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Abstract<br/>Foreign Direct Investment has been pursued to economically integrate countries and to increase economic development. This has been accomplished partly through the WTO and Free Trade Agreements (FTAs), which have spurred foreign direct investment (FDI) by removing barriers to trade tariff and nontariff. In addition, they also created a framework and legal guidelines and regulations for investment and trade. Research suggests that this is the case when looking at country level data before and after FTAs go into effect. Although the existing literature offers important insights a weakness is it does not often look at the relationship between FTAs and FDI by analyzing firm level data. This is an important relationship to be studied as, beyond governments multinational companies (MNCs) are one of few key actors that can benefit the most and have the capabilities to take advantage of these FTAs. Therefore, studying the relationship between MNCs and their investments both before and after an FTA is signed is important to see if FDI would change in response to Free Trade Agreements and have an impact at the MNC level deployment of FDI. This would be significant to see if the current steady for attracting FDI is working. This is also important as FDI helps countries develop. Therefore, it can be seen as an exceptional contribution to the overall research on the subject. In this paper I will explore how companies have reacted to the formation of FTAs as well as the distinct effects of North-South South-South and North-North Agreements on firm’s investment strategies, using firm level data and drawing on interviews with multiple trade officials.
The world has been greatly impacted by the global pandemic. One of the most substantial shifts was within the workplace and the emergence of a virtual working environment. It has been proven that Generation Z is leaning towards a hybrid working environment for their future careers. According to a recent AT&T survey of employees and business leaders at large U.S. companies, about 86% of employees would prefer hybrid work (Kelly, 2022). Companies have not yet considered successful hybrid working set-ups that could benefit their organization. Research is proving that 72% of businesses reported having no hybrid strategy or basic model that is being implemented into the organization. Both companies and individuals agree that a hybrid working model will help court more young talent. This research study explores the new option of creating a basic hybrid working model that can be adopted by any organization for its remote eligible workers. The model brings together the preferences of Generation Z with research on important hybrid working features specified by additional outside research. A survey conducted on people between the ages of 18 to 25 with one hundred seventeen responses found that 70.9% answered that they would prefer a hybrid working environment. The process for this hybrid work format is compared to that of a hybrid car engine (Appendix A). In order to have a successful output, there need to be specific inputs to ensure the model’s functionality. By following and adding to the model, an organization can increase the success of its hybrid working environment for the new generation of workers coming in after experiencing the pandemic. The overall study aims to voice insights on Gen Z’s working preferences and provide a future solution for creating successful hybrid working conditions for organizations with the potential for further research.
The hundreds of projects have been grouped into six maritime and land-based economic corridors that retrace many of the original routes of the Silk Road. Of these corridors, the China-Pakistan Economic Corridor (CPEC) has proven to be one of the most important in China’s quest for Asian economic integration. The CPEC is the BRI’s first major economic corridor and one of the largest, receiving approximately $39 billion in investments to date.
Despite the thousands of articles and research papers that have been written on the topic, there are very few resources that provide a more comprehensive view of the Belt and Road Initiative. Consistent information on BRI projects is difficult to find, as both China and its debtors have been withholding many of the details regarding construction progress and lending activity. As a result, this thesis attempts to reconcile the simultaneous surplus of research with the shortage of conclusive information by framing its analysis in the form of a question about the BRI’s likelihood of success.
This thesis explores the history of the Silk Road, the progress of the Belt and Road Initiative, and the project’s global implications. In order to determine the BRI’s likelihood of success, this thesis identifies the China-Pakistan Economic Corridor (CPEC) as the economic corridor most likely to succeed of the six. It then analyzes the CPEC, determining that, despite the fact that it is the economic corridor most likely to succeed, it likely will not. It then builds upon this to conclude that the BRI, too, is unlikely to succeed.
In addition, this thesis critiques many of the expansionary policies, loose lending practices, and near-term decisions made by Chinese leadership by arguing that the BRI is an initiative for the benefit of China and not its debtors.
