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This Selected Issues paper for Algeria analyzes the potential economic impact of Algeria’s Association Agreement with the European Union (AAEU). The paper lays out the major elements of Algeria’s AAEU and makes a comparison with other AAEUs. It discusses the potential economic...
Persistent link: https://www.econbiz.de/10011244528
the general equilibrium effects of capital flows (portfolio investments and loans, FDI) on the governance of domestic …
Persistent link: https://www.econbiz.de/10005248244
countries in Africa have achieved in attracting a substantial volume of FDI. Strong leadership, which has helped promote …
Persistent link: https://www.econbiz.de/10005248318
In view of disappointing levels of inward foreign direct investment (FDI), this paper examines capital flows into the … projects, large privatization transactions, and debt/equity swaps to pay for energy supplies. Low FDI inflows despite …
Persistent link: https://www.econbiz.de/10005248333
This report discusses major developments in the Lao People’s Democratic Republic (PDR), and updates the statistical tables on recent economic developments and provides an overview of the real sector. Factors that have limited revenue collections and developments in the monetary and...
Persistent link: https://www.econbiz.de/10005252622
-border component of foreign direct investment (FDI). The extent of financial leverage through local debt is positively related to host …
Persistent link: https://www.econbiz.de/10005263683
(FDI) between 1987 and 1996. In contrast to earlier work, our results suggest that FDI leads to substantial productivity … gains for domestic firms. The size of FDI spillovers is economically important, accounting for about 11 percent of … is weaker than for FDI spillovers. The paper also gives a detailed account of why our study leads to results different …
Persistent link: https://www.econbiz.de/10005263684
This paper examines the importance of agglomeration economies and institutions vis-a-vis initial conditions and factor endowments in explaining the locational choice of foreign investors. Using a unique panel data set for 25 transition economies between 1990 and 1998, we find that the main...
Persistent link: https://www.econbiz.de/10005263716
This paper examines how the macroeconomic effects of capital controls vary depending on which type of international financial transaction they cover. Drawing on Malaysia's experiences in regulating the capital account during the 1990s, it finds, in an error-correction model, that capital...
Persistent link: https://www.econbiz.de/10005263719
of volumes and composition. China's inflows have generally been dominated by foreign direct investment (FDI), a pattern …In this paper, we adopt a cross-country perspective to examine the evolution of capital flows into China, both in terms … globalization. We provide a detailed documentation of the evolution of China's capital controls, a proximate determinant of the …
Persistent link: https://www.econbiz.de/10005263846