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Using the framework of a dynamic intertemporal optimization model of an open economy, it is shown that the long-run investment-saving correlation follows directly from the economy’s dynamic budget constraint and this does not depend on the degree of international capital mobility. Therefore,...
Persistent link: https://www.econbiz.de/10012120466
Emerging and developing states are home to powerful corporations capable of deploying economic activities on a global scale. But such corporations have to date been largely overlooked in the field of business and human rights. Treatment of such corporations has typically been in the context of...
Persistent link: https://www.econbiz.de/10014283117