Author(s):
Ricardo, Duarte Jorge Portela 
Date: 2013
Persistent ID: http://hdl.handle.net/10362/9770
Origin: Repositório Institucional da UNL
Subject(s): Aid; Foreign direct investment; Oil reserves and oil production
Document details
Oil, foreign aid and FDI flows: The missing link?
Description
A Work Project, presented as part of the requirements for the Award of a Masters Degree in Economics from the NOVA – School of Business and Economics This paper studies the possible strategic use of foreign aid to get preferential access to oil. Furthermore, it also addresses the role of oil as a determinant factor for the allocation of Foreign Direct Investment (FDI). Using a panel data set of 48 oil producing countries for a period of 30 years, ranging from 1980 to 2010, it was found that, not only is oil a key factor for the determination of foreign aid and FDI, but also that there is a clear distinction between the importance conceived by donor and/or investing countries in their current and future level of oil dependence.
A Work Project, presented as part of the requirements for the Award of a Masters Degree in Economics from the NOVA – School of Business and Economics This paper studies the possible strategic use of foreign aid to get preferential access to oil. Furthermore, it also addresses the role of oil as a determinant factor for the allocation of Foreign Direct Investment (FDI). Using a panel data set of 48 oil producing countries for a period of 30 years, ranging from 1980 to 2010, it was found that, not only is oil a key factor for the determination of foreign aid and FDI, but also that there is a clear distinction between the importance conceived by donor and/or investing countries in their current and future level of oil dependence.
Document Type
Master Thesis
Language English
Advisor(s) Vicente, Pedro
Language English
Advisor(s) Vicente, Pedro
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