The Impact of Foreign Direct Investment in Environmental Pollution Singapore modeling period of 1991 - 2010

Abstract

Environmental pollution in its various forms became an international problem that experts and specialists should be more interested in and should be concerned about. Policies and legislations should be created to prevent environmental pollution from spreading out. Environmental problems are becoming more and more serious because of foreign direct investment flows in many countries, especially the investment that is not restricted or prohibited for environmental purposes. To achieve the aim of study and its hypothesis, Singapore is chosen (as a model), because it is one of the 20 greatest countries in the world that attracted a large amount of foreign direct investment. In the present study, the researcher used the multiple regression analysis for a time series of (20) observations, via ordinary least squares (OLS) method to show the environmental impact of foreign direct investment (FDI) during the period of 1991–2010. The results of study showed a positive correlation between the foreign investment flows and emissions of organic water pollutants, as well as an