Inviting foreign direct investment for sports development projects in relation to economic development and development challenges
Abstract
The present study aimed to investigate attracting foreign direct investment for sports development projects in relation to economic developments and challenges. The researchers utilized a descriptive approach, using a questionnaire, due to its appropriateness for the nature of the research. A total of 300 workers from the General Office of the Ministry of Youth and Sports participated in this study. They were selected using a stratified purposeful sampling method from the following categories: undersecretaries, general directors, department directors, department heads, and administrators. The findings of this study showed support for foreign trade exchanges through investment in export industries, especially in contexts where the host country has an advantage over the country of origin and where banking facilities are available in commercial banks. Additionally, it was demonstrated that lower risk and higher returns lead to an influx of investments. Consequently, this increases capital formation, particularly by reducing the state's dependence on external debt and decreasing the volume of foreign aid.
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The works and papers that are published in this Journal are subject to the following terms:
1. The Publication Service of the University of Murcia (the publisher) has the Publication Rights (Copyright) to the published papers and works, and favors and permits the reusing of the same under the license indicated in point 2.
© Servicio de Publicaciones, Universidad de Murcia, 2013
2. The papers and works are to be published in the digital edition of the Journal under the license Creative Commons Reconocimiento-No Comercial-Sin Obra Derivada 3.0 España (legal text). The copying, using, spreading, transmitting and publicly displaying of the papers, works or publication are permitted as long as: i) the authors and original sources (Journal, publisher and URL of the publication) are quoted; ii) it is not used for commercial benefit; iii) the existence and specifications of this users license are mentioned.
3. Conditions of Self-Archiving. It is permitted and encouraged that the authors spread electronically the pre-print (before printing) and/or post-print (the revised, evaluated and accepted) versions of their papers or works before their publication since this favors their circulation and early diffusion and therefore can help increase their citation and quotation, and also there reach through the academic community.
