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According to Lall (1997), the FDI are strongly interconnected with a series of variables, such as: economic conditions (markets, natural resources, competitiveness), host country policies (macro policies, private sector, trade and industry, FDI policies), as well as MNE strategy (risk...
Persistent link: https://www.econbiz.de/10009958059
Through flows from 3 states, employment, unemployment and out of the labor force, we analyze the dynamics of labor … participation and consequently, that the explanations of the changes in the unemployment rate could be associated with "added and … discouraged worker effects." -- labor markets ; transition probabilities ; unemployment. …
Persistent link: https://www.econbiz.de/10009959082
A job loss has considerable negative consequences for those hit by unemployment. This is all the more relevant if …
Persistent link: https://www.econbiz.de/10010185901
The purpose of the paper is to analyse how labour market and labour market institutions reacted during recent crises. In early 1990s Estonia introduced a set of rather unique policy options like currency board as a ground for monetary policy, low taxes, open foreign trade policy, low public...
Persistent link: https://www.econbiz.de/10010186097
This study examines the time series behavior of investment in physical capital, human capital (comprising education and health) and output in a co-integration framework, taking growth of primary gross enrolment rate and a dummy for structural adjustment programme (openness which has been...
Persistent link: https://www.econbiz.de/10009958053
In this era of open economy, nations are concerned with increasing the quality of life of their citizens. And, the quality of life mainly comes from the macro-economic prosperity. Thus, fast growth of gross domestic Product has become the most important objective of any economy. There are...
Persistent link: https://www.econbiz.de/10009958076
We develop an endogenous growth model with three goods, exportable, importable and non-tradable. We study the response of the real exchange rate and of the economy growth rate to a decrease in the tariff rate. We show that trade liberalization must be followed by a depreciation of the real...
Persistent link: https://www.econbiz.de/10009959078
Brasilien, Russland, Indien, China und Südafrika - die sogenannten BRICS - weisen im internationalen Vergleich hohe gesamtwirtschaftliche Zuwachsraten auf. Auch während der jüngsten Wirtschaftskrise verzeichneten die meisten BRICS-Staaten noch ein überdurchschnittliches Wachstum. Der...
Persistent link: https://www.econbiz.de/10010079444