This paper discusses environmental policies in response to foreign direct investment (FDI) in a symmetrie two-country setting, where firms' behavior affects government policy decisions. We show that two alternative equilibria with FDI are possible: (i) one with unilateral FDI, where one firm is...

The article discusses different causes of financial crises and shows that the imputation of reinvested profits of the subsidiaries of foreign firms as a debit item on a host country's balance of payments account tends to overstate the current account deficit and to make the host country seem...

Trendy v medzinárodnom marketingovom prostredí formujú riadenie medzinárodných podnikateľských aktivít. Tieto trendy sú na druhej strane ovplyvňované všeobecnými trendmi vývoja svetovej ekonomiky. Riadenie medzinárodných podnikateľských aktivít je tak komplexným systémom...

The theory of internalization currently seems to be generally accepted as a possible explanation of multinational enterprise. The issue of the theory is that a multinational enterprise has developed a firm-specific advantage in its home market, usually in the form of intangible assets, giving...

The paper focuses on selective investment incentives. The main aim is to discuss question how to quantify net fiscal impact properly. As shown, the problem is not trivial - the proper quantification presupposes using of several parameters, accounting of costs in the economic sense of this word...