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Persistent link: https://www.econbiz.de/10001511918
absorbing much of the world's supply, especially in the late 1980s, and then reverted to its earlier net supplier role. Direct …
Persistent link: https://www.econbiz.de/10012471030
restate bilateral investment positions to better reflect the true financial linkages connecting countries around the world. We … nearly 600 billion dollars, while China's official net creditor position to the rest of the world is overstated by about 50 …
Persistent link: https://www.econbiz.de/10012482036
This report, prepared for the Committee on Economic Statistics of the American Economic Association, examines the state of available data for the study of international trade and foreign direct investment. Data on values of imports and exports of goods are of high quality and coverage, but price...
Persistent link: https://www.econbiz.de/10012462401
As production comes to depend more on intangible productive assets, the location of production by multinational firms becomes increasingly ambiguous. The reason is that, within the firm, these assets have no clear geographical location, but only a nominal location determined by the firm's tax or...
Persistent link: https://www.econbiz.de/10012464523
impact of FDI in promoting the growth of host country exports and linkages to the outside world is clearer. The major role of … transfer of knowledge of world markets and of ways of fitting into worldwide production networks, not visible in standard …
Persistent link: https://www.econbiz.de/10012469414
international capital flows, and the resulting production has increased as a share of world output, but it was still only about 8 … world, accounting for about half of the world's stock in 1960. Since then, other countries have become major direct … investors. The U.S. share is now less than a quarter of the world total and the United States has become a major recipient of …
Persistent link: https://www.econbiz.de/10012470050
In each of three financial and exchange rate crises, Latin America in 1982, Mexico in 1994, and East Asia in 1997, direct investment inflows into the affected countries have behaved differently from other forms of investment, and U.S. manufacturing affiliates have behaved differently from other...
Persistent link: https://www.econbiz.de/10012470645
over the last two decades, but it was still, in 1990, only about 7 percent of world output. The share was higher, at 15 …,' which are about 60 percent of world output. Given all the attention that 'globalization' has received from scholars …
Persistent link: https://www.econbiz.de/10012473482
We document the rise of China in offshore capital markets. Chinese firms use global tax havens to access foreign capital both in equity and bond markets. In the last twenty years, China's presence went from raising a negligible amount of capital in these markets to accounting for more than half...
Persistent link: https://www.econbiz.de/10013537759