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regime increases worldwide FDI and raises the world interest rate. Distinguishing three groups of countries, we show that …
Persistent link: https://www.econbiz.de/10012754890
investments (FDI), and hence, on the amount of FDI that it receives. My research is motivated by insights from signaling theory …
Persistent link: https://www.econbiz.de/10014111408
International investment law is undergoing a time of reflection, review and revision. Increasing dissatisfaction with the functioning of the current system that governs the protection of international investment and the wish to ensure that investment is channelled towards sustainable development...
Persistent link: https://www.econbiz.de/10012855101
The rapid rise in global fragmentation - foreign investment, global supply chains, and 'production sharing' - is fundamentally reshaping the multilateral trading system. This paper uses a simple economic modeling framework to understand how the global fragmentation phenomenon may reshape the...
Persistent link: https://www.econbiz.de/10010240627
the World Bank (WB). Finally, we find evidence of synchronization between MDBs and IMF during fiscal crises. …
Persistent link: https://www.econbiz.de/10011959415
Fiscal policy and net capital inflows in developing countries are procyclical. A large amount of literature has examined this phenomenon and explored its consequences for aggregate fluctuations. Multilateral development banks (MDBs) are an important source of external finance for governments and...
Persistent link: https://www.econbiz.de/10012238386
In this paper we investigate the impact of regional trade agreements (RTAs) and bilateral investment treaties (BITs) on intra-regional foreign direct investment (FDI) across Latin American countries from 1995 to 2012. We use an augmented gravity model in which we control for cross-country...
Persistent link: https://www.econbiz.de/10012931765
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