Showing 1 - 10 of 10
designed. The Argentine crisis has demonstrated that unilateral currency pegs imply the risk of serious misalignments with … transparency and credibility. We therefore discuss a proposal to create dual currency boards that could be a workable solution for …
Persistent link: https://www.econbiz.de/10005801322
comparative advantage (trade) and foreign direct investment flows. It discusses several forms and the prevalence of forced labour … investment is negatively linked with forced labour. This result even holds for relatively poor developing countries …
Persistent link: https://www.econbiz.de/10004989334
The globalisation of the world economy increases international competition among companies. However, not all industries will be affected by the same extent. The degree of globalisation of an industry will be particularly influenced by the level of transaction costs. Low transaction costs will...
Persistent link: https://www.econbiz.de/10004989377
This paper explores the relationship between foreign direct investment, or the activities of transnational corporations … investment and presents the results of an empirical test of that linkage. The results show that, contrary to the conventional … positively associated with foreign direct investment inflows. Concerns about "social dumping" or "a race to the bottom" on such …
Persistent link: https://www.econbiz.de/10004989380
As the process of globalisation of the world economy progresses, the degree of international competition among enterprises increases as well. Yet not all industries or branches are affected to the same extent by this development. One of the most important factors which determine the degree of...
Persistent link: https://www.econbiz.de/10004989390
The paper evaluates the political and economic incentives to conclude the EU-Mexico Free Trade Agreement (FTA). It discusses EU and Mexican trade policy as well as the multilateral context for FTAs. In addition, using a disaggregated approach at the three-digit Standard International Trade...
Persistent link: https://www.econbiz.de/10004989393
The European Union is currently negotiating free trade agreements, called Economic Partnership Agreements (EPAs), with African countries as part of the Cotonou Agreement between the European Union and African, Caribbean and Pacific countries. The paper empirically assesses the impact of the EPAs...
Persistent link: https://www.econbiz.de/10005468541
The paper empirically explores the international linkages between gender inequality and trade flows of a sample of 92 developed and developing countries. The focus is on comparative advantage in labour-intensive manufactured goods. The results indicate that gender wage inequality is positively...
Persistent link: https://www.econbiz.de/10005468556
The paper addresses the linkage between certain aspects of the increasing economic integration of world markets and the level of child labour. We empirically examine, first, the often-cited conventional wisdom that multinational enterprises invest in countries where the extent of child labour is...
Persistent link: https://www.econbiz.de/10005468567
The paper evaluates the economic necessity and political incentives of a transitional fund for the East African Community (EAC). The fund has been proposed to encounter trade imbalances which may arise due to the intended customs union in East Africa. Using a disaggregated approach at the...
Persistent link: https://www.econbiz.de/10005468590