-
This study investigates the long-run relationships between inward FDI and economic outcomes in terms of value added and employment at the level of the US states. JOHANSEN'S (1988) co-integration technique and TODA and YAMAMOTO'S (1995) Granger causality tests are applied to data for the period of 1977 to 2001.We find cointegration as well as two-directional causality between FDI and outcome variables. This holds for both measures of FDI (stocks and employment in foreign affiliates) and independently of whether we consider the states' overall economy or their manufacturing sector. [PUB ABSTRACT]
... than the FDI stocks the US held abroad (UNCTAD 2006, p. 303). US policymakers obviously expect FD...
-
As countries turn more to regionalism as a means of forwarding co-operation on trade rules and other areas of policymaking, governments are increasingly incorporating rules on investment into regional trade agreements (RTAs). The Asia-Pacific region is no exception, with many innovative agreements that include disciplines on investment protection and non-discrimination. We analyse the economic consequences of including investment provisions in trade agreements by creating an index of the extensiveness of investment provisions in RTAs and then using that index in a gravity model framework of trade and investment. The results indicate that investment provisions are positively associated with trade and, to an even greater extent, investment flows. Further, we observe an insignificant effec...
...At the end of 2005, UNCTAD estimates that around 220 RTAs contained investmen...
-
The global financial crisis is not like a tsunami, giant wave sweeping everything in its path, but rather like a series of smaller waves with their impact accumulating over longer periods. Some developing countries will be impacted much more severely than others, but nobody will remain unaffected. The trade and investment impact will accumulate, with reduced remittances and fewer workers migrating. According to the IIF, the level of private capital likely to be invested in developing countries in 2009 will be down by 82%, relative to 2007. Two key variables in the official assistance scenario for developing countries are the flow of overseas development assistance and the availability of International Monetary Fund credits. Despite G-20 measures and fiscal stimulus across a number of ma...
... Conference on Trade and Development (UNCTAD) further estimates that FDI will be down by 10 per...
-
... 2828 Japan -203 124 628 336 466 Source: Unctad Swiss FDI flows abroard, 2001 EU 34% USA 32% Devel...
-
... UNO-Konferenz für Handel und Entwicklung (UNCTAD XI) statt. Im Zentrum stand die Verbesserung der K...
-
... dell'ONU sul commercio e lo sviluppo (UNCTAD XI), incentrata sul miglioramento della coerenza t...