Die Verhandlungen innerhalb der OECD zu einem multilateralen Abkommen ueber Investitionen (MAI) sind gescheitert. Damit werden Direktinvestitionen gegenwaertig weiterhin durch bilaterale Vertraege und durch einige wenige multilaterale Abkommen geregelt. In Zukunft ist jedoch weiterhin damit zu...

The paper shows how a tax holiday may signal to a skepticalcapital market that the future level of taxation will be moderate.After the signal has informed investors that the host countrygovernment is a low-spender, the tax profile flattens out, correspondingto a tax reform stage. Contrary to the...

On the base of significant fluctuations of the international financial markets, the international investment position of Romania has an increasing importance in assuring the financial stability. The Romanian National Bank reserves are increasing as a result of exchanging the minimum reserves...

What are the trends in the global competitiveness of the Indian pharmaceutical industry? Where does this industry stand when compared to global peers on pharmaceutical value-added, productivity, research and development and trade performance? What are the new strategies that Indian...

Very recently overseas acquisition and outward greenfield foreign investment have emerged as the two important modes of internationalization of the Indian pharmaceutical enterprises. This study examines the relative strengths and weaknesses of these strategies so as to suggest which between the...

The focus of this paper is on the evolution of international production by Japanese electronics firms. In the first two parts, I trace the development of Japanese production networks in Asia through three different periods. Each of these periods reflects fundamentally different strategic...

L'environnement et l'entreprise entretiennent des rapports étroits qui peuvent concerner l'homme au travail et plus précisément sa santé. L'environnement est un concept public supervisé par l'Etat dans un souci de respect de l'intérêt général au travers de droit de l'environnement ; la...

China has been developing at an amazing speed since it carried out reform and open-door policy in 1978. Construction industry is playing a leading role in the rapid Chinese economic development. At the same time, China has also worked hard to encourage overseas investors to expand their...

This paper examines two broad issues related to foreign investment by Swedish multinational corporations (MNCs): first, the effects of outward foreign direct investment on domestic investment, exports and employment, and second, the effects on the domestic economy from the increasing division of...