Using a small VAR of the current account and investment, we identify two categories of shocks: permanent vs. transitory and country-specific vs. global. Our approach involves only the most minimal identifying assumption. Using data from the G7n countries, we find that the predictions of the...

In article the author covers venture capital investment practice abroad where government is involved and plays an important role. The mechanism of venture capital policy making and the question of venture development in Russia are discovered. Today Russian economy is based on raw materials...

The global financial crisis has led to economic recession in different countries around the world. As the global economic crisis bit harder, multinationals across the world are counting their losses. The multinational companies from Romania have also encountered difficulties in the context of...

In this study, we focus on firms that are listed on foreign exchanges from six countries: France, Germany, Italy, Switzerland, The Netherlands and U.K. to provide some insights into the following questions: (1) what are the major perceived costs and benefits of foreign listing? (2) What are the...

The retreat from economic liberalism between the wars and growing government intervention in domestic and international economic policy widened the scope for business organisations to shape national policy. Although in the early 1920s business had been divided over tariffs, protectionaist...

This paper examines the policies of Australia and Canada towards international reconstruction after World War Two and their economic relations with the UK and the USA.

During the 19th century, European countries not only industrialised heavily but they also traded with each other and with overseas areas in an until hitherto unkown degree. By 1913, a globalised economy has emerged, which -after the draw-back of the two world wars and the disentagration of the...

The paper shows that global pollution need not rise under free trade in goods and/or emissions even in the complete absence of income effects. Differences in environmental concerns across the countries lead to differences in the pollution-intensity of production and thus generate the possibility...