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reference to China and India, with their very distinctive public policy approaches. Much of the economics literature either does …
Persistent link: https://www.econbiz.de/10010397192
We explore the effect of foreign direct investment on economic growth in developing countries, distinguishing between mergers and acquisitions ("M&As") and "greenfield" investment. A simple model captures the key difference between the two types of FDI: unlike greenfield investment, M&As partly...
Persistent link: https://www.econbiz.de/10011430093
Ever since India decided to globalize, concentrated effort was made to attract Japanese participation through foreign … Japanese companies. The companies that were studied are YKK, Honda Siel Pvt. Ltd, Sona Koyo Steering, Kyocera Wireless India … Ltd, Mitsubishi Chemical Corporation PTA India (MCC PTA), Toyota Kirloskar Motor Ltd, Satake India Engineering Ltd and …
Persistent link: https://www.econbiz.de/10011807649
India's growing economic strength of recent years has seen it adapting its foreign policy to increase its global … vision, most noticeably in Asia, and has broadened the definition of its security interests. As a result, India … global partnership between them.India and Japan share a special relationship as fellow democracies without hegemonic …
Persistent link: https://www.econbiz.de/10011807618
The comparison of the key features of trade integration processes and the economic outcomes in China and India reveals … of public ownership and important regulatory barriers continue to dominate the services sectors. India has gone a long … still persists which likely adds to the hurdles faced by the Indian manufacturing sector. India has revealed a comparative …
Persistent link: https://www.econbiz.de/10011807627
manufacturing sector of China and India. We first provide a comparison between India and China using a broad international … perspective. We find that China has increased its labor productivity to a level above that of India, but due to a somewhat higher … compensation level, China is still somewhat at a disadvantage in terms of unit labor cost in manufacturing relative to India. In …
Persistent link: https://www.econbiz.de/10011807634
Recent economic reforms in Egypt have significantly improved its macroeconomic indicators and financial sector. Banks have witnessed significant merger and acquisition activity as a result of these reforms in attempts to privatize and strengthen the banking sector. This study measures the...
Persistent link: https://www.econbiz.de/10013245488
It has been common to attribute financial crises to short-term capital inflows, while foreign direct investment (FDI) is seen as a safer form of finance. The relationship between crises and the composition of capital flows is particularly relevant at present because the flow of capital to Latin...
Persistent link: https://www.econbiz.de/10010327163
The recent East Asian crisis has highlighted the relationship between financial development and output volatility. In this essay we develop a simple model of a small open economy producing a tradeable good using a non-tradeable input and where firms access to borrowings and investment depends on...
Persistent link: https://www.econbiz.de/10011430002
Does official aid pave the road for private foreign investment or does it suffocate private initiative by diverting resources towards unproductive activities? In this paper we explore this question using data for a large number of developing and emerging economies. Controlling for countries'...
Persistent link: https://www.econbiz.de/10011430042