International linkages in the context of global and regional integration -- Trade integration of the Central and Eastern European countries and China : has it reached potential? -- Patterns and determinants of production fragmentation in world manufacturing trade -- Going global : trade,...

This paper studies the effect of foreign direct investment (FDI) on the transmission of international business cycles. I document for the G7 countries between 1991 and 2006 that increases in bilateral FDI linkages are associated with more synchronized investment cycles. I also find that the...