The theory of internalization currently seems to be generally accepted as a possible explanation of multinational enterprise. The issue of the theory is that a multinational enterprise has developed a firm-specific advantage in its home market, usually in the form of intangible assets, giving...

The paper focuses on selective investment incentives. The main aim is to discuss question how to quantify net fiscal impact properly. As shown, the problem is not trivial - the proper quantification presupposes using of several parameters, accounting of costs in the economic sense of this word...

This study is devoted to analysis of different aspects of world oil market development and its role in further growth of individual national economies, especially in connection with the ever intensifying globalization process. The study shows individual aspects and parts of the oil market, be it...

The article discusses different causes of financial crises and shows that the imputation of reinvested profits of the subsidiaries of foreign firms as a debit item on a host country's balance of payments account tends to overstate the current account deficit and to make the host country seem...

This paper discusses environmental policies in response to foreign direct investment (FDI) in a symmetrie two-country setting, where firms' behavior affects government policy decisions. We show that two alternative equilibria with FDI are possible: (i) one with unilateral FDI, where one firm is...

Trendy v medzinárodnom marketingovom prostredí formujú riadenie medzinárodných podnikateľských aktivít. Tieto trendy sú na druhej strane ovplyvňované všeobecnými trendmi vývoja svetovej ekonomiky. Riadenie medzinárodných podnikateľských aktivít je tak komplexným systémom...

Paper deals with the European Monetary Union from perspective of Post Keynesian school of economic thought. It discusses separately arguments often proposed by mainstream economists. After the brief introduction, which highlights main differences between mainstream and Post Keynesian economic...

The paper deals with some aspects of foreign trade impact of EU's custom union accession of Slovakia. It issues from the Jacob Viner's hypothesis on trade creation and trade diversion, and proves this hypothesis through chosen instrumentarium. Analysis leads to conclusion that due to gradual...

V deväťdesiatych rokoch 20. storočia sa začal v regióne Latinskej Ameriky rozvíjať „nový regionalizmus“, ktorý so sebou priniesol rozšírenie oblastí integrácie z prevažne čisto ekonomických aj na politické, bezpečnostné, sociálne, kultúrne a iné. Ovplyvnil tak...

Regióny Európska únia (EÚ) a ASEAN zohrávajú významnú úlohu v medzinárodných vzťahoch a svetovom obchode. Obe zoskupenia vznikali v odlišnom geografickom, historickom a socio-ekonomickom kontexte. Porovnanie regionálnych integračných procesov ASEAN s integráciou EÚ je možné,...