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The process of globalization encompasses economic and financial integration. Abolition of capital controls and dismantling of barriers of different kinds are important ingredients of the process that will entirely change the exposure of previously sheltered companies to shocks on the global...
Persistent link: https://www.econbiz.de/10010320377
The process of globalization encompasses economic and financial integration. The abolition of capital controls and the dismantling of barriers of different kinds will expose previously sheltered companies to shocks on the global economic arena. Policy-makers in already globalized countries have...
Persistent link: https://www.econbiz.de/10003757004
China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...
Persistent link: https://www.econbiz.de/10010231008
This paper examines the impact of financial sector foreign direct investment (FSFDI) on economic growth by estimating a …
Persistent link: https://www.econbiz.de/10014060105
know how the PRC's foreign direct investment responds to ASEAN's economic performance. This study investigates the causal … relationship between the PRC's foreign direct investment and economic growth among the 10 ASEAN member countries from 1995 to 2013 … techniques for spatial panel estimation. The empirical results reveal that the PRC's direct investment in ASEAN caused economic …
Persistent link: https://www.econbiz.de/10011555422
Do regional identities determine different levels of FDI-induced growth? This paper analyses the impact of FDI on the growth rates of European regions. In so doing, it discusses the role of different components of territorial capital in magnifying or daunting such an impact. The paper starts...
Persistent link: https://www.econbiz.de/10011494937
This paper studies the direct effect of foreign investment on target firm operating performance and growth. Foreign … investment into foreign direct investment and foreign institutional investment reveals that the results are attributable to … institutional investment. The effect is attenuated under weak corporate governance conditions, with foreign investment in business …
Persistent link: https://www.econbiz.de/10013096648
This paper looks at the patterns of causation between income, export, import, and investment growth for 39 developing … trade exposure, growth rates, and investment rates tend to gain in predictive ability from the addition of such a variable …
Persistent link: https://www.econbiz.de/10014161279
scarcity of saving in LATAM, thereby increasing investment and growth. Yet, the data and several case studies suggest that the … saving and investment rates tends to be a time consuming process. This also suggests that greater political instability and … polarization would induce consumers to be more cautious in increasing their saving and investment rates following a reform. Hence …
Persistent link: https://www.econbiz.de/10014067049
This study queries the oil price-exchange rate linkage in Nigeria deploying data at daily frequency spanning January 2, 2009 to September 28, 2010. Two volatility models – the generalised autoregressive conditional heteroscedasticity (GARCH) and exponential GARCH (EGARCH) – were deployed to...
Persistent link: https://www.econbiz.de/10013099897