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The paper explores the linkages between political risk, institutions and foreign direct investment inflows. Using … and institutions are employed in the empirical analysis. The results show that government stability, the absence of …
Persistent link: https://www.econbiz.de/10005801329
societal environment. Taking a cultural approach and referring to the newer literature on the transfer of institutions, we try … to improve the understanding of the interrelation between formal and informal institutions. Our central thesis is that … the ?reaction rate? of informal institutions depends on their compatibility with imported formal institutions. The …
Persistent link: https://www.econbiz.de/10010957356
The ?first track? of Joint Implementation under the Kyoto Protocol gives host and investor countries total freedom in choosing a baseline for a project reducing or sequestering greenhouse gases. This is due to the fact that an overly generous granting of emission credits leads to a corresponding...
Persistent link: https://www.econbiz.de/10010957380
The paper explores the linkages between political risk, institutions and foreign direct investment inflows. Using … and institutions are employed in the empirical analysis. The results show that government stability, the absence of …
Persistent link: https://www.econbiz.de/10010957402
The present study is a continuation of an earlier paper by the same author dealing with the economic debates in the Soviet Union between 1987 and 1991 (HWWA Discussion Paper 324; Europe-Asia Studies vol. 58, no. 2). After there had been a paradigm shift in Russian economics around 1990, in the...
Persistent link: https://www.econbiz.de/10010957406
need a sound business environment in the form of good government regulations to be able to benefit from FDI. Using a … comprehensive data set for regulations, we test this hypothesis and find evidence that excessive regulations restrict growth through …
Persistent link: https://www.econbiz.de/10010957416
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?...
Persistent link: https://www.econbiz.de/10010957424
Since the adoption of the United Nations Framework Convention on Climate Change (UNFCCC), in Rio de Janeiro, Brazil, in 1992, developing countries have continuously emphasized that assistance and capacity building are essential for them to implement the Convention effectively. The entry into...
Persistent link: https://www.econbiz.de/10010957447
The Clean Development Mechanism (CDM) was originally seen as an instrument with a bilateral character where an entity from an industrialised country invests in a project in a developing country (DC). Also, multilateral funds were envisaged that would bundle investments to spread project risks....
Persistent link: https://www.econbiz.de/10010957459
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'...
Persistent link: https://www.econbiz.de/10005320459