Showing 1 - 10 of 79,487
The purpose of the paper is to evaluate the GATS/Telecom Agreement. This is done by looking at the guiding principles for negotiating market access for foreign investors, by comparing the Agreement with the Telecom Agreement under NAFTA and by discussing the merits of the multilateral approach...
Persistent link: https://www.econbiz.de/10010211077
The purpose of the paper is to evaluate the GATS/Telecom Agreement. This is done by looking at the guiding principles for negotiating market access for foreign investors, by comparing the Agreement with the Telecom Agreement under NAFTA and by discussing the merits of the multilateral approach...
Persistent link: https://www.econbiz.de/10010330187
What is the relationship between foreign manufacturing multinational corporations (MNCs) and the expansion of indigenous technological and managerial technological capabilities among Chinese firms? China has been remarkably successful in designing industrial policies, joint venture requirements,...
Persistent link: https://www.econbiz.de/10013126061
Since the early 1990s, foreign direct investment has assumed a leading role in the provision of telecommunications … services in developing countries. Host countries, having perceived telecommunications services as the backbone of a modern … service economy, have deregulated their telecommunications industries and implemented privatization programmes open to foreign …
Persistent link: https://www.econbiz.de/10014051805
While capital flows to emerging markets bring numerous benefits, they are also known to create macroeconomic imbalances (economic overheating, currency overvaluation) and increase financial vulnerabilities (domestic credit growth, bank leverage, foreign currency-denominated lending). But are all...
Persistent link: https://www.econbiz.de/10011522086
Large current account deficits, and the corresponding reliance on capital flows from abroad, can increase a country's vulnerability to periods of heightened risk and uncertainty. This paper develops a framework to evaluate such vulnerabilities. It highlights the central importance of two...
Persistent link: https://www.econbiz.de/10011477292
This paper examines the role of country-specific sources of output and interest rate or exchange rate volatility in driving FDI activities. Building on a dataset with bilateral FDI flows among 24 OECD economies over the period 1985-2007, we find that nominal and real volatility strongly deter...
Persistent link: https://www.econbiz.de/10013130114
The period 1973-2009 marked a nearly 16% annual outflow of foreign investment for the global economy as the policymakers persisted with trade liberalization to attract foreign capital for sustainable economic growth and development. The adverse impact of capital flight due to investment outflows...
Persistent link: https://www.econbiz.de/10013114213
International investment agreements define State commitments on investment protection, but also shed light on how these commitments are to be integrated with other public policy objectives. Investment protection in the context of environmental regulation has been a frequent source of controversy...
Persistent link: https://www.econbiz.de/10013124345
We study the extent to which uncertainty in advanced country macroeconomic policy spills over to emerging markets via portfolio bond and equity flows. We find that increases in US policy uncertainty significantly reduce portfolio bond and equity flows into EMEs. Conversely, increases in EU...
Persistent link: https://www.econbiz.de/10013081171