There is a startling gap between current thinking on, allegedly, globalization-induced changes in international competition for foreign direct investment (FDI) and the lack of recent empirical evidence on shifts in the relative importance of traditional and non-traditional determinants of FDI in...

In this paper, we perform a Tobit analysis of aid allocations, covering the period 1999-2002 and accounting for both altruistic and selfish donor motives. We first compare the allocative behavior of all bilateral donors taken together with that of multilateral aid agencies, and then look at nine...

While the EU is a customs union in merchandise trade (goods), it has not yet reached this stage of integration in service trade. Trade policies between individual Member States and non-Member States vary in services. Given the remaining national sovereignties in regulating service trade against...

The rise in foreign direct investment flowing to developing countries has created high expectations that, by drawing on this source of external financing, developing countries could initiate or accelerate processes of economic catching-up to advanced industrialized countries. By contrast, the...

Weltweit bestehen gewaltige Unterschiede im materiellen Wohlstand. In der Erforschung nach den Ursachen dieser Ungleichheit wird auch der Frage nachgegangen, welchen Einfluss Naturkatastrophen auf die Entwicklung armer Länder haben. Sind sie ein Grund für ein anhaltendes schwaches...