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Persistent link: https://www.econbiz.de/10009758447
Prefunding of pension commitments in OECD economies is increasingly seen as a central strategy to cope with the aging of their populations. This paper argues that investments in emerging markets can help at the margin but are unable to solve the demographic problem. While these investments bring...
Persistent link: https://www.econbiz.de/10009781581
This paper uses micro-data from the World Bank Investment Climate Surveys 2002-2006 to investigate how foreign ownership and access to external finance affect the likelihood of manufacturers in emerging markets to export and/or import. Applying propensity score matching to control for...
Persistent link: https://www.econbiz.de/10009772816
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since the late 1978. To investigate the extent and reason the output growth in China has been influenced by these policies … across sectors are important in explaining the disturbance of national output in China. Specifically, sectoral specific …
Persistent link: https://www.econbiz.de/10003952447
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China's increased trade with and investment in Africa have boosted the continent's economic growth but have also … generated considerable controversy. In this paper we investigate China's outward direct investment ODI in Africa using macro and … micro data. The aggregate data on China's ODI in African countries reveal that China's share of the stock of foreign …
Persistent link: https://www.econbiz.de/10011485198
The investment-intensive growth model of the People's Republic of China (PRC) is often viewed as state-driven and …
Persistent link: https://www.econbiz.de/10011657882