الفهرس 
الباب الاوليوجد فقط 14 صفحة متاحة للعرض العام
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المستخلص
Introduction
This thesis deals with the impact of the exchange rate on foreign direct investment in Egypt, where FDI plays an effective and fundamental role in the development process in Egypt, as an integral component of domestic savings and a substitute for external borrowing and subsequent burdens that drain what is being accomplished. The impact of the exchange rate on foreign direct investment is increasingly of interest to economists. Between the proponents of exchange rate stabilization and the various economic studies, the role of the exchange rate may affect foreign direct investment. This study seeks to answer a number of questions, including the extent to which the impact of the exchange rate on foreign direct investment? Has China’s exchange-rate policy played a role in attracting foreign direct investment? How much can Egypt benefit from China’s experience in attracting foreign direct investment? And making recommendations on how to increase foreign direct investment flows in Egypt.
Thesis Problem
The main thesis problem is to know the effect of the exchange rate on foreign direct investment in Egypt and China and to identify the different determinants affecting foreign direct investment flows in both countries and to know the effect of the exchange rate on foreign direct investment in Egypt under the various policies adopted by Egypt to formulate the exchange rate. The volatility of foreign direct investment flows in Egypt, the verification of the contribution of the Chinese yuan exchange rate to attracting foreign direct investment in China, and the possibility of Egypt benefiting from China’s experience in attracting foreign direct investment.
Thesis Objectives
1- Determining the factors affecting FDI in Egypt and China and measuring the extent of their impact through the use of statistical methods during the period (1977 - 2017).
2- Studying the effect of the exchange rate on foreign direct investment through an econometrics model showing the long-term relationship between the exchange rate and foreign direct investment of Egypt and China.
3- Examining the possibility of Egypt benefiting from China’s experience in attracting foreign direct investment.
Thesis Hypothesis
This study is based on the following hypotheses
The first hypothesis: - There is a negative long-term relationship from exchange rate on foreign direct investment in Egypt.
Second hypothesis: There is a long-term relationship between the exchange rate of the Chinese yuan and the increase of foreign direct investment flows in China.
Thesis Plan
The research consists of three sections divided as follows:
Section 1: Exchange Rate and Foreign Direct Investment in Economic Theory
This section expresses the theoretical framework that includes the definition of terms and concepts of study, which is the basic step of presentation of ideas. In order to cover this section, it was divided into two chapters. The first was the exchange rate, ”Concept and Interpreted Interpretations”, dealing with exchange rate policies and regulations as well as exchange rate theories. The second was the theoretical framework of the relationship between the exchange rate and foreign direct investment, addressing the determinants and theories of foreign direct investment, and the applied studies that study the effect of the exchange rate on foreign direct investment.
Section 2: Foreign Direct Investment in China
This section examines the analysis and study of FDI in China by clarifying China’s FDI climate and the policies and actions taken by China to attract foreign direct investment. In order to cover this section, it has been divided into two chapters. The first is the main features of foreign direct investment in China, in which the stages of the development of foreign direct investment in China, sectoral distribution and sources of foreign direct investment in China were presented. Second: the determinants of FDI in China, in which the FDI climate in China was addressed by the factors affecting FDI in China.
Section 3: Foreign Direct Investment in Egypt
This section examines and analyzes the effect of the exchange rate on foreign direct investment in Egypt. In order to cover this section, it has been divided into two chapters. The first was the development of foreign direct investment in Egypt, in which the reality of foreign direct investment in Egypt, sectoral distribution, sources of foreign direct investment and determinants of foreign direct investment in Egypt. Second: the economitrecs model of the effect of the exchange rate on foreign direct investment of Egypt and China.
Conclusions
A study following the exchange rate on foreign direct investment in Egypt and China shows several results that could contribute to increasing foreign direct investment flows in Egypt.
The study showed that monetary policy decisions on the exchange rate were followed by an increase in foreign direct investment flows to Egypt, indicating the importance of the exchange rate as one of the determinants of foreign direct investment in Egypt.
The results of the ”Auto Regression Distributed Lag model” ARDL model show the following:
• There is a positive relationship between the exchange rate and foreign direct investment in Egypt, in addition to the positive effect of both foreign direct investment in the last year, economic openness and the foreign exchange reserves. In the other side there is a negative impact of external debt on foreign direct investment.
• With the second model of the impact of the exchange rate on foreign direct investment in China, the results of the model confirmed that there was a positive impact of FDI in the last year, economic openness and a negative impact on inflation, as well as a negative impact for foreign debt on foreign direct investment. The model also confirmed that despite the positive reference to the exchange rate factor, the exchange rate has no statistical significance on FDI in China.