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Foreign direct investment (FDI) inflows to the Baltic countries were driven by different factors. Initially the process … of privatisation and low labour costs attracted investment into public utilities and manufacturing. Later, taking … the new millennium, the bulk of foreign investment was channelled to financial services. In line with FDI literature, the …
Persistent link: https://www.econbiz.de/10009641058
Foreign direct investment (FDI) inflows into Central and Eastern Europe declined from a record $31 billion in 2002 to a … World Investment Report 2004: The Shift Towards Services. Despite the decline in 2003, the report predicts that the medium …
Persistent link: https://www.econbiz.de/10009636772
economies. The acceleration of growth immediately after liberalisation is found to be often driven by an investment boom and a …
Persistent link: https://www.econbiz.de/10009639402
The impact of currency collapses (i.e. large nominal depreciations or devaluations) on real output remains unsettled in the empirical macroeconomic literature. This paper provides new empirical evidence on this relationship using a dataset for 108 emerging and developing economies for the period...
Persistent link: https://www.econbiz.de/10009640314
In this paper we assess to what extent in the existence of a financial crisis, government spending can contribute to mitigate economic downturns in the short run and whether such impact differs in crisis and non crisis times. We use panel analysis for a set of OECD and non-OECD countries for the...
Persistent link: https://www.econbiz.de/10009640323
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