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The Globalization Paradox Revisited
Schwerhoff, Gregor - 2014
According to the Globalization Paradox, globalization limits the freedom of choice for national governments. Capital mobility in particular induces tax competition, thus putting downward pressure on capital taxes. However, while capital mobility introduces the inefficiency of tax competition, it...
Persistent link: https://www.econbiz.de/10013050479
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Membership has Its Privileges - The Effect of Membership in International Organizations on FDI
Dreher, Axel - 2010
We argue that membership in International Organizations (IOs) is an important determinant of FDI inflows. To the extent that membership restricts a country from pursuing policies that are harmful to investors, it can signal low political risk. Using data over the 1971-2005 period, we find that...
Persistent link: https://www.econbiz.de/10013136347
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The Determinants of Election to the United Nations Security Council
Dreher, Axel; Gould, Matthew; Rablen, Matthew D.; … - 2021
predicts, for instance, World Bank and IMF loans. But who gets elected to the UNSC? Addressing this question empirically is not …
Persistent link: https://www.econbiz.de/10013315879
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The Costs of Favoritism : Is Politically-Driven Aid Less Effective?
Dreher, Axel; Klasen, Stephan; Vreeland, James Raymond; … - 2021
World Bank projects and generally find that projects that are potentially politically motivated – such as those granted to … governments holding a non-permanent seat on the United Nations Security Council or an Executive Directorship at the World Bank … Council members with higher short-term debt, however, a negative quality rating is more likely. So we find evidence that World …
Persistent link: https://www.econbiz.de/10013316223
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Does Membership on the Un Security Council Influence IMF Decisions? Evidence from Panel Data
Dreher, Axel; Sturm, Jan-Egbert; Vreeland, James Raymond - 2021
We investigate whether temporary members of the UN Security Council receive favorable treatment from the IMF, using panel data for 191 countries over the period 1951 to 2004. Our results indicate a robust positive relationship between temporary UN Security Council membership and participation in...
Persistent link: https://www.econbiz.de/10013317395
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The Political Economy of International Organizations
Dreher, Axel - 2016
We review the literature on the political economy of international organizations (IOs). Considering IOs as products of the preferences of various actors rather than monolithic entities we focus on national politicians, international bureaucrats, interest groups, and voters. By looking into the...
Persistent link: https://www.econbiz.de/10012980581
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Overcoming History through International Organizations – Historical Roots of EU Support and Euroscepticism
Gehring, Kai - 2019
There is little causal evidence about deep-rooted sources of support for shifting power from nation-states to international organizations. Focusing on the European Union, this paper develops the hypothesis that citizens appreciate the role of international organizations in constraining member...
Persistent link: https://www.econbiz.de/10012862881
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Does Membership in International Organizations Increase Governments' Credibility? Testing the Effects of Delegating Powers
Dreher, Axel - 2008
This paper analyzes whether nation-state governments can increase their credibility by becoming members of international organizations. Credibility is an important asset because it determines the real interest rate and is expected to have an important impact on investment and growth. It is...
Persistent link: https://www.econbiz.de/10012772030
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Cooperation on Climate-Change Mitigation
Mason, Charles F. - 2016
We model countries' choice of greenhouse gas (GHG) emissions as a dynamic game. Emissions generate immediate benefits to the emitting country but also increase atmospheric GHG concentrations that negatively affect present and future welfare of all countries. Because there are no international...
Persistent link: https://www.econbiz.de/10012998790
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Fiscal Rules, Financial Stability and Optimal Currency Areas
De Grauwe, Paul - 2015
In this paper we suggest that Eurozone countries face a policy trade-off among: 1) a common rule imposing co-movements in fiscal policy; 2) financial stability; and 3) financial integration. We provide empirical evidence documenting the existence of such a trade-off in the period characterized...
Persistent link: https://www.econbiz.de/10013020581