Matching Items (5)
Filtering by

Clear all filters

147914-Thumbnail Image.png
Description

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

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.

ContributorsHawks, Noah K (Author) / Gamso, Jonas (Thesis director) / Roy, Nelson (Committee member) / Ault, Joshua (Committee member) / Thunderbird School of Global Management (Contributor, Contributor) / Barrett, The Honors College (Contributor)
Created2021-05
Description

The United States and the Soviet Union faced off in Europe, but what did the spread of their influence look like around the globe? This is answered through researching the economic and political nuances of the Cold War.

ContributorsVallely, Ethan (Author) / Niebuhr, Robert (Thesis director) / Collins, Gregory (Committee member) / Barrett, The Honors College (Contributor) / Department of Finance (Contributor)
Created2023-05
132351-Thumbnail Image.png
Description
Over the past six years, China has embarked on an international economic initiative titled, “The Belt and Road Initiative” in which it finances and constructs multi-billion-dollar infrastructure development projects around the world. Aimed at building out energy and transportation infrastructure, these projects are being undertaken in approximately 68 countries. So

Over the past six years, China has embarked on an international economic initiative titled, “The Belt and Road Initiative” in which it finances and constructs multi-billion-dollar infrastructure development projects around the world. Aimed at building out energy and transportation infrastructure, these projects are being undertaken in approximately 68 countries. So far, China has pledged $1 trillion to the initiative, 95% of which is has come from public sources . However, it is projected that, in order to maintain its current growth, Developing Asia will require an additional $26 trillion in investment by 2030 .

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.
ContributorsTrimmer, Nicholas Stephanos (Author) / Prescott, Edward (Thesis director) / Douglas, Kacey (Committee member) / Department of Management and Entrepreneurship (Contributor) / Department of Economics (Contributor) / Barrett, The Honors College (Contributor)
Created2019-05
131464-Thumbnail Image.png
Description
As the world becomes more globalized and interconnected, foreign investment has become a popular way to enter new markets, to facilitate trade, and to stay competitive. As more and more companies are looking to expand internationally, it is important to understand how economic, political, infrastructural, competence, and socioeconomic factors of

As the world becomes more globalized and interconnected, foreign investment has become a popular way to enter new markets, to facilitate trade, and to stay competitive. As more and more companies are looking to expand internationally, it is important to understand how economic, political, infrastructural, competence, and socioeconomic factors of a region can and should impact these investments and investment decisions. Through a comparative analysis of Taiwan and Hong Kong, this report will demonstrate how these factors can impact an investing company and will offer guidance as companies determine how the structure, history, and resources of a region will impact their foreign investment decisions. Data surrounding these elements is becoming more widely accessible every day. Utilizing this information will help companies stay competitive and prepared as they expand internationally.
ContributorsOlson, Abigail Emma (Author) / Dooley, Kevin (Thesis director) / Collins, Gregory (Committee member) / Dean, W.P. Carey School of Business (Contributor, Contributor) / School of International Letters and Cultures (Contributor, Contributor) / Barrett, The Honors College (Contributor)
Created2020-05
Description

Using panel data for 28 countries, all within the European Union from the period spanning 2012 to 2019, this paper empirically investigates the following question: do the savings or investment rates have an impact on the overall trade balance of each country? If so, how? With three econometric models, it

Using panel data for 28 countries, all within the European Union from the period spanning 2012 to 2019, this paper empirically investigates the following question: do the savings or investment rates have an impact on the overall trade balance of each country? If so, how? With three econometric models, it estimates impacts and variations between all European Union countries, euro countries, and non-euro countries, and evaluates results in the context in which they are measured.

ContributorsBartoszek, Nicole (Author) / Murphy, Alvin (Thesis director) / Bonadurer, Werner (Committee member) / Barrett, The Honors College (Contributor) / Department of Finance (Contributor) / School of International Letters and Cultures (Contributor) / Department of Economics (Contributor)
Created2023-05