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This paper studies the link between foreign direct investment (FDI) and institutional distance. Using a heterogeneous firms framework, we develop a theoretical model to explain how institutional distance influences FDI, and it is shown that institutional distance reduces both the likelihood that...
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This contribution examines the international legal relevance of the recent Crimean referendum, starting from the … territorial referendum is emerging as a procedural conditio sine qua non for any territorial re-apportionment. It concludes that … the referendum was not free and fair, and could not form a basis for the alteration of Crimea’s territorial status …
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