Narrow search
Showing 1 - 10 of 17,734
Cover Image
Growth expectations, capital flows and international risk sharing
Castrén, Olli; Miller, Marcus; Stiegert, Roger - 2003
Over the past decades, cross-border financial flows have increased in importance and have in many occasions exceeded the underlying current account positions. This phenomenon has been accompanied by an increase in the volume of international equity transactions that accentuate the role of...
Persistent link: https://www.econbiz.de/10009635970
Cover Image
Real convergence in Central and Eastern European EU Member States: which role for exchange rate volatility?
Arratibel, Olga; Furceri, Davide; Martin, Reiner - 2008
This paper analyzes the relation between exchange rate volatility and several macroeconomic variables, namely real per capita output growth, the credit cycle, the stock of inward foreign direct investment (FDI) and the current account balance, in the Central and Eastern European EU Member...
Persistent link: https://www.econbiz.de/10011604975
Cover Image
Assessing the Spillover Effects of FDI to the Philippines
Aldaba, Rafaelita M.; Aldaba, Fernando T. - 2010
The experience of the Philippines shows that FDI spillover effects are not automatically generated. Opening up the economy to FDI has contributed to the country's exports of high-technology products and overall economic growth. However, the spillover effects of FDI to domestic firms have...
Persistent link: https://www.econbiz.de/10011421197
Cover Image
An FDI is an FDI is an FDI? The growth effects of greenfield investment and mergers and acquisitions in developing countries
Harms, Philipp; Méon, Pierre-Guillaume - 2011
We explore the effect of foreign direct investment on economic growth in developing countries, distinguishing between mergers and acquisitions ("M&As") and "greenfield" investment. A simple model captures the key difference between the two types of FDI: unlike greenfield investment, M&As partly...
Persistent link: https://www.econbiz.de/10011430093
Cover Image
Determinants of economic growth in BRIC countries
Goel, Rajjev K.; Korhonen, Iikka - 2011
We study economic growth in four emerging economies - Brazil, Russia, India, and China (BRIC). Questions addressed are: (a) How do medium term growth determinants differ from short term determinants? (b) What are differences between growth effects of aggregate versus disaggregated exports? And...
Persistent link: https://www.econbiz.de/10010326923
Cover Image
Investment, institutions, and governance in Asia
de Dios, Emmanuel S.; Ducanes, Geoffrey M. - 2011
We investigate the extent to which the investment slowdown in many Asian countries since the Asian Financial Crisis is attributable to changes in governance institutions. In the process we test the more general hypothesis that different aspects of governance will become relevant constraints to...
Persistent link: https://www.econbiz.de/10010333525
Cover Image
Stimulating investment and growth in the Philippines: The need for first-order market reforms
Desierto, Desiree A.; Ducanes, Geoffrey M. - 2011
We show that the most important barriers to investment and growth in the Philippines are structural and institutional problems that are characteristic of limited access societies, which can be more effectively and efficiently overcome by prioritizing 'first-order' market reforms that increase...
Persistent link: https://www.econbiz.de/10010333534
Cover Image
Ausländische Direktinvestitionen als Wachstumsmotor? - Eine Empirische Analyse am Beispiel Lateinamerikas
Hinrichs, Cord - 2005
kausale Beziehung zwischen ausländischen Direktinvestitionen (DI) und Wirtschaftswachstum in 6 lateinamerikanischen Ländern … aufgeworfen, wie die Interaktion zwischen DI und inländischem Wirtschaftswachstum zu sehen ist. Auch wenn in der theoretischen als … auch empirischen Literatur signifikante Belege für eine Verbindung zwischen DI und Wirtschaftswachstum zu finden sind, so …
Persistent link: https://www.econbiz.de/10009476170
Cover Image
How important are Institutions for Growth in Transition Countries?
Moers, Luc - 1999
Growth empirics with institutional measures is performed for 25 transition countries overthe period 1990-95. Estimation results suggest that (particularly state) institutions aresignificant for growth and, especially, foreign direct investment (FDI), the latter in turnbeing important for the...
Persistent link: https://www.econbiz.de/10010324449
Cover Image
A Chinese renaissance in an unremittingly integrating global economy
Das, Dilip K. - In: CESifo Forum 09 (2008) 1, pp. 39-46
Persistent link: https://www.econbiz.de/10011695891