Das Wachstum multinationaler Unternehmen (MNU) wird zunehmend durch Investitionen von Dienstleistungsunternehmen vorangetrieben. Die Produktion von Dienstleistungen unterscheidet sich allerdings in mehreren Aspekten von der Herstellung klassischer Industriegüter. Eine zentrale Eigenschaft ist...

Bank demand guarantees have become an established part of international trade. This financial instruments are often used in trade financing when suppliers, or vendors, are purchasing and selling goods to and from overseas customers with whom they don't have established business relationships....

There is a general recognition that there are deficiencies in the Mundell-Fleming model. Nonetheless, Rose [2000] has stated that Mundell was the first to exposit the Policy Trilemma, which identifies an intrinsic incompatibility among: high capital mobility, fixed exchange rates, and monetary...

Ziel dieser Arbeit ist es, welche konkreten Erwägungen ausländische Investoren, vor allem Versicherungsinvestoren veranlassen, in Vietnam zu investieren, welche wirtschaftlichen, gesellschaftlichen und politischen Rahmenbedingungen sie zu erwarten haben und welche Vorrausetzungen sie für ein...

Vor dem Hintergrund der bisherigen theoretischen und empirischen Studien untersucht diese Arbeit vornehmlich die kausale Beziehung zwischen ausländischen Direktinvestitionen (DI) und Wirtschaftswachstum in 6 lateinamerikanischen Ländern.Die wachsenden Zuflüsse ausländischer...

This thesis develops an equilibrium framework for strategic exercise of geographical market entry option. The theoretical model analyses the impact of asymmetries of the competing firms such as follower entry barrier and asymmetric profitability on the optimal market entry timing and firm...

I. Introduction: This thesis analyzes the impact of reforms in Romania and Croatia on the inflow of Foreign Direct Investment (FDI) by German and Austrian Multinational Corporations (MNCs). The research questions are: (1) What role can public policy play in transition countries in attracting...

We consider a model that provides insight into the well-known Folk theorem in economics that when the discount factor beta is sufficiently close to 1, expropriation will never occur. Although this Folk theorem is true in our model, our perspective is different. The discount factor beta often is...