Since 1990s a large number of Indian firms emerged as multinational corporations with ever increasing outflows of foreign direct investment (FDI). The present paper examines how these emerging multinationals have affected the exports from the home country. The findings from this study suggest...

The recent commodity boom was the longest and broadest of the post-World War II period. Although most prices have declined sharply since their mid-2008 peak, they are still considerably higher than 2003, the beginning of the boom. Apart from strong and sustained economic growth, the recent boom...

In this paper we investigate whether inequality in the inter-industry wage premia may be explained by unobserved differences in workers’ educational skills. We use the 2007 EU-SILC data set for Portugal, a nation which can be considered a case-study, due to its high inter-industry wage...

An understanding of the financial and distributional consequences of Social Security reform requires knowledge about the actual life circumstances of participants, including the level and pattern of their lifetime earnings and when they retire. Some analyses of Social Security reform make...

Remittances can potentially help to promote economic development by providing a mechanism to share risks, reduce poverty, and improve equality. However, the overall impacts of remittances are uncertain from the view of economic theory as different mechanisms lead to opposite impacts. Since the...

The paper put his attention on the active economic role of a local institution of Northern Italy against the unemployment and the economic crisis during the 2008. The experience shows the importance of cooperation beetween the municipal Administration, the local unions and the most important...

This discourse offers a solution to The Problem of Sustainable Economic Development on islands. This hypothesis offers a foundational, sub-game solution to The Island Survival Game, a counterintuitive, dominant economic development strategy for ‘islands’ (and relatively insular states). This...

In recent years, the share of elderly in the total population is increasing around the world. Rising proportionally are claims on public pension systems and health care expenditures. This places extra pressure on government budgets. As a result, countries which implement only pay-as-you-go...

It is the government role in providing infra-structure and basic amenities for the public. In Malaysia the Work Ministry is formed to oversee this role. Ensuring effectiveness and efficiency, the Public Service Department must identify competencies require for every position created in the Work...

We analyze the competitive e?ects of backward vertical integration by a partially vertically integrated ?rm that competes with non-integrated ?rms both upstream and downstream. We show that vertical integration is procompetitive under fairly general conditions. It can be anticompetitive only if...