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We study empirically the impact of social indicators on growth in the context of FDI and trade. In this article, we … argue that the positive growth effects of FDI and trade arise from factors such as knowledge spillovers or technological … upgrading. Therefore, the effect of FDI and trade depends on the structural and sectoral investment composition, which depends …
Persistent link: https://www.econbiz.de/10009370942
This paper discusses some puzzles in the contemporary macroeconomic scene in India, from the perspective of public finance and economic development. These include a fiscal deficit higher than it was during the 1991 crisis, but without a large current account deficit or rise in inflation or...
Persistent link: https://www.econbiz.de/10011520530
growth as it “opens up” is contingent upon its own peculiarities …
Persistent link: https://www.econbiz.de/10008869269
The notion of ‘shared growth’ was introduced by the World Bank in recognition of East Asia’s rapid growth accompanied … (explanation). There is a more essential, underlying region-wide mechanism that simultaneously promotes regionalized growth and … have fortuitously coalesced to engender a considerably favourable condition for Asia’s rapid catch-up growth in which …
Persistent link: https://www.econbiz.de/10010284765
Growth in emerging market economies (EMEs) is set to durably slow from the rates observed over 2010-12 as cyclical … effects fade, potential growth declines and external financing conditions tighten. Large negative current account balances … countries’ growth could be around ⅔ percentage points lower on average, with around ½ percentage point accounted for by trade …
Persistent link: https://www.econbiz.de/10011276844
promote growth. However, debate emerges following several financial crises on whether liberalizing financial markets and …. Is there any linkage between financial openness and economic growth for these seventeen Asian countries? 2. Does any of … have growth effect under certain fundamental or institutional conditions? Our main findings are as follows: 1. By employing …
Persistent link: https://www.econbiz.de/10010462236
China has become one of the leading recipients of foreign direct investment (FDI). Meanwhile, an increasing share of … global FDI is going to many Central and Eastern European countries (CEECs). What is the relationship between the inward FDI … CEECs each exist in its own regional production network, with no linkage between FDI flows into China and into CEECs; (2 …
Persistent link: https://www.econbiz.de/10013122836
China has emerged as one of the world's leading recipients of foreign direct investment (FDI). Meanwhile, the … FDI of China and the CEECs? We conceptualize the relationship according to three alternative paradigms: 1) China and the … CEECs each exist in its own regional production network, with no linkage between FDI flows into China and into CEECs; 2 …
Persistent link: https://www.econbiz.de/10014217286
contracting company to perform the service) or foreign direct investment (FDI, opening an Indian subsidiary and hiring Indian … employees). Modern FDI theories predict that Indian software outsourcing should occur primarily in the form of FDI. Contrary to … the FDI theories, however, many U.S. companies are hiring Indian software contracting companies in order to use the lower …
Persistent link: https://www.econbiz.de/10014057557
The purpose of this paper is to explore, with the use of quantitative methods, the relationship between FDI and social …
Persistent link: https://www.econbiz.de/10010617522