- Financial globalization and economic development: Toward an institutional foundation
INTRODUCTION There has been an unprecedented proliferation in foreign direct investment and non-foreign direct investment flows in the past two decades.1 Orthodox economists and international financial institutions have argued that developing countries carefully following a proper sequence of internal and external financial liberalization would be able to access these capital ......
- Forty years of UNCTAD research on
FDI.
UNCTAD has established itself as the most authoritative source of data and analysis related to foreign direct investment, development and related policies. This article considers the main contributions UNCTAD has made in this area over the past 40 years, since its inception. Contributions are classified in terms of collection and ......
- Reliant Energy's Clean-Coal Plant
Jim Talley and his crew of more than 300 United Anco scaffolding erectors are hard at work in the hills near Johnstown, Pa. They are one of nearly 15 subcontractors making the construction of a new Reliant Energy Power Station possible. Since the project is on a tight construction schedule, ......
- Power project set for Virginia.
One of the largest producers of energy in the United States, Dominion, has agreed to purchase a power station development project in central Virginia from Tenaska, one of the nation's largest independent power producers. The station will generate about 600 megawatts of electricity when completed. The 35-acre project is part ......
- Economic development in a global context: implications
of the Uruguay Round for federal tax policy.
ENDOGENOUS COMPARATIVE ADVANTAGE AND THE CHALLENGE FOR TAX POLICY International trade and investment can alter fundamentally the impact of tax policy on both efficiency and distribution. Continuing liberalization of trade in goods; liberalization in new sectors, such as services; and the dramatic reduction of barriers to trade and investment in ......
- When It Pays To Be Different
Spurred by factors from skyrocketing oil prices to escalating concerns over climate change and national security, global investors are expected to sink $60 billion in clean energy sources this year, doubling the tally of only two years ago. While still a small proportion of the nearly $600 billion overall energy ......
- Shang-Jin Wei.
Shang-Jin Wei is a Faculty Research Fellow in the NBER's Programs on International Finance and Macroeconomics and on International Trade and Investment. He is also an Associate Professor of Public Policy at Harvard University's Kennedy School of Government and, during 1999-2000, an Advisor at the World Bank. Wei received his ......