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Several studies on the impact of international migration and remittances on household outcomes have been released recently. Many were found to have conflicting results. This paper attempts to shed light on the conflicting results by reviewing the empirical studies that use large scale and...
Persistent link: https://www.econbiz.de/10009363637
The United States and China are at a turning point in their investment relationship. China’s previous investments in the US were predominantly in government securities, while other holdings were negligible. Recently, the accumulation of treasury securities has slowed and direct...
Persistent link: https://www.econbiz.de/10011134322
The dramatic rise of Chinese direct investment into the European Union has sparked a debate about the control that China may be seeking to take over European economies. Quite naturally these concerns have led to repeated calls that action be taken to slow down, if not to halt entirely, this...
Persistent link: https://www.econbiz.de/10011134323
Chinese state-owned enterprises (SOEs) and their overseas direct investment (ODI) have played an important role in China's economic development. But the rapid expansion of SOE-dominated ODI has also raised concerns, including about state capitalism and the need for competitive neutrality. This...
Persistent link: https://www.econbiz.de/10011134324
China is rising as a major source of outward direct investment (ODI), but barriers to and protectionism against Chinese investment have been strengthened as well. This situation reflects inherent flaws in the architecture governing international investment. This paper identifies three of...
Persistent link: https://www.econbiz.de/10011134326
China has become the world’s third largest outward investor, behind the United States and Japan. A growing body of literature suggests that China’s regulatory framework for outward foreign direct investment (OFDI) is a determinant of the country’s rising OFDI. This paper...
Persistent link: https://www.econbiz.de/10011134328
unrelated regression (SUR) estimation method and employing other robustness checks, we demonstrate that simple economic and …
Persistent link: https://www.econbiz.de/10010857585
Standard neoclassical theory predicts that capital should flow from rich to poor countries. However, Lucas (1990) points out that these capital flows are actually very modest, and nowhere near the levels predicted by theory. The People’s Republic of China (PRC) now receives more foreign...
Persistent link: https://www.econbiz.de/10009651618
Standard neoclassical theory predicts that capital should flow from rich to poor countries. However, Lucas (1990) points out that these capital flows are actually very modest, and nowhere near the levels predicted by theory. The People’s Republic of China (PRC) now receives more foreign...
Persistent link: https://www.econbiz.de/10009651658
The Impossible Trinity doctrine still holds a powerful sway over policymakers, advisors (particularly the International Monetary Fund [IMF]) and academia. In East Asia over the past decade, however, most countries have been able to maintain open capital markets, monetary policy...
Persistent link: https://www.econbiz.de/10009652202