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Motivated by conflicting prior evidence for exchange rate effects on foreign direct investment (FDI), the first chapter …
Persistent link: https://www.econbiz.de/10009447414
misdeeds. This paper examines the impact of foreign direct investment (FDI) on literacy level. It takes two methods, one using …
Persistent link: https://www.econbiz.de/10009468253
growth in a country depends on both its own R&D and foreign R&D. The second chapter examines three channels of international …
Persistent link: https://www.econbiz.de/10009451006
This paper will attempt to provide a comprehensive review and introduce the concept of international financial integration. In addition, it provides a review on the available indicators used as proxies for international financial integration in empirical studies. It also proposes a more detailed...
Persistent link: https://www.econbiz.de/10009481937
domestic assets with portfolios constructed from internationally held assets allowing for foreign exchange adjustments. When … the foreign exchange risk is actively managed, the outcomes from the analysis suggest that the gains from hedging are …
Persistent link: https://www.econbiz.de/10009481992
investment environment has been progressively liberalised beginning with the removal of foreign exchange controls in 1987, and … the movement to a floating exchange rate regime, other milestones included opening up the banking sector to foreign … comprehensive survey of the geographic structure of the foreign portfolios (equity and long-term bonds). The first publication …
Persistent link: https://www.econbiz.de/10009482029
including Australia over the period 1990 to 2003 by analysing data on the level and composition of foreign assets and … portfolio equity. An analysis of the composition of countries holdings of foreign assets and liabilities is important in that a … international investments. The results show that the growth in goods trade and stock market capitalisation are the main determinants …
Persistent link: https://www.econbiz.de/10009482039
The significant economic growth and urbanisation of China in recent years has seen increased importance given to infrastructure development in China; this includes airports, toll roads, communications, ports, power plants and water. The purpose of this paper is to assess the significance and...
Persistent link: https://www.econbiz.de/10009482054
We present a model in which investors observe the same macroeconomic data but have varying levels of information about the parameters that determine the distribution of the expected returns on investment. During a crisis that increases macroeconomic uncertainty and reduces asset prices, the...
Persistent link: https://www.econbiz.de/10009482088
There has been an increase in the degree of international financial integration over the last two decades. Countries are trying to remove the restrictions on cross-border capital movement, deregulate the domestic financial markets and offer competitive investment environment to encourage...
Persistent link: https://www.econbiz.de/10009482107