Political risk insurance is an insurance product sold to firms as a means to protect them against some political risks associated with investing abroad. This paper argues that political risk insurance may in fact be a source of political risk. Looking at cases in the Asia-Pacific region, we...

Abstract We develop a political economy model of trade policy using a sector specific factor model with international capital mobility, looking for the relationship between protection and the composition of foreign capital. As foreign direct investment is remunerated at the marginal productivity...

Abstract The large empirical literature on the relationship between Foreign Direct Investment (FDI) and economic growth has produced mixed results. Despite the ambiguous evidence on the benefits of FDI, investment promotion has become an active area of policy and a growing number of nations are...

Singh’s arguments against the creation of a laissez-faire system governing international flows of foreign direct investment are broadened to recognize the implications for a laissez-faire system of the lesser degree of economic sophistication of host governments in developing countries. Given a...

Various studies in the past have examined the effect of foreign direct investment on economic growth of both developed and developing countries. However, research on the influence of foreign direct investment on an expanded conception of socio-economic progress such as human development is...

It is generally acknowledged that domestic investment boosts economic growth, yet the impact of foreign direct investment (FDI) is not as clear, with some studies suggesting the need for a miniumum threshold level of development in order for FDI to be beneficial. In this paper we conduct an...

The aim of this paper is to explore two apparently unrelated issues – regional trade agreements and the pollution-haven hypothesis. They are linked by the belief that the elimination of trade barriers will further encourage firms already considering a move to countries with weak environmental...

Research has often focused on how foreign direct investment (FDI) transfers technology from developed economies to less developed economies. Most FDI occurs between developed economies, however, and the country receiving the greatest inflow of FDI is the United States. This paper examines...

Zusammenfassung Dieser Beitrag stellt Ergebnisse ökonometrischer Untersuchungen zu den Bestimmungsgründen von verschiedenen Formen internationaler Firmentätigkeit vor. Der verwendete Datensatz wurde 1994/95 im Hannoveraner Firmenpanel bei 849 Betrieben des Verarbeitenden Gewerbes in...

Zusammenfassung In diesem Beitrag wird der Einfluß der Struktur kollektiver Lohnverhandlungen auf ausfließende Direktinvestitionen analysiert. Verwendet werden Daten von 19 OECD-Ländern für die Jahre 1980, 1990 und 1994. Der Zentralisations- und der Koordinationsgrad der Lohnverhandlungen...