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have fewer commitments in preferential trade agreements, with larger gaps in areas such as labor and the environment; and …
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For decades, manufacturers around the world have outsourced production to countries with lower labor costs. However …, there is a concern that robotization in high-income countries will challenge this shifting international division of labor … known as the "flying geese" paradigm. Greenfield foreign direct investment decisions constitute a forward-looking indicator …
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Using country-to-country data, this paper documents a set of novel stylized facts about the rise of the South in global finance. The paper assembles comprehensive bilateral data on cross-border bank loans and deposits, portfolio investment in debt and equity, foreign direct investment, and...
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This paper provides insights to inform government efforts to attract and retain foreign direct investment, by analyzing the results of a survey of more than 2,400 affiliates of multinational enterprises across 10 middle-income countries. The paper explores corporate perspectives and...
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