Open Capital Account: Concrete Wealth or Paper Wealth [PDF]
Empirical evidence shows that capital inflows are often used by developing countries to finance excessive consumption. The existing literature explains these phenomena as resulting from institutional imperfections.
Junning Cai, Byron Gangnes
core
Knowledge sourcing, geopolitics, and FDI: An empirical analysis on the US green and digital sectors
Abstract Research Summary This paper examines how foreign direct investment (FDI) shapes firms' sourcing of knowledge in the digital and green domains under rising geopolitical frictions. We assemble a firm–country dyadic panel (2013–2020) linking US patent backward citations to firms' FDI, enriched with bilateral geopolitical distance and host‐country
Alberto Maria Radici
wiley +1 more source
Capital flows to emerging markets: Liberalization, overshooting and volatility (a comment) [PDF]
Comment on: Philiippe Bachetta and Eric Van Wincoop, who in this paper aim is to assess the impact of financial liberalization in emerging markets on the dynamics of capital flows to these countries.
Reinhart, Carmen
core
Rethinking a positive‐sum game: US FDI location decisions in the presence of Chinese FDI
Abstract Research Summary This study examines how rising Chinese outbound foreign direct investment (OFDI) in third‐country markets shapes US MNEs' foreign direct investment location decisions amid escalating US–China geopolitical rivalry. US firms initially benefit from complementary co‐location dynamics, as Chinese OFDI—particularly in infrastructure—
Injae Jeon, Jon Jungbien Moon
wiley +1 more source
Real interest rate differentials and the real exchange rate: Evidence from four African countries [PDF]
During the early 1990s much has been written about the return of foreign private capital to many of the larger Asian and Latin American countries. However, until 1992 there was little evidence that countries in sub-Saharan Africa were participating in ...
Asea, Patrick, Reinhart, Carmen
core
Abstract A key goal of the Capital Markets Union (CMU) Action Plan is to establish a functioning bond market, offering businesses finance options beyond traditional bank loans and creating a stable source of financing for the real economy across the EU.
Maryam Malakotipour
wiley +1 more source
Climate Finance and Youth NEET in Africa: Cross-Country Evidence from 46 Nations. [PDF]
Ko J +7 more
europepmc +1 more source
A Pragmatic Approach to Capital Account Liberalization [PDF]
Cross-country regressions suggest little connection from foreign capital inflows to more rapid economic growth for developing countries and emerging markets. This suggests that the lack of domestic savings is not the primary constraint on growth in these
Prasad, Eswar, Rajan, Raghuram G.
core
The Impact of Economic Growth on Insurance (Growth)
ABSTRACT This paper investigates the impact of economic growth on insurance (growth), focusing on the outflow side of the insurance activity, as captured by benefits (including commissions and expenses). The findings provide evidence that economic growth does exert a positive, statistically significant impact on the benefit side of insurance (growth ...
Nicholas Apergis +2 more
wiley +1 more source
The impact of urban climate governance on FDI: empirical evidence from the construction of climate-adaptive pilot cities. [PDF]
Dong A, Zhang B, Cao L.
europepmc +1 more source

