The aim of this paper is to examine causal effects of outward foreign direct investment activities of corporations that start expanding abroad on a large number of domestic performance indicators. Our results indicate that there is no evidence in our data to show that FDI has statistically...

This paper argues that there are significant potential economic gains to be obtained from an EU-Canada Free Trade Agreement. The evolution of trade between the US and Canada following the signing of CUSFTA in 1989 offers a good illustration of how trade might increase after an EU-Canada FTA, as...

This study evaluates the effects of the current Euro-Mediterranean Free Trade Agreement for the EU and the Mediterranean region, in order to assist policy makers in defining the next steps in the Euro-Mediterranean Road map till 2010 and beyond. It provides quantitative, qualitative and sectoral...

This study evaluates the effects of the current Euro-Mediterranean Free Trade Agreement for the EU and the Mediterranean region, in order to assist policy makers in defining the next steps in the Euro-Mediterranean Road map till 2010 and beyond. It provides quantitative, qualitative and sectoral...

Countries of the Southeast Europe (SEE) region have witnessed significant economic improvement since the beginning of their transition to market economies in the early 1990s. Growth has been particularly strong in the past six years, but still lower than in other fast growing countries in the...

The aim of this paper is to examine causal effects of outward foreign direct investment activities of corporations that start expanding abroad on a large number of domestic performance indicators. Our results indicate that there is no evidence in our data to show that FDI has statistically...

This working paper addresses a number of policy-relevant issues regarding the EU's bilateral investment treaties (BITS), namely, whether the EU's BITs have a significantly positive impact on outflows; and which member states and which BIT partners have had a significant experience after the...

The objective of this paper is to examine the role of geography in explaining the patterns of financial integration among both developed and developing countries. We investigate the determinants of North-North, North-South and South-North bilateral FDI inflows using a modified gravity model. The...

This paper examines the relationship between net private capital inflows and the current account in a set of industrial and developing countries. The first question asks whether the cyclical volatility in current accounts can be explained by the volatility of capital flows. The second question...