We study the behavior of the Real Effective Exchange Rate (REER) of the dirham against the European currencies (Europe … misalignments as the difference between the actual REER and the equilibrium REER (NATREX model). We show that a rise of the … direct investments (FDI) in favor of Morocco. …

specifications, we present a much clearer picture of FDI dispersion and spatial convergence across China by highlighting the … spillover effects of FDI localization in Chinese provinces and regions. Our results are threefold. First, FDI convergence is …The paper investigates the importance of spatial dependences on Foreign Direct Investment (FDI) localization across …

"Economies in Transition and the Variety of Capitalisms: Features, Changes, Convergence" held in Varna, Bulgaria, 10-12 September …

Convergence in per capita income turns on whether technological knowledge spillovers are global or local. Global … spillovers favour convergence, while a geographically limited scope of knowledge diffusion can lead to regional clusters of …

impact on foreign trade and on FDI inflow. Today, there is a strong competition both on the goods market and on the capital … market. As a rule, in countries where the stock of FDI is high, the foreign trade is in expansion and has a high level of … estimated a model to simulate the impact of FDI on GDP growth in the EU. Further, a similar approach permitted us to investigate …