This paper provides a cradle-to-grave model for political union between two unequally endowed states. The main contribution of this paper is to highlight the role of technology gap and unequal distribution of resources in all the above cases.

Foreign direct investment in the service sector has been gaining importance in the past decade as more countries transform themselves into post-industrialised economies. The transition from a centrally planned economy to market-based economy has generated a surge of foreign direct investment...

An important step in the internationalization process of emerging economy firms is the shift from exports to foreign direct investment (FDI). We integrate the resource- and institution-based views to suggest that firms that can use unique institutional advantages are more likely to make this...