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People passionately disagree about the nature of the globalization process. The failure of both the 1999 and 2003 World … commitments from developed countries. Challenges to Globalization evaluates the arguments of pro-globalists and anti …-globalists regarding issues such as globalization's relationship to democracy, its impact on the environment and on labor markets including …
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This paper examines the impact of uncertainty on the profitability of vertical and horizontal foreign direct investment (FDI). Vertical FDI takes place when the multinational fragments the production process internationally, locating each stage of production in the country where it can be done...
Persistent link: https://www.econbiz.de/10013217589
The purpose of this paper is to explore the implications of the deepening presence of multinationals in emerging markets on the cost of macroeconomic volatility there. We find that macroeconomic volatility has a potentially large impact on employment and investment decisions of multinationals...
Persistent link: https://www.econbiz.de/10013243418
The purpose of this paper is to investigate the intertemporal linkages between FDI and disaggregated measures of international trade. We outline a model exemplifying some of these linkages, describe several methods for investigating two-way feedbacks between various categories of trade, and...
Persistent link: https://www.econbiz.de/10013244915