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We analyze how China's emergence as a destination for foreign direct investment is affecting the ability of other … countries to attract FDI. We do so using an approach that accounts for the endogeneity of China's FDI. The impact turns out to … vary by region. China's rapid growth and attractions as a destination for FDI also encourages FDI flows to other Asian …
Persistent link: https://www.econbiz.de/10013222647
We view the political process in China as trading off the social benefits of increased trade and foreign direct … of this model are estimated using province-level data on foreign direct investment and trade flows in China, over the … China may find it politically difficult to follow through with liberalizing its trade and investment regimes, such as under …
Persistent link: https://www.econbiz.de/10013226168
In this paper, we adopt a cross-country perspective to examine the evolution of capital flows into China, both in terms … of volumes and composition. China's inflows have generally been dominated by foreign direct investment (FDI), a pattern … globalization. We provide a detailed documentation of the evolution of China's capital controls, a proximate determinant of the …
Persistent link: https://www.econbiz.de/10013226935
best, particularly in comparison with that of China. Comparing these countries and reviewing the literature, we conclude … gained from trade, and by some measures, more so than China. We sketch out a theory in which developing countries can grow … continuing reforms, Chinese growth is likely to slow down sharply, perhaps leaving China at a level less than Mexico's real GDP …
Persistent link: https://www.econbiz.de/10013135399
Each of the world's largest retailers---Walmart, Carrefour, Tesco, and Metro---entered China after 1995. Their … subsequent expansion in China may have influenced Chinese exports through two channels. First, they may have enhanced bilateral …
Persistent link: https://www.econbiz.de/10013139132
In the 3 years before the 2008 Financial Crisis, GDP growth in sub Saharan Africa (averaged over individual economies) was around 6%, or 2 percentage points above mean growth rates for the preceding 10 years. This period also coincided with significant Chinese FDI flows into these countries,...
Persistent link: https://www.econbiz.de/10013119043
This paper sets out the political economy behind Asian governments' participation in a revived Bretton Woods System. The overriding problem for these governments is to rapidly integrate a large pool of underemployed labor into the industrial sector. The principal constraints are inefficient...
Persistent link: https://www.econbiz.de/10013103790
wisdom, we find that ethnic-Chinese FDI firms in China in fact underperform non-ethnic-Chinese FDI firms. We also find that …
Persistent link: https://www.econbiz.de/10013069399
Despite the recent rapid development and greater openness of China's economy, FDI flows between China and … technologically advanced countries are relatively small in both directions. We assess global capital flows in light of China's quid … model to data. We also find large welfare gains for China--and welfare losses for its FDI partners--from quid pro quo …
Persistent link: https://www.econbiz.de/10013063404
We study the economics of international joint ventures with administrative data for China exploiting the change in … foreign direct investment policy as China entered the WTO in the year 2002. Accounting for a quarter of all international …). As China has dropped joint venture requirements and shifted towards wholly foreign-owned FDI as part of becoming a member …
Persistent link: https://www.econbiz.de/10012922982