What do state-owned enterprises (SOEs) do? How do they respond to market incentives? Can we expect substantial efficiency gains from trade liberalization in economies with a strong presence of SOEs? Using a new dataset of Vietnamese firms we document a set of empirical regularities...

Despite a rich literature studying the impact of inequality on policy outcomes, there has been limited effort to bring these insights into the debates about comparative support for government responses to the COVID-19 pandemic. We fill in this gap by analyzing rich survey data from six countries...

Intro -- Contents -- Preface and Acknowledgments -- 1. Introduction: Multinational Corporations and Governments -- 2. Democracy and the Political Risk of Expropriation for International Business -- 3. Institutional Determinants of Foreign Direct Investment in the Developing World -- 4. Partisan...

Despite a rich literature studying the impact of inequality on policy outcomes, there has been limited effort to bring these insights into the debates about comparative support for government responses to the COVID-19 pandemic. We fill in this gap by analyzing rich survey data from six countries...

This second edition of this publication provides an overview of important contemporary issues relating to foreign direct investment (FDI) and multinational enterprises for all those who are interested in this subject, but are not always in a position to follow diverse perspectives and what is...

This paper uses data from the UEFA Champions League (2003-2012) to study the impact of diversity on group performance. Results indicate that more heterogeneous teams outperform less diverse sides; a one-standard deviation increase in cultural diversity (measured by linguistic distance) can...

This paper uses data from the UEFA Champions League tournament between 2003 and 2013 to study the impact of diversity on group performance. We find that more diverse teams outperform less diverse ones. All else equal, a one-standard deviation increase in the average team's linguistic distance...

In late 2008, as financial markets were crashing, the Vale Columbia Center on Sustainable International Investment launched the Columbia FDI Perspectives. The first Perspective, entitled “The FDI recession has begun,” correctly forecast an FDI recession in the following year. From that first...