In this paper, we analyze the differences in the sensibility of the distribution and transportation margin to exchange rate variations among different sectors in several European countries between 1995 and 2007. On the one hand, we provide new evidence that the margin reacts to exchange rate...

L'objectif de notre article est d'étudier l'impact du phénomène assez récent des délocalisations deservices. A partir de l'analyse des données disponibles sur les délocalisations des activités de service,nous proposons une présentation des enjeux de politiques publiques sur cette...

This paper investigates the temporal links between two models of equilibrium exchange rate, namely the behavioral and the fundamental approaches. Our results show that, even though in the long-run they are closely related, important differences are observed for some countries and/or some...

In the context of a wave of retail foreign direct investment and increasing recognition acrossmany disciplines of the profound developmental implications of transnational retail within the globaleconomy, this paper examines the institutional and economic factors determining the performance...

In the context of a wave of retail foreign direct investment and increasing recognition across many disciplines of the profound developmental implications of transnational retail within the global economy, this paper examines the institutional and economic factors determining the performance of...

The current crisis takes place within a long downturn and new debates on the future of growth are emerging. This paper argues that some theoretical insights made by classical economists about the end of economic expansion are relevant for the discussion on the prospects for growth in rich...

This paper presents some stylized facts about the expansion of the Russian metallurgical industry from the early nineties to the aftermath of the global financial crisis of 2008-2009. It retraces the internationalization of these firms and examines the characteristics of this movement in terms...

Based on the empirical study of a key sector of the post-soviet economy, the metallurgy, this article analyses the mecanisms of the structural social shock that Russia has undergone from 1991 to 2002. We will first show that the birth of the capitalist oligarchy finds its origin in the predatory...