Interest Rates, Fuel Subsidies, and Investment Friendliness in Southeast Asia
- Siangling Lu
- Corresponding Author
- Siangling Lu
- https://doi.org/10.2991/rais-18.2018.37How to use a DOI?
- Fuel Subsidies, Gross Fixed Capital Formation, Interest Rates, Investment Friendliness, Southeast Asia
- The question of investment determinants has been widely debated in the economic field, with scholars such as Daude and Stein (2007) and Waheed (2015) citing institutional quality as key while Ibrahim (2011), Jongwanich and Kohpaiboon (2008) cite financial market conditions as key. However, the role of fuel subsidies in affecting investment friendliness in smaller-scale oil producing countries have not been sufficiently addressed. My paper investigates determinants of investment friendliness in Southeast Asia with special attention to fuel subsidies. Specifically, in my project, I examined the interactions between lending interest rates, fuel subsidies, and gross fixed capital formation to carry out qualitative case studies on oil producing countries. I theorize that countries with higher fuel subsidies are likely to be less investment friendly than countries with lower fuel subsidies. This project, by closely examining fuel subsidies, sheds new light on the rarely acknowledged issue of fuel subsidies and investment friendliness.
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- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Siangling Lu DA - 2018/08/22 TI - Interest Rates, Fuel Subsidies, and Investment Friendliness in Southeast Asia BT - 10th International RAIS Conference on Social Sciences and Humanities (RAIS 2018) PB - Atlantis Press SN - 2352-5398 UR - https://doi.org/10.2991/rais-18.2018.37 DO - https://doi.org/10.2991/rais-18.2018.37 ID - Lu2018 ER -