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Mercosur countries have witnessed a boom of foreign direct investment (FDI) inflows since the early 1990s. However, regional integration, viewed in isolation, was not sufficient for the subregion to regain its attractiveness to FDI. FDI growth in individual Mercosur countries was closely related...
Persistent link: https://www.econbiz.de/10011490923
While international trade can offer gains from specialization and access to a wider range of products, it is also closely interlinked with global environmental problems, above all, anthropogenic climate change. This survey provides a structured overview of the economic literature on the...
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There is a startling gap between, allegedly, globalization-induced changes in international competition for foreign … its relevance well before globalization became a hotly debated issue. …
Persistent link: https://www.econbiz.de/10011490677
Using panel data for 143 countries over the period 1973-2002, this paper empirically analyzes the influence of US aid on voting patterns in the UN General Assembly. We use disaggregated aid data to account for the fact that various forms of aid may differ in their ability to induce political...
Persistent link: https://www.econbiz.de/10003313895
It is widely believed that the Millennium Challenge Corporation (MCC) has grossly fallen short of high expectations raised by the Bush administration in 2002. From the perspective of potential recipient countries, the crucial issue is whether the MCC increased the overall pool of aid resources...
Persistent link: https://www.econbiz.de/10003948581
The policy instruments for emissions reductions will be an integral part of a Post Kyoto Climate Regime. In this paper we compare a harmonized international carbon tax to a cap and trade system with different allocation rules for the emission caps. The caps are based either on the requirement...
Persistent link: https://www.econbiz.de/10003550445
empirical research on aid allocation by employing Poisson estimations on the determinants of the World Bank’s choice of project … locations at the district level in India. The evidence of needs-based location choices is very weak, even though World Bank … or district level. However, the World Bank prefers districts where foreign direct investors may benefit from projects …
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