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Foreign direct investment (FDI) as a driver of growth is important in today´s globalized economy. It is extremely difficult for economies to grow sustainably without economic interactions outside their borders. However, there has been a debate on the impact of FDI inflow on economic expansion....
Persistent link: https://www.econbiz.de/10012388218
Globalization the intensification of international trade and finance linkages underpinned by economic liberalization and technological change presents both challenges and opportunities to Arab countries. After reviewing this region`s disappointing performance in integration and growth, this...
Persistent link: https://www.econbiz.de/10012782169
This paper integrates in a unified and tractable framework some of the key insights of the field of international trade and economic growth. It examines a sequence of theoretical models that share a common description of technology and preferences but differ on their assumptions about trade...
Persistent link: https://www.econbiz.de/10014023765
Europe and Asia followed very different paths to economic integration after 1945. By 2000, an economic union with free … integration agreements were absent from Asia, although countries in East and Southeast Asia were becoming linked in global value …-called WTO+ issues). The outcome will be greater economic integration in Europe and Asia of countries seeking to benefit from …
Persistent link: https://www.econbiz.de/10012137064
many instances, resistance is often to practice more than to principle. Events in Asia and Latin America represent less the … East Asia with unfolding events in Latin America, is to make some judgements about the broader implications for the …
Persistent link: https://www.econbiz.de/10014199455
This chapter provides a broad overview of the upward trends in financial globalization and foreign direct investment and asks whether and how financial globalization is linked with the foreign direct investment decisions of non-financial multinational enterprises. Several potential links and...
Persistent link: https://www.econbiz.de/10011563060
This contribution provides evidence for the hypothesis that trade increases growth through its curbing effect on capital taxes. The analysed mechanism includes two different steps and considers the critical points of both the theoretical and empirical studies in this field. In particular, the...
Persistent link: https://www.econbiz.de/10001772521
The present study examines the relationship between openness (trade-GDP ratio) and growth. Our cross-country and panel regression analysis of World Bank data for 51 less-developed countries (LDCs) during shows that for only 11 rich and highly trade-dependent LDCs a higher real growth is...
Persistent link: https://www.econbiz.de/10012731301
Globalisation, far from meeting esoteric meaning requirements – everybody's welfare –, created the conditions for a stronger and stronger presence of multinational companies, economic giants who did not avoid emerging markets, quite the contrary. The attraction of profit oriented the...
Persistent link: https://www.econbiz.de/10012952099
This chapter provides a broad overview of the upward trends in financial globalization and foreign direct investment and asks whether and how financial globalization is linked with the foreign direct investment decisions of non-financial multinational enterprises. Several potential links and...
Persistent link: https://www.econbiz.de/10012979903