Vor dem Hintergrund der bisherigen theoretischen und empirischen Studien untersucht diese Arbeit vornehmlich die kausale Beziehung zwischen ausländischen Direktinvestitionen (DI) und Wirtschaftswachstum in 6 lateinamerikanischen Ländern.Die wachsenden Zuflüsse ausländischer...

Das Wachstum multinationaler Unternehmen (MNU) wird zunehmend durch Investitionen von Dienstleistungsunternehmen vorangetrieben. Die Produktion von Dienstleistungen unterscheidet sich allerdings in mehreren Aspekten von der Herstellung klassischer Industriegüter. Eine zentrale Eigenschaft ist...

Surveys continue to highlight that most senior business executives aredissatisfied with the value they believe their organizations are deriving frominvestments in information technology. What is often forgotten is that IT initself has no inherent value. This value must be unlocked, and only...

In terms of risk measurement, probability and quantile risk estimation have developed enormously in the past decade, from value-at-risk measures to coherent measures such as expected shortfall. These measures allow an investor to determine their risk profile accounting for losses (quantiles) at...

Development economists generally argue that poor countries at their early stages of development are often faced with limited domestic resources for development, and can therefore borrow from the developed nations to boost their rate of growth and development. This financing gap problem, which is...

The understanding that investments are one of the key factors in the process of reproduction and are also one of the most unstable components of the aggregate demand stipulates the need for effective management of the investment process on the macro as well as micro levels. Investment process...

The understanding that investments are one of the key factors in the process of reproduction and are also one of the most unstable components of the aggregate demand stipulates the need for effective management of the investment process on the macro as well as micro levels. Investment process...

This thesis reviews restructuring efforts of the electricity market in Latin America. The work first examines the drivers that have encouraged Latin American countries to restructure their power markets, going from government-held monopolies to fully privatized systems. Then a general conceptual...

This month, Colombia gained a new energy minister, economist Mauricio Cardenas, but lostlong time National Hydrocarbons Agency (ANH) head, Armando Zamora, amid allegations thatoil royalties had been misused and scholarships had been unfairly given to relatives of topofficials. Zamora has denied...