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This paper analyzes empirically the relationship between civil wars and international trade. We first show that trade … presence of two effects that trade can have on the risk of civil conflicts: it may act as a deterrent if trade gains are put at … risk during civil wars but it may also act as an insurance if international trade provides a substitute to internal trade …
Persistent link: https://www.econbiz.de/10005124456
From marginal relevance, the trade and business relations between Australia and Latin America have grown during the … partners in Latin America (Argentina, Brazil, Chile and Mexico) experienced the impact of processes of trade liberalisation …
Persistent link: https://www.econbiz.de/10009131009
The debate on trade and growth increasingly focuses on the composition of exports. Exports of more "sophisticated … many countries. This study presents evidence suggesting that attracting inflows of FDI offers potential for upgrading a … sectors treated by investment promotion agencies as priority in their efforts to attract FDI. The sample covers 116 countries …
Persistent link: https://www.econbiz.de/10008557016
-border trade and FDI in the service sectors. We first develop a consistent analytical framework for the application of the gravity … model jointly to services trade and commercial presence (i.e. FDI), using a composite model of delivery that offers testable … policy variables measuring market regulations that may act directly or implicitly as barriers to trade. We find robust …
Persistent link: https://www.econbiz.de/10005136664
reduce the relative prevalence of FDI or foreign outsourcing. The impact on the composition of offshoring depends on whether …
Persistent link: https://www.econbiz.de/10005792310
The response of an economy to a windfall of foreign exchange (be it aid or natural resource revenues) is often constrained by absorptive capacity. We provide a micro-founded analysis of absorption constraints, based on the idea that expanding the economy’s capital stock (in aggregate or...
Persistent link: https://www.econbiz.de/10008683529
Why should multilateral lending exist in a world where private capital markets are well developed and governments have their own bilateral aid programmes? If lending by the World Bank, IMF, and regional development banks has an independent rationale, it must rest on advantages generated by the...
Persistent link: https://www.econbiz.de/10005791490
equity investment (FPEI), and foreign direct investment (FDI). The paper emphasizes the efficiency of non-uniform tax …
Persistent link: https://www.econbiz.de/10005791530
Foreign direct investment (FDI) is observed to be a predominant form of capital flows to low- and middle … stakeholders. We emphasize the crucial role played by FDI in sustaining equity-financed capital investment for economies plagued by …
Persistent link: https://www.econbiz.de/10005124387
that affect conflict, including measures of trade and democracy. …
Persistent link: https://www.econbiz.de/10005061475