It has been argued for decades that long term foreign assistance is unfavorable for the development of the recipient nation. However‚ there are some countries that have shown positive effects of foreign aid. India can be regarded as this type of country. According to Global Issues Journal (2011)‚ India is one of the biggest recipients of long-term foreign aid in the world and mainly supported by donors‚ such as the United States of America and the United Kingdom‚ and international organizations‚
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Foreign Direct Investment in Services and Manufacturing Productivity: Evidence for Chile Ana M. Fernandes a The World Bank Caroline Paunov b OECD March 2011 Journal of Development Economics forthcoming Abstract This paper examines the impact of substantial foreign direct investment (FDI) inflows in producer service sectors on the total factor productivity (TFP) of Chilean manufacturing firms. Positive effects are obtained in firm fixed effects instrumental variables regressions and show
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FDI – 2nd Law Assignment Merger Control 15-10-2013 1. EU competition law sometimes has extraterritorial impact. For instance when a company that is situated outside the European Union makes agreements with companies that are situated in the EU. This is found in the cases United Brands Co. v. Commission1 and Europemballage Corp and Continental Can Co. Inc. V. Commission2 United brands is an American company which exports the ‘Chiquita’ bananas
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Globalization Hidden Side of Capitalism Done By: Bahaa Takieddine Lebanese American University Class: English II Section: 11 Outline Claim: Capitalism is leading to some adverse effects on the level of countries equality‚ since it arises to expand the gap between rich & poor and exploiting laborers. I. The gap between rich and poor throughout countries has been a major problem that falls under category of being affected by capitalism. A. Income 1-Reich(2007) argues that
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Impact of Foreign Direct Investment (FDI) in India’s retail sector. ABSTRACT: Retailing in India is one of the pillars of its economy and accounts for about 15 percent of its GDP. Organized retailing is absent in most rural and small towns of India. Supermarkets and similar organized retail stores account for just 4 percent of the market. The main fear of FDI in retail trade is that it will certainly disrupt the livelihood of the poor people engaged in this trade. The opening of big
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1. Introduction From the paragraph‚ we know that Universal Auto is a large multinational corporation headquartered in the United States‚ which is a big market in the world and it is not easy to survive without a well development company. So that‚ the company must has their survival plan to make the company stay in the big market‚ but they need to make some changes to solve their losses problem‚ for example their passenger cars business has had weak operating results for the past several years. Even
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Capitalism: End Of The Slave Trade System or Reevaluated Economic Stimulus. Like many others demoralized cultures during the Atlantic Slave trade period‚ Africans fell victim to the sixteenth century discovery of Columbus’ so called "New World." Europeans used the Atlantic Slave Trade to capitalize on Columbus’ so called "Discovery." For more than three centuries‚ the regions of Africa were in a state of destabilization. More than thirty million Africans were taken out of Africa and put in the
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Introduction Capitalism‚ economic system in which private individuals and business firms carry out production and exchange of goods and services through complex transactions that involve prices and markets. Although it has its origins in antiquity‚ the development of capitalism is a European phenomenon‚ evolved in different stages‚ to be considered established in the second half of the nineteenth century. From Europe‚ specifically from England‚ the capitalist system was extended to the whole world
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economics. The concept of Capitalism has been around for hundreds of years‚ originating in the medieval era. Capitalism is an economic system that deals with the ownership of production companies and selling produced goods for profit. Practicing capitalism focuses more on the business aspect of the economy and actually detriments the strength of the economy. It favors the elite living in the world‚ and most other people cannot utilize capitalism the way the wealthy can. Capitalism shies away from local
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FOREIGN INVESTMENT IN CUBA: THE LIMITS OF COMMERCIAL ENGAGEMENT María C. Werlau Since the collapse of the Soviet Bloc‚ the Cuban government embarked on economic liberalization based on the adoption of capitalist mechanisms which include an opening to foreign investment. This has led to increasing claims abroad that engagement— particularly commercial engagement within the context of constructive engagement1 —is the policy instrument that will lead to economic and political reform and the
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