The relationship between military spending and human rights is one of the most prominent issues in political economy. Yet, the linkage between the two is empirically underdeveloped. Seeking to fulfill this existing gap in the literature, the effects of militarization on human rights performance...

Is there any interrelationship between firm level FDI in the form of cross border Mergers & Acquisitions and capital markets growth and quality? We addressed this question using panel data of cross border M&A for nine emerging economies. Our study period goes from 1987 to 2006. We find that the...

The unprecedented emergence of a country as large as India in the South Asian region raises the issue of how it will affect neighbouring economies in terms of attracting FDI inflows. Do huge FDI inflows of India lead to ‘investment creating effect’ or otherwise for its neighbours?...

A much-debated issue regarding globalization is whether it translates into Free Association and Collective Bargaining (FACB) rights for workers. The author uses Dreher’s (2006) globalization index, which gauges globalization on economic, social, and political dimensions, and...

We empirically assess the determinants of India’s FDI outflows across a large sample of host countries in the 1996–2009 period. Based on gravity model specifications, we employ Poisson pseudo maximum likelihood (PPML) estimators. Major findings include: India’s outward FDI...

It is puzzling that India, which has a large domestic constituency of people suffering from underdevelopment, chronic poverty and mal-governance, is emerging as an important aid donor. With the intension of understanding why poor countries provide foreign aid, this article is the first to...

Do countries compete for FDI by liberalizing policies favoring FDI? Our measure of policies favoring FDI is an event count of changes made by a country in a given year in the arena of approval procedures, sectoral restrictions, operational conditions, incentives, investment guarantees, foreign...

Do countries compete for FDI by liberalizing their FDI policy regimes? Our measure of FDI policy liberalization is an event count of changes made by a country in a given year in the areas of approval procedures, sectoral restrictions, operational conditions, incentives, investment guarantees,...

The large share of politicians facing criminal accusations in India has sparked a public debate and an emerging literature that assesses its causes and effects. We develop a model of the incentives faced by members of parliament when deciding whether to engage in effort for their constituency to...

We empirically assess the determinants of India’s FDI outflows across a large sample of host countries in the 1996-2009 period. Based on gravity model specifications, we employ Poisson pseudo maximum likelihood (PPML) estimators. Major findings include: India’s outward FDI is hardly affected...