Budget Deficits and Current Account Disequilibrium in Nigeria: An Econometric Investigation (1970-2010) BY Iyeli I. Iyeli‚ (Ph.D)‚ Clement Utting and Jacob O. Owan Department Of Economics University Of Calabar Calabar‚ Nigeria e-mail:reiyeli@yahoo.com; Tel: +2348036558316 Abstract This study on budget deficits and current account disequilibrium in Nigeria seeks to investigate the effects of budget deficits on current account within the time frame of 1970-2010. Data on this
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Chapter 1: Rapid Change of International Business * There is an impact of extensive foreign investments in the United States taking place especially in recent years * Even some of the best known “American” products and brands are now produced by foreign firms * American companies such as Coca-Cola‚ Starbucks‚ McDonalds‚ the Gap and Levi’s are found in Japan‚ Australia‚ Singapore and nearly every European nation * One out of six jobs is tied to international trade and investment
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VOLUME No. 01 (2013)‚ ISSUE No. 01 (SEPTEMBER) A Monthly Double-Blind Peer Reviewed Refereed Open Access International e-Journal - Included in the International Serial Directories. Samia S. I JRBM‚ Vol. 1 (2013)‚ Issue 1 International Journal of Research in Business and Management Full Length Research Paper THE STRATEGIC TRENDS OF CHINESE COMPANIES GOING GLOBAL Samia S. 1 * National University of Modern Languages‚ Pakistan Received: August 03‚ 2013 / Accepted: August 13‚ 2013
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country may be the outcome of combination of strategic‚ behavioural and economic considerations‚ choice of a specific project within a particular product-market posture calls for evaluation of its economic feasibility. For this purpose‚ capital budgeting exercise has to be done. A firm should deploy funds in a project if the marginal revenue obtained there from exceeds the marginal cost. For an MNC‚ capital budgeting involves economic analysis of the firm’s direct investment opportunities. Whatever be
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resulted from the studies segment‚ there is not an exact theory or study can be regarded as guidelines for these internationalizing firms. Overall‚ Michael Porter’s theory on national completive advantage is a better theory to be adopted by the international firms which want to select a better country for new entry. The dominance of Porter’s theory are its comprehensiveness‚ the dynamic Diamond theoretical system and analysis form both inductive and deductive sides. Meanwhile‚ it is at a disadvantage
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Name: Emmanouil Agrafiotis Student ID: 541930 Degree Title: MA Globalization and Corporate Development Course Title: MNEs in a Globalizing World: Economic and Legal Perspectives Course Code: 15PFFC019 Assignment: 2 Course convenor: Dr. Stephanie Blankenburg Course tutor: Mr. Jago Penrose Title: Why do companies engage in Foreign Direct Investment? Word Count: 2‚748 This Essay will analyze three streams of thought concerning the engagement of firms in Foreign
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monopoly. A more intensively-trained workforce and an orientation towards customer responsiveness are required to serve this more differentiated and discerning market‚ and Vietnam’s accommodation providers are increasingly concerned with meeting international standards. Vietnam’s current political transition has influenced the accommodation sector in a number of ways. The open door policy is to a large extent the primary cause of Vietnam’s increasing attractiveness as a leisure and business destination
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most significant issue is the U.S. dollar devaluation in the financial markets. As the foundation of foreign exchange currency and the major currency of the international payments and foreign exchange transactions‚ the U.S. dollar plays a significant role in the international foreign exchange markets. Although it has supremacy in the global economic system‚ it is still badly hit the exchange rate of the U.S. dollar. According to the figure from ‘Exchange Rates UK’ (2011)‚ it shows that ‘US Dollar (USD)’
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selected FDI theory------Dunning ’s eclectic theory (OLI paradigm) Dunning ’s eclectic theory absorbed Hymer ’s theory about the ownership endowment advantages. It can not only explain the different types of direct investment behaviour and other international operation mode‚but also the geographical distribution of enterprise and M&A behaviour in MNEs.It also analyse three main productive incentives:Market-based theory‚Resource-based theory and Efficiency-based theory. However‚these three advantages
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however on the influence of postwar Fordism and the formation of the new world market through deregulation and financial innovation. The importance of these last two factors is now challenged by the enforcement of financial system regulation at the international level (Lane 2012). The process of globalization has remained the same since the 1990s‚ but its dynamics have evolved in time. Harvey’s explanation
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