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This paper models a multilateral agreement on investment (MAI) as a coordination device. Multinational enterprises can invest in any number of countries. Without a multilateral investment agreement, expropriation triggers an investment stop by the single MNE. Under a multilateral agreement,...
Persistent link: https://www.econbiz.de/10003808670
We analyze the transmission of global financial crisis to business cycles in China and India. The pattern of business …
Persistent link: https://www.econbiz.de/10003861779
"The paper evaluates the effects of privatization in the post-communist economies and China. In post … institutional development. In China relatively more estimates suggest that privatization to domestic owners improves the level of …-communist economies, but foreign joint ventures rather than wholly owned foreign firms have a positive effect in China. Worker or …
Persistent link: https://www.econbiz.de/10003791159
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The European Union (EU) provides grants to disadvantaged regions of member states to allow them to catch up with the EU average. Under the Objective 1 scheme, NUTS2 regions with a GDP per capita level below 75% of the EU average qualify for structural funds transfers from the central EU budget....
Persistent link: https://www.econbiz.de/10003803543
vulnerability of a firm's products as well as with rising import competition from China. …
Persistent link: https://www.econbiz.de/10011580556
Countries design programs for supporting firms, with varying levels of success. Firm growth is constrained by several factors, such as low firm capabilities (e.g. management), availability of finance, and access to markets. Based on the available experimental evidence on firm support programs in...
Persistent link: https://www.econbiz.de/10012390615
. Furthermore, there is only limited evidence that East Asian economies including China and Japan are accumulating an excessive …
Persistent link: https://www.econbiz.de/10003850507
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