The integration of emerging markets into the global economy is heavily promoted by foreign direct investment (FDI) inflows. Within the factors driving the location of FDI, regional trade agreements (RTAs) become increasingly relevant for emerging markets. We explore the impact of South-South...

We show that traditional gravity variables play a significant role in explaining trade flows related to global value chain participation. We find evidence that cooperation costs - measured by linguistic and geographical proximity - are more relevant for trade that reflects cross-border...

One goal of China's Go Out policy is to create goodwill in countries around the world. At the same time, China's growing economic engagement has provoked much criticism. This paper is the first to study whether these activities change the attitudes of individuals in developing countries towards...

Belt and Road Initiative (BRI) aspects, i.e. open trade (OT), foreign direct investment (FDI), capital formation, and information and communication technology (ICT) exports, are fundamental for any nation’s sustainable Economic Development (ED). The paper seeks to examine the effect of those...

This paper explores the dynamic relationships between foreign direct investment (FDI), international trade, and economic development. First, emphasizing the pivotal role of multinational enterprises (MNEs) - particularly in the context of Global Value Chains (GVCs) - it underscores how FDI and...