Havens as Beneficiaries of a Shadow Financial System -- Chapter 3. World Bank, IMF and WTO as Agents of Financial Imperialism …This book discusses the role played by powerful global institutions such as the IMF, the World Bank, the World Trade …

foreign direct investment (FDI) inflows, political institutions are central to explaining why some countries are more … levels of FDI inflows. Third, the International Monetary Fund, often cited as a catalyst for promoting foreign investment …, actually deters multinationals from investment in countries under IMF programs. Even after controlling for the factors that …

foreign direct investment (FDI) inflows, political institutions are central to explaining why some countries are more … levels of FDI inflows. Third, the International Monetary Fund, often cited as a catalyst for promoting foreign investment …, actually deters multinationals from investment in countries under IMF programs. Even after controlling for the factors that …

taxes impair subsidiary-level investment efficiency. Consistent with internal agency conflicts between the central …-level investment efficiency while reducing the level of investment. Our paper provides timely empirical evidence to inform expectations …

ownership and capital demand adjustment in host countries. The author estimates a dynamic structural model of investment on a …

-tax country induces bunching. Such bunching promotes investment incentives in the low-tax as well as the high-tax country. In … equilibrium, affiliates might over-invest and the bunching-related investment effects generate a tendency for too high profit … investment incentives and transfer pricing induces inefficiently low taxes. …