Showing 1 - 10 of 481
of 700 firms from four emerging (or newly-emerged) economies: Brazil, India, the Republic of Korea, and South Africa. The …
Persistent link: https://www.econbiz.de/10012901103
This paper discusses the results of a survey of multinational corporations with affiliates in developing countries. The paper explores corporate perspectives and decision making across the stages of the investment cycle: attraction, entry and establishment, operations and expansion, linkages...
Persistent link: https://www.econbiz.de/10012923417
This paper investigates the factors associated with foreign direct investment "surges" and "stops," defined as sharp increases and decreases, respectively, of gross foreign direct investment inflows to the developing world and differentiated based on whether these events are led by waves in...
Persistent link: https://www.econbiz.de/10012973525
Using a comprehensive and proprietary data set on international private equity activity, this paper studies the determinants of buyout investments across 61 countries and 19 industries over 1990-2017. The study finds evidence that macroeconomic conditions, development of stock and credit...
Persistent link: https://www.econbiz.de/10012838894
According to conventional wisdom, capital flows are fickle. Focusing on emerging markets, this paper asks whether this conventional wisdom still holds in the contemporary world. The results show that, despite recent structural and regulatory changes, much of it survives. FDI inflows are more...
Persistent link: https://www.econbiz.de/10012962317
Foreign direct investment may play an important role in transferring technologies from high-income to emerging economies, which can lead to uneven effects on the wages of skilled and unskilled workers. This paper combines project-level data on greenfield foreign direct investment with household...
Persistent link: https://www.econbiz.de/10012909561
Foreign investors are increasingly important participants in the local currency sovereign bond markets of developing countries. This note provides context on the overall growth of local currency sovereign debt markets in emerging markets and the growth of foreign investor participation in these...
Persistent link: https://www.econbiz.de/10012974790
Using a cross-section of more than 25,000 domestic manufacturing firms in 78 low and middle-income countries from the World Bank's Enterprise Surveys, this paper assesses how mediating factors influence intra-industry productivity spillovers to domestic firms from foreign direct investment. It...
Persistent link: https://www.econbiz.de/10012974831
Financial globalization, defined as global linkages through cross-border financial flows, has become increasingly … way it is often measured, it has also led to the misperception that financial globalization in emerging markets has been … growing in recent years. The authors characterize the evolution of financial globalization in emerging markets using …
Persistent link: https://www.econbiz.de/10013068213
This paper computes a new financial globalization index for a large sample of countries for 1992-2016. Unlike other … measures, the financial globalization index corrects for the heteroscedasticity of global volatility. This leads to a downward … adjustment of financial globalization trends for developed, emerging, and frontier markets. The paper also shows that financial …
Persistent link: https://www.econbiz.de/10012954311