Does official aid pave the road for private foreign investment or does it suffocate private initiative by diverting resources towards unproductive activities? In this paper we explore this question using data for a large number of developing and emerging economies. Controlling for countries'...

During the past two decades, international trade in telecommunication services has significantly intensified. What is more, an increasing number of telecommunications operators have begun to expand their activities beyond national borders through FDIs, joint ventures, and cooperation agreements....

This paper uses a dataset on the foreign activities by Swedish manufacturing firms to examine the performance of German affiliates compared with affiliates in other locations. It is found that German affiliates, on average, have higher labour productivity, R&D expenditure per employee and...