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In a recent model Markusen and Venables (1999) describe the conditions under which foreign direct investments (FDI) can act as a catalyst for local industrial development. We apply this framework to the case of Poland, allowing for the entry of multinationals in both intermediates and...
Persistent link: https://www.econbiz.de/10005652521
In the 1950s and 60s, the American view of foreign direct investment(FDI) in emerging markets, then called less-developed or developing countries, was that it was desirable for three reasons: as a vehicle for economic development and a partial substitute for foreign aid; to promote economic...
Persistent link: https://www.econbiz.de/10005784772
Why do some countries adopt market-oriented reforms such as deregulation, privatization and liberalization of competition in their infrastructure industries while others do not? Why did the pace of adoption accelerate in the 1990s? Building on neo-institutional theory in sociology, we argue that...
Persistent link: https://www.econbiz.de/10005784793
Latin America support the arguments, suggesting that, contrary to the views of many critics of globalization, domestic firms …
Persistent link: https://www.econbiz.de/10008528995
, and globalization. This section establishes the general parameters of the argument that democracy and peace are linked and … that there are serious charges that globalization works against democracy and thereby threatens the sustainability of peace …
Persistent link: https://www.econbiz.de/10005677485
and population growth. The results indicate that globalization is usefully construed as a process analogous to …
Persistent link: https://www.econbiz.de/10005677587
The statistics regarding violence in today’s society are staggering. A newly released study published by the World Health Organization, making headlines in the Wall Street Journal (Oct. 3, 2002) reports that “Violence Took 1.6 Million Lives in 2000.” Notably, this report considers only the...
Persistent link: https://www.econbiz.de/10005677729
Using confidential microdata from the US Census, we find that the fraction of manufacturing plants that export rose from 21% in 1987 to 39% in 2006. It has been suggested that similar trends in other countries may have been caused by declining costs of entering foreign markets. Our study tests...
Persistent link: https://www.econbiz.de/10010575338
comparative advantage (CA) in U.S. services trade with China and India from 1992 to 2010. The results indicate that the U.S. has a … recently China, gained a CA in modern services, such as computer and information services during the period considered in this … losing its initial dominance. In contrast, the U.S. CA or CDA vis-à-vis China exhibits high levels of persistence over time …
Persistent link: https://www.econbiz.de/10011266143
China's reform worked and produced one of the most impressive growth in the largest developing and transition economy … in the world in the past twenty-two years. That China has managed to grow so rapidly despite the absence of many … initial conditions and to function as stepping stones in the transition toward the goal. Underlying China's reform is a serial …
Persistent link: https://www.econbiz.de/10005207885