scholarly journals MEDIUM-TERM DETERMINANTS OF INTERNATIONAL INVESTMENT POSITIONS: THE ROLE OF STRUCTURAL POLICIES

2012 ◽  
Vol 03 (02) ◽  
pp. 1250012 ◽  
Author(s):  
DAVIDE FURCERI ◽  
STÉPHANIE GUICHARD ◽  
ELENA RUSTICELLI
Keyword(s):  
Emerging Economies ◽  
Capital Flows ◽  
Empirical Investigation ◽  
Foreign Capital ◽  
International Investment ◽  
International Capital ◽  
Structural Policy ◽  
Medium Term ◽  
Regression Techniques

This paper provides an empirical investigation of the medium-term determinants of international investment positions for a large sample of advanced and emerging economies. In addition to the usually considered drivers of foreign assets and liabilities, the analysis focuses on the role of structural policy indicators. Using cross-section and panel regression techniques the results suggest that structural policy settings are important medium-term drivers of capital flows, having a relatively large impact on gross and net foreign capital positions and on their composition. In particular, the results suggest that certain kinds of structural policy reform could help to narrow global imbalances, and to modify the composition of international capital flows towards more stable and productive sources.

scholarly journals How Economic Globalization Changes International Investment Decisions

2019 ◽  
Vol 9 (4) ◽  
pp. 406
Author(s):  
A. G. Pomelnikov
Keyword(s):  
Emerging Economies ◽  
Foreign Investment ◽  
Capital Flows ◽  
Global Economy ◽  
Economic Models ◽  
Economic Globalization ◽  
International Investment ◽  
Productive Capacity ◽  
Medium Term ◽  
Foreign Investments

This paper explains the need and development of new economic models to evaluate the possible outcomes of foreign investment. I consider the importance of foreign investment to emerging economies in a global economy, the effectiveness of traditional economic theory to accurately identify and quantify non-financial factors that affect investment outcomes, and the appearance of new economic models to more accurately reflect the complexity of foreign investment.Following an extensive review of publicly available data, I find that capital flows to emerging economies is less than capital flows from developing countries, thereby producing a net loss of productive capacity. I conclude that, despite the use of new economic models, the level of global foreign investments by investor nations will continue to decline over the medium term due to a rise in anti-trade rules and regulations to retain capital and secure domestic employment within the borders of the industrialized investing nations.

International Capital Flows

2016 ◽  
pp. 261-292
Author(s):  
Moritz Schularick
Keyword(s):  
Nineteenth Century ◽  
Capital Flows ◽  
Economic History ◽  
Capital Mobility ◽  
International Investment ◽  
Economic Effects ◽  
Late Nineteenth Century ◽  
International Capital ◽  
Quantitative Evidence

This chapter tracks the volume and distribution of international investment since the mid-nineteenth century. The first part presents quantitative evidence on the volume of capital flows since the early nineteenth century. The second section focuses on the golden age of global capital mobility and the determinants of capital flows and sovereign risk during the first era of financial globalization in the late nineteenth century The third section deals with the experience of the twentieth century. The last part discusses, from the perspective of economic history, the economic effects of capital flows, in particular the role of capital flows in economic development and the link between capital flows and financial crises.

scholarly journals Conceptualising the Role of International Capital Flows for Housing Markets

2016 ◽  
Vol 51 (3) ◽  
pp. 146-154
Author(s):  
Michael Richter ◽  
Johannes-Gabriel Werner
Keyword(s):  
Capital Flows ◽  
Housing Markets ◽  
International Capital Flows ◽  
International Capital

Legal Professionals and Development Strategies: Corporate Lawyers and the Construction of the Telecoms Sector in Brazil (1980s–2010s)

2018 ◽  
Vol 43 (03) ◽  
pp. 915-943 ◽  
Author(s):  
Fabio de Sá e Silva ◽  
David M. Trubek
Keyword(s):  
Emerging Economies ◽  
Foreign Capital ◽  
Capitalist Development ◽  
Legal Professionals ◽  
Global Restructuring ◽  
Sequence Of Events ◽  
History Of ◽  
State Activism ◽  
Corporate Lawyers

This study explores the role of corporate lawyers in the construction and operation of a key area of the Brazilian economy over a thirty-year period. It looks at three periods in the history of the Brazilian telecoms sector: the fall of state monopoly; global restructuring, neoliberalism, and privatization; and the recent resurgence of state activism. In the first two periods, lawyers worked to facilitate privatization and to create a lightly regulated market for telecoms services that attracted foreign capital. Things changed, however, when the industry was faced with new industrial and social policies. In this period, lawyers oscillated between resisting government intrusion and negotiating engagement with regulators. This sequence of events encompasses changes in the field of state power, hierarchies in the legal profession, and core-periphery relations, which invite new syntheses of existing theoretical traditions about law, lawyers, and capitalist development in emerging economies.

scholarly journals Indian Stance on the Territorial Dispute over Sir Creek in the Context of India-Pakistan Relations

2021 ◽  
Author(s):  
G. Makarevich
Keyword(s):  
Emerging Economies ◽  
Legal Aspects ◽  
Negotiation Process ◽  
Territorial Dispute ◽  
Medium Term ◽  
Economic Significance ◽  
Indus Delta ◽  
Historical Methods ◽  
Neighboring Area

The author analyses in depth the long-lasting territorial dispute between India and Pakistan over Sir Creek situated in the Indus Delta and the neighboring area. This area is of great importance for the economy and security of the two nations. The article encompasses an overview of the historic background of the dispute and highlights both Indian and Pakistani positions during the negotiation process. The author looks at the legal aspects of the territorial dispute, including an overview of international rules relevant to regulating the dispute. The paper highlights the economic significance of the area from different perspectives including the importance of fishing for local populations as well as energy security, crucial for such emerging economies as India and Pakistan. The significance of the area in terms of defense and security, especially in the context of combating terrorism is also considered. The author argues that the territorial dispute is not likely to be resolved in the short or medium term. Both India and Pakistan will continue to refer to the international rules that are consistent with their stances in the dispute, and the situation in the region is likely to become more and more explosive. The author uses historical methods to compare the positions of India and Pakistan over time and to scrutinize the role of the territorial dispute in the Indo-Pakistani relation, analyses and interprets official statements concerning the territorial dispute and applies statistical methods to assess the economic potential of the disputed area.

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