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Multinational Enterprises (MNEs) play an important role in host countries’ domestic value chains as part of the global activities of these companies in GVCs. MNE affiliates create directly large volumes of output, value added, international trade and jobs, and in addition they generate also...
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than M&A sales. This hypothesis is supported by our empirical results, which show that greenfield FDI enhances growth …
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observations. Our results show that the Covid-19 pandemic will lead to a significant fall in world output that is most likely long …
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