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...

This thesis investigates the role of exchange rate in a small open economy policy framework. Focusing the analysis on the crisis-hit East-Asian countries, the main objective of this thesis is to investigate the necessity of the monetary authority to concern about the exchange rate stability by...

The first chapter analizes conditional assistance programs. They generate conflicting relationships between international financial institutions (IFIs) and member countries. The experience of IFIs with conditionality in the 1990s led them to allow countries more latitude in the design of their...

This dissertation studies the relationship between exchange rate regimes and financing decisions of corporations in small open economies with access to international capital markets.The first essay develops a model of the choice between local and foreign currency debt by capital-constrained...

In this paper, we provide evidence on the nature and the relative importance of domestic and foreign shocks in Slovak economy based on block-restriction vector autoregression model in 1999-2007. We document well-functioning monetary transmission mechanism in Slovakia. Subject to various...

This dissertation contains a series of essays that provide empirical evidence for Australia on some fundamental predictions of real business cycle models and on the convergence and persistence of real interest rates. Chapter 1 provides a brief introduction to the issues examined in each chapter...

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...

Enables teams of engineering, science, and management students to work with the top management of international high-tech start-ups and gain hands-on experience in starting and running a new enterprise outside the United States. Lectures expose students to the issues and policies that affect the...