Based on a panel of bilateral FDI flows among 11 OECD countries over 1984–2000, we show that, although agglomeration-related factors are strong determinants of FDI, tax differentials also play a significant role in understanding foreign location decisions. We further investigate...

[eng] The Yuan and the G20 . In this article, authors try to calculate the Yuan’s rise margin and to analyse the impacts of an exchange rate adjustment of Yuan and other Asian currency on the Euro-Dollar’s parity. First, this article describes the origins of the fixed exchange rate in China....

We study whether Central and Eastern European Countries (CEECs) have an incentive to use the euro as a monetary anchor. Adapting a cross-section estimation method initiated by Bayoumi and Eichengreen, we show that, compared to an optimum currency area standard, the CEECs have paid too much...