The aim of this paper was to review the tectonic changes in the structure of economic linkages in the Eurasian continent. Within the last two decades, the end of the autarky of China and the COMECON bloc led to a dramatic opening to the global economy and to cooperation within the Eurasian...

</titre> Algeria has committed, like other developing countries, a program of reforms to establish a new logic of the market and liberalization in all sectors of activity, in order to improve its attractiveness of foreign and local investors. However, if the various tests for private investment...

We compare the investment technology of foreign versus domestic investors with a focus on decomposing outcomes attributable to asset allocation and security selection. We document significant differences in exposure to systematic asset pricing factors between foreign and domestic investors. A...

In this chapter we explore the popular but controversial idea that developing countries benefit from abandoning policy neutrality vis-a-vis trade, FDI and resource allocation across industries. Are developing countries justified in imposing tariffs, subsidies, and tax breaks that imply...

We examine the role of bilateral political relations in sovereign wealth fund (SWF) investment decisions. Our empirical results suggest that political relations play a role in SWF decision making. Contrary to predictions based on the FDI and political relations literature, we find that relative...

The main aim of this book is to assess the importance of international rules for foreign direct investment and the major challenges to international harmonization of those rules. Particular attention is paid to the most controversial and contentious issues with the view of appraising the...

Asset allocation decisions of international investors are at the core of capital flows. This paper explores the impact of these decisions on long-term government bond yields, using a quarterly investor base dataset for 22 advanced economies over 2004-2012. We find that a one percentage point...

The recent expansion of Chinese economic engagement in Africa is often poorly documented and not well understood. This paper is the second in an IFPRI-sponsored effort to better understand Chinese engagement in Africa’s agricultural sector. A clearer picture of Chinese activities in...