By constructing and estimating a structural arbitrage-free model of demand pressures on US real rates, we find that recent purchases of US government debt securities by the Fed and foreign officials have significantly affected the level and the dynamics of US real rates. In particular, by 2008,...

The member countries of the International Monetary Fund collaborate to try to assure orderly exchange arrangements and promote a stable system of exchange rates, recognizing that the essential purpose of the international monetary system is to facilitate the exchange of goods, services, and...

The cybernetic approach of the national economy system requires an analysis from the systemic point of view of its structure and function, of its interaction with the other systems from our environment, in this way emphasizing the component systems, their functions , as well as the purposes of...

Annual preliminary estimates for 2012 confirm a slowdown in foreign direct investment activity worldwide, after a short period of strong recovery in 2011. FDI outflows have increased by more than 10%, compared to growth of 24% in 2010 and remained well below the historical high reached in 2007....

Addressing a gap in most discussions on globalization, Stalker examines how migration interacts with movement of goods and capital and how it is closely tied to social and economic changes. He makes starkly clear the major impact that economic convergence is likely to have on migrant flows and...

Airlines are constrained by the ownership and control rules contained in nearly all bilateral Air Services Agreements. This paper aims to provide details of the ways in which ownership rules around the world have evolved and how governments and carriers have responded to these changes. Some...

The study is based on public information provided by the National Trade Register Office regarding all audited entities within the county of Cluj. In accordance with the legal provisions, the audited entities must notify, in case they meet the legal requirements, if they contract financial audit...

Assesses the effects of foreign direct investment (FDI) in the motor vehicle industry in two areas of Brazil, focusing on the development of regional institutions to support social dialogue. Examines the flow of FDI into the Brazilian motor vehicle industry during the late 1990s, describes the...

This paper analyzes the effects of corporate tax rates and tax treaties on multinationals foreign activity. First, it examines whether host country corporate tax rate and tax treaties influence the probability of a multinational to choose a particular country to locate a new foreign subsidiary....

This study measured the impacts of the industrial characteristics and the fiscal incentives that influenced foreign direct investment. We used the fixed effect model with a 2SLS simultaneous equation for the period of rapid economic growth from 1980 to 1996 across nine industries is Taiwan. We...