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While there is a huge literature on exchange rate systems since the classical gold standard, less research has been devoted to comparisons of the different arguments that guided the choices. While the origin of the international gold standard in the 1870s was a result of silver coins...
Persistent link: https://www.econbiz.de/10012869765
convergence of interests among state actors and non-state actors enhances the effectiveness of the World Trade Organization (WTO … Organization, World Bank and so forth? In general, the research is in a tight manner bound on the criteria and factors of the …
Persistent link: https://www.econbiz.de/10013228531
Persistent link: https://www.econbiz.de/10011743723
We quantify the relationships between deep trade liberalization and foreign direct investment (FDI). To this end, we … to (i) estimate the direct impact of DTAs on FDI, (ii) translate the partial DTA estimates into general equilibrium … effects on FDI; and (iii) obtain partial DTA effects on trade and quantify the impact of DTAs on FDI through trade. We obtain …
Persistent link: https://www.econbiz.de/10013384905
and World Development Indicator, respectively. The major findings that originated from this study are as follows. The lag … as net FDI inflows and trade openness brought about economic growth in the European countries. This shows that the impact …, implementation of the policies that stimulate sporadic inflows of FDI should be embarked upon. Similarly, trade openness of these …
Persistent link: https://www.econbiz.de/10012295812
of foreign direct investment (FDI), considering that the latter is an international technology diffusion channel …. Although FDI appears to be an important channel in the diffusion of technology models theoretically, empirical evidence related … to the effect of FDI on growth is ambiguous. By applying the approach of Ben-David (1996), which focuses on convergence …
Persistent link: https://www.econbiz.de/10010251655
Brexit became an important subject not only for academics but also for international institutions, research centers and consultancy companies, think tanks and independent experts. The aim of this article is to: (1) provide a general approach of the literature; (2) see how the effects of Brexit...
Persistent link: https://www.econbiz.de/10012505368
Persistent link: https://www.econbiz.de/10001295999
exchange rate (REER), on the one hand, and trade openness, trade balance, the terms of trade, factor productivity, and exchange … depreciation of the REER. The other variables considered in the analysis-factor productivity, trade balance, terms of trade, and …
Persistent link: https://www.econbiz.de/10011865211
We examine industrial output in Bulgaria, Hungary, Poland, and Romania during 1989-95 in terms of pretransitional product trade orientation. The growth of EU-oriented output within sectors of industry, ex-post trade, and market liberalization, is modeled as foreign direct investment induced...
Persistent link: https://www.econbiz.de/10012782124