In this paper, I present a theoretical framework designed to explain People's Republic of China (PRC) outward foeign direct investment in the USA and Europe, in search of research and development (R&D) acquisition modeled as positive “spillover effects” in a two-country model with firms...

The Middle East and North Africa (MENA) is a large, complex, and diverse region, which faces a wide range of economic issues. The MENA group includes Algeria, Bahrain, Cyprus, Djibouti, Egypt, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Qatar, Saudi Arabia, Syria, Tunisia,...