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The paper presents econometric analysis of relationship between foreign direct investment and international trade. Theory suggests that complementarity or substitutability between exports/imports and FDI depend on types of FDI and disaggregation level. Nevertheless, most empirical works find...
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As the world economy recovered and grew, the price of oil rose markedly, peaking at almost $70 per barrel in 2005 … Settlements estimates $1.3 trillion to OPEC since end-1998). This Occasional Paper examines the major sources and uses of this …
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The quadrupling of the oil price by the OPEC in 1973 was a poignant event in the post-war development of the world …
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