Showing 1 - 10 of 211
The local sourcing of intermediate products is one the main channels for foreign direct investment (FDI) spillovers. This paper investigates whether and how participation and positioning in the global value chains (GVCs) of host countries is associated to local sourcing by foreign investors....
Persistent link: https://www.econbiz.de/10012112331
This paper reviews the experiences of a few countries in Sub-Saharan Africa that have succeeded in attracting fairly … countries in Africa have achieved in attracting a substantial volume of FDI. Strong leadership, which has helped promote … democracy and overcome social and political strife, and a firm commitment to economic reform have been important determinants …
Persistent link: https://www.econbiz.de/10014401807
We focus on the management of highly persistent shocks to aid flows, including PRSP-related increases in net inflows, in three “post-stabilization.” African economies with de jure flexible exchange rates. Such shocks have beneficent long-run effects, but when currency substitution is high...
Persistent link: https://www.econbiz.de/10014402006
Africa lags behind other regions in attracting foreign direct investment (FDI). In some circumstances, there are … other regions. Furthermore, since monetary policy can range from very transparent to very opaque, we assess Africa''s track … extent of transparency. Our findings suggest that this is a promising line of inquiry because Africa does stand apart from …
Persistent link: https://www.econbiz.de/10014400064
Luxembourg receives ample investment from multinational corporations, in part due to some attractive features in its international tax rules. Around 95 percent of these foreign investments pass through Luxembourg via companies performing holding and/or intra-group financing activities. While...
Persistent link: https://www.econbiz.de/10012392656
Unilateral adoption of transfer pricing regulations may have a negative impact on real investment by multinational corporations (MNCs). This paper uses a quasi-experimental research design, exploiting unique panel data on domestic and multinational companies in 27 countries during 2006-2014, to...
Persistent link: https://www.econbiz.de/10012252761
Persistent link: https://www.econbiz.de/10012487235
Over the last decade China's investment in Latin America and the Caribbean (LAC) has increased substantially in volume and become more diversified from natural resources to other industries. Using cross-border mergers and acquisitions data, we demonstrate that since mid-2010s China's overseas...
Persistent link: https://www.econbiz.de/10012612332
This study examines the socio-economic impact of special economic zones (SEZs) in Cambodia---a prominent place-based policy established in 2005. The paper employs a database on existing and future SEZs in Cambodia with matched household surveys at the district level and documents stylized facts...
Persistent link: https://www.econbiz.de/10012301938
The pervasive use of tax incentives is costly for the Caribbean countries, yet the benefits seem limited. Better policy coordination at the regional level is needed to help overcome the collective action problems and generate more revenue to support the much-needed infrastructure investment....
Persistent link: https://www.econbiz.de/10012301961