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This paper analyses Belgian fiscal sustainability using both a retrospective and a prospective view. In the retrospective part, empirical tests on Belgian government solvency during the period 1980-2010 are carried out. In the prospective part a scenario analysis of budgetary adjustment in the...
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We provide new insight on international monetary policy cooperation using a two-country model based on Benigno and Benigno (2006). Assuming symmetry, save for the volatility of (markup) shocks, we show that an incentive feasibility problem exists between the policymakers across national borders:...
Persistent link: https://www.econbiz.de/10012995214
The paper aims at studying the potential accommodation of the concept of sustainable development within the regime of international law regulating foreign direct investment (FDI). Reconciliation of international investment law and sustainable development is part of the current awareness of...
Persistent link: https://www.econbiz.de/10014045033
Investment arbitration was originally developed primarily to protect investors from wealthy developed countries against arbitrary expropriations by governments in developing countries. However, over time, it has taken on a very broad dynamic and is nowadays often used to limit regulatory...
Persistent link: https://www.econbiz.de/10012910151
Purpose - The hypothesis of the paper is that domestic value added created by exports in Croatia could be increased by investments in green economy. Methodology - In the developed economies only specific products, processes and functions that outperform emerging economies in Global Value Chains...
Persistent link: https://www.econbiz.de/10011434319
Large-scale agricultural land acquisitions have been covered substantially in recent literature. Despite the wealth of theoretical and empirical studies on this subject, there is no study that has reviewed existing literature in light of concerns over sustainable and equitable management. This...
Persistent link: https://www.econbiz.de/10011409817
Following the successful climate agreement in Paris, global attention shifted quickly to how countries will achieve their nationally determined contributions. To achieve the goals, governments need to make full use of the private sector capacity to unlock much larger flows of private investment...
Persistent link: https://www.econbiz.de/10011902695
India embarked on a path of liberal economic reform in the 1990s after years of nurturing an intensively regulated and controlled economic environment that was loosened slightly in the mid-1980s. The most important and critical segments of this reform were trade and foreign investment. India has...
Persistent link: https://www.econbiz.de/10011904484