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The paper contributes to the globalization debate by scrutinizing the international spillover effects which are provoked if a single country reduces the generosity of the unemployment compensation system or weakens labor union power. For this purpose a two-country model with imperfect...
Persistent link: https://www.econbiz.de/10005566676
The EU and the US have started negotiations on a Transatlantic Trade and Investment Partnership Agreement (TTIP) which …
Persistent link: https://www.econbiz.de/10010884392
misalignments. Intra-regional trade – both with North Africa and the rest of the continent – together with greater orientation to …
Persistent link: https://www.econbiz.de/10011271994
1930s. We argue that the culprit behind this Great Depression was the collapse of Finnish trade with the Soviet Union … of Soviet-Finnish trade can explain key features of Finland's Great Depression. We also show that Finland's Great … similar trade collapse. However, as a western democracy with developed capital markets and institutions, Finland faced none of …
Persistent link: https://www.econbiz.de/10005566654
While the recent increase in foreign direct investment (FDI) to African countries is a welcome development, the … the impact of FDI on development is through its effects on domestic factor markets, especially domestic investment and … employment. In this context, this study analyses the two-way linkages between FDI and domestic investment in Sub-Saharan Africa …
Persistent link: https://www.econbiz.de/10005763464
essential for a country’s economic growth. Our hypothesis is that foreign-educated leaders attract more FDI to their country …. Our rationale is that education obtained abroad encompasses a whole slew of factors that can make a difference in FDI … significant determinant of FDI inflows, beyond other standard characteristics. While intuitive, this result does not necessarily …
Persistent link: https://www.econbiz.de/10008765229
The flow of foreign direct investment (FDI) has increased dramatically in the last two decades. However, the … distribution of FDI is highly unequal and the competition among countries to attract foreign investors is fierce. This report … investigates the determinants of FDI inflows to developing countries in general and to the Federal Region of Kurdistan (FRK) in …
Persistent link: https://www.econbiz.de/10005762073
played by trade and FDI in determining employment. The empirical results obtained lend support to globalization having a …
Persistent link: https://www.econbiz.de/10010723562
Globalization is not only about the rise of trade, FDI, and migration. It is also about the changing linkages among … liberalization fostered not only trade but also inward investment, confirming that trade and FDI toward developing countries have …, trade policies and the stock of FDI have a positive impact on the incentives to invest in education. This set of findings …
Persistent link: https://www.econbiz.de/10005822046
In this paper an ex-post measurable definition of globalization has been used, namely increasing trade openness and FDI … employment creation nor the decrease in within-country inequality are automatically assured by increasing trade and FDI. The …, giving raise to concentration and marginalisation phenomena; 2) increasing trade and FDI do not emerge as the main culprits …
Persistent link: https://www.econbiz.de/10005822450