global Investors in Five ASEAN Stock Markets in

Diaspora Investment to Help Achieve the SDGs in Africa: Prospects

Applying Consistency Fuzzy Preference Relations to Select a Strategy that Attracts Foreign Direct Investment (FDI) in Developing Supporting

MENA Countries: Undertaking Hotel Sector

*by Paul Asquith and Stella Opoku-Owusu*

*by Nguyen Xuan Huynh and Hoang Dinh Phi*

## Contents


Preface

Since the start of the century, the world has been facing quite a substantial setback in foreign direct investment (FDI). The reasons for this could be the saturation happening in some economies (China, Central and Eastern Europe) or even disappointment, because in some cases FDI did not meet basic expectations of the

These events are in a way sanctioning the theoretical debate on FDI as well as the

The section on "Selected Perspectives on International Capital Flows" includes two chapters. The first chapter provides a deep analysis of how a weak business climate can cause foreign direct divestment. The chapter highlights the externalities of foreign direct divestment and suggests some ideas to overcome the related global negative impact, which is likely to be significant in the aftermath of the COVID-19 pandemic.

The second chapter in this section highlights some of the most important impacts of FDI that are subject to inverse processes later. The chapter discusses drivers of these processes and searches for different patterns, obviously often deriving outside economic rationale from the position of a developed market economy. Based on their expertise, the authors connect concrete findings of their study with possible

The section "Regional Specific Issues of Foreign Direct Investment and Divestment"

The first chapter identifies the location drivers and barriers influencing FDI in the hotel sector in selected Middle East and North Africa (MENA) countries. Results of the study show that hotel-specific variables and country-specific factors influence FDI flows in MENA countries. In addition, the study exposes taxation, level of investment freedom, and political instability as the most important barriers to these

The second chapter in this section highlights the behavior of global investors in five Association of Southeast Asian Nations (ASEAN) stock markets at the industry level. The authors add important information to the topic of ASEAN capital market integration. The results of the study show that there are still differences in the level of integration between countries and industries in ASEAN, however, they also prove that the Indonesian capital market provides the greatest benefits to global investors, giving them the opportunity to utilize all Global Industry Classification

In the third chapter, the authors discuss prospects and trends in how diaspora investment can help to achieve sustainable development goals in Africa. The chapter argues that governments, financial institutions, the private sector, and the diaspora itself

Standard (GICS) industrial sectors as a reliable portfolio.

discussion surrounding mergers and acquisitions.

This book is organized into two sections.

receiving countries.

drivers of divestment.

processes.

consists of four chapters.
