The international transactions accounts provide information on trade in goods and services (including the balance of payments and the balance of trade), investment income, and government and private financial flows. In addition, the accounts measure the value of U.S. international assets and...

The nature and economic role of legally constituted firms varies between market economiesand changes over time. In particular, the governance of leading firms and how they developdistinctive organisational capabilities vary between institutional regimes and their supportingpolitical-economic...

For over a decade, The Wall Street Journal and The Heritage Foundation, Washington's preeminent think tank, have tracked the march of economic freedom around the world with the influential Index of Economic Freedom. Since 1995, the Index has brought Smith's theories about liberty, prosperity and...

In this paper we question the consensus of using a binary crisisdefinition for empirical crisis models. We believe that the most severeshortcomings of the crisis models today are in the crisis definition rather than the explanatory variables ...

The Great War of 1914-18 constituted a major rupture for the economies of Europe in several respects. It marked the end of almost a century of uninterrupted economic growth. It ended a long period of near-universal currency stability, and set in motion a painful process of de-globalisation. It...

In this essay I review Sylvia Nasar’s long awaited new history of economics, Grand Pursuit. Idescribe how the book is an economic history of the period from 1850-1950, withdistinguished economists’ stories inserted in appropriate places. Nasar’s goal is to show howeconomists work, but also...

The paper studies why a corporation hopes to keep technological leadership. The answer is shown by a theoretical model in the perspective of technological transfer. The model consisting of two countries, each of which contains numerous corporations,has pointed out: restrained technological...

(...)The topic was not too narrowly defined: it included organizational virtualness and all the research activities and partical experiences that focus on organizational structure, behaviorial patterns and technological support of virtual organizations, as well as virtual organizations in a...

This paper discusses various ways of measuring corporate internationalisation. The concepts considered here became of crucial importance in the recent debate on globalisation, since many scholars link globalisation to a quantitative increase in the international activities of firms.(...)

In the debate on globalization it is often argued that multinational corporations (MNCs) have gained increasing power due to their growth and due to new global or transnational structures and strategies.(...)