Educational investment is the material basis for developing intelligence and educational cause and also an important factor for the development of economic and society.This paper argues that educational investment is ...Educational investment is the material basis for developing intelligence and educational cause and also an important factor for the development of economic and society.This paper argues that educational investment is an important strategy to solve the problem of disadvantaged groups in our country,and hopes that through the analysis of the structure and the trend for educational investment in developed countries,and it can provide reference and valuable suggestions for our country.展开更多
States have signed over 3,000 bilateral investment treaties （BITs）. BITs stipulate the terms and conditions by which foreign investors from one country must be treated in another. A series of empirical studies have ...States have signed over 3,000 bilateral investment treaties （BITs）. BITs stipulate the terms and conditions by which foreign investors from one country must be treated in another. A series of empirical studies have asked the question, do BITs increase foreign direct investment to less developed countries？ This paper reviews the literature. While the studies come to conflicting results, most studies suffer from the same methodological misstep--they fail to account for variation in treaties. The paper concludes that the most productive path forward for future research efforts includes using dyadic research designs that account for variation in BITs.展开更多
This paper applies the Pairwise Panel Granger Causality test to examine the relationship between ICT （information and communication technology） expenditure and the rate of growth of GDP （gross domestic product） pe...This paper applies the Pairwise Panel Granger Causality test to examine the relationship between ICT （information and communication technology） expenditure and the rate of growth of GDP （gross domestic product） per capita. This is accomplished by using cross-country time-series data for a total of 70 developed and developing countries for the period from 2003 to 2008. The study reveals that the existence of causality and its direction differ across different income-group of countries and over the number of lags included. ICT investment expenditure as a percentage of GDP appears to cause the rate of growth of GDP per capita for the high income group and all income groups combined with lags higher than one year. However, for the upper- and lower-middle income groups, the study detects causality in neither direction. Also, when only one lag is included, the study suggests no causality in either direction for any of the income-groups of countries.展开更多
The implementation of China’s open development strategy has unveiled a wave of outward foreign direct investment(OFDI)by Chinese companies,with global implications.Based on panel data from 146 developing countries fr...The implementation of China’s open development strategy has unveiled a wave of outward foreign direct investment(OFDI)by Chinese companies,with global implications.Based on panel data from 146 developing countries from 2003 to 2017,we investigate the growth effects of China’s OFDI.We find that China’s OFDI has promoted significant economic growth in developing countries.Not only could China’s OFDI increase GDP per capita of a country in a short time but raise the country’s long-run equilibrium value as well.In addition,the growth effects of China’s OFDI were more significant for countries with weak governance,rich resource,and modest human capital,and were above the average level for Belt and Road Initiative(BRI)countries,African countries,and in the post-crisis era.Our research helps unravel the global significance of Chinese companies investing overseas and contributes to research on the growth effects of direct investment between developing countries.展开更多
Water use and socio-economic development are interconnected in complex ways.Causalities are not easy to identify but it is evident that a nexus between water use and socio-economic development does exist.Considering t...Water use and socio-economic development are interconnected in complex ways.Causalities are not easy to identify but it is evident that a nexus between water use and socio-economic development does exist.Considering the diversity of national situations relating to these interrelated phenomena,its study should be considered from a global perspective.This article critically reviews the literature and information from official sources on the relevance of water use and circular economy in order to create a global picture,linking water with socio-economic development.Data from 195 countries were analyzed statistically.A factor analysis defined five essential latent dimensions on the nexus between water use and socio-economic development:development and basic services,population and resources,economic volume,health and well-being,and population density.Based on the identified factors,countries were classified into six groups:Global South in difficulty,global semi-periphery,advanced economy,Middle East and other Global South developing economy,global weight,and small highly developed economy.The clustering results clarify connections between water use conditions and socioeconomic development.Understanding the variety of national profiles is helpful to reveal the magnitude and urgency of dealing with the nexus between water use and socio-economic development for many countries.展开更多
As intra-national conflicts replace international wars to be the dominant form of collective political violence,the international dimension of domestic conflict has prompted reflections on the effects of globalization...As intra-national conflicts replace international wars to be the dominant form of collective political violence,the international dimension of domestic conflict has prompted reflections on the effects of globalization and multinational corporations represented by international investment.Theoretically,international investment may trigger or defuse conflicts.Although China is the world’s second largest source of outward foreign direct investment(OFDI),there has been limited empirical literature on how China’s OFDI has influenced domestic conflict in host countries.Based on the OFDI data of 115 developing countries from 2004 to 2016,this paper offers an empirical study on the effects of China’s OFDI on the eruption of domestic conflict in host countries and the underlying mechanisms.Results suggest that China’s OFDI in developing countries has made domestic conflict significantly less likely to erupt in those countries primarily by reducing the unemployment rate.These findings reflect the contribution of China’s investment to the internal stability of host countries.However,problems in the overseas operations of Chinese companies cannot be overlooked.展开更多
Developing countries sometimes request the assistance of intergovernmental organizations to help write new laws, policies, and regulations where they did not exist, to review draft legislation, or to assist in the upd...Developing countries sometimes request the assistance of intergovernmental organizations to help write new laws, policies, and regulations where they did not exist, to review draft legislation, or to assist in the updating and amendment of outdated laws and policies. This paper seeks to examine the extent to which policy advice provided by intergovernmental organizations differs depending upon the provider, and assesses the extent to which developing countries are conscious of those biases when they request technical assistance. Advice on the sensitive topics of intellectual property, investment, and competition that have been provided to policy makers of developing countries by different multilateral agencies is examined. On the supply side, the paper draws upon advisory reports published by the secretariats of international organizations. On the demand side, this review is complemented by a survey of the extent to which those requesting advice in developing countries are conscious of policy bias when they ask for advisory services.展开更多
This research explored the impact of foreign direct investments on the Agricultural sector output with emphasis on exports in Zimbabwe from 2000-2017.The study sought to establish whether agriculture could flourish in...This research explored the impact of foreign direct investments on the Agricultural sector output with emphasis on exports in Zimbabwe from 2000-2017.The study sought to establish whether agriculture could flourish in the absence of foreign direct investments.It was also essential to investigate whether the injection of foreign direct investment into the Agriculture sector had a positive or negative impact on the outputs especially agricultural exports.The research used data drawn from a sample of five agricultural products which are tobacco,cotton lint,raw sugar,soya beans,and macadamia nuts.The Ordinary Least Squares and Unit Root tests were used because they assume that FDI can stimulate growth if it brings increasing returns to production and also in the outputs.The research study was a desktop research which used both qualitative and quantitative methods of collecting data.Data were obtained from Zimbabwe Statistics Agency(ZIMSTATS),foreign direct investment figures,and percentages of agricultural investment to total investments were collected from Zimbabwe Investment Authority(ZIA).Questionnaires were also used to obtain data from both those farmers who received and those who did not receive foreign investments as inputs.The results obtained showed that there was a positive relationship which could also be measured by the growth models employed to establish the growth in increased outputs and exports after injecting FDIs into agriculture.Recommendations were made to both farmers and the Ministry of Agriculture to attract more FDIs into Zimbabwe’s Agriculture sector.展开更多
文摘Educational investment is the material basis for developing intelligence and educational cause and also an important factor for the development of economic and society.This paper argues that educational investment is an important strategy to solve the problem of disadvantaged groups in our country,and hopes that through the analysis of the structure and the trend for educational investment in developed countries,and it can provide reference and valuable suggestions for our country.
文摘States have signed over 3,000 bilateral investment treaties （BITs）. BITs stipulate the terms and conditions by which foreign investors from one country must be treated in another. A series of empirical studies have asked the question, do BITs increase foreign direct investment to less developed countries？ This paper reviews the literature. While the studies come to conflicting results, most studies suffer from the same methodological misstep--they fail to account for variation in treaties. The paper concludes that the most productive path forward for future research efforts includes using dyadic research designs that account for variation in BITs.
文摘This paper applies the Pairwise Panel Granger Causality test to examine the relationship between ICT （information and communication technology） expenditure and the rate of growth of GDP （gross domestic product） per capita. This is accomplished by using cross-country time-series data for a total of 70 developed and developing countries for the period from 2003 to 2008. The study reveals that the existence of causality and its direction differ across different income-group of countries and over the number of lags included. ICT investment expenditure as a percentage of GDP appears to cause the rate of growth of GDP per capita for the high income group and all income groups combined with lags higher than one year. However, for the upper- and lower-middle income groups, the study detects causality in neither direction. Also, when only one lag is included, the study suggests no causality in either direction for any of the income-groups of countries.
基金Key research project of the Shanghai Municipal Education Commission(Grant No.2017-01-07-00-02-E00008).
文摘The implementation of China’s open development strategy has unveiled a wave of outward foreign direct investment(OFDI)by Chinese companies,with global implications.Based on panel data from 146 developing countries from 2003 to 2017,we investigate the growth effects of China’s OFDI.We find that China’s OFDI has promoted significant economic growth in developing countries.Not only could China’s OFDI increase GDP per capita of a country in a short time but raise the country’s long-run equilibrium value as well.In addition,the growth effects of China’s OFDI were more significant for countries with weak governance,rich resource,and modest human capital,and were above the average level for Belt and Road Initiative(BRI)countries,African countries,and in the post-crisis era.Our research helps unravel the global significance of Chinese companies investing overseas and contributes to research on the growth effects of direct investment between developing countries.
基金support from the Fundação para a Ciência e a Tecnologia(FCT)Foundation for Science and Technology(DL57/2016/CP1341/CT0013).
文摘Water use and socio-economic development are interconnected in complex ways.Causalities are not easy to identify but it is evident that a nexus between water use and socio-economic development does exist.Considering the diversity of national situations relating to these interrelated phenomena,its study should be considered from a global perspective.This article critically reviews the literature and information from official sources on the relevance of water use and circular economy in order to create a global picture,linking water with socio-economic development.Data from 195 countries were analyzed statistically.A factor analysis defined five essential latent dimensions on the nexus between water use and socio-economic development:development and basic services,population and resources,economic volume,health and well-being,and population density.Based on the identified factors,countries were classified into six groups:Global South in difficulty,global semi-periphery,advanced economy,Middle East and other Global South developing economy,global weight,and small highly developed economy.The clustering results clarify connections between water use conditions and socioeconomic development.Understanding the variety of national profiles is helpful to reveal the magnitude and urgency of dealing with the nexus between water use and socio-economic development for many countries.
文摘As intra-national conflicts replace international wars to be the dominant form of collective political violence,the international dimension of domestic conflict has prompted reflections on the effects of globalization and multinational corporations represented by international investment.Theoretically,international investment may trigger or defuse conflicts.Although China is the world’s second largest source of outward foreign direct investment(OFDI),there has been limited empirical literature on how China’s OFDI has influenced domestic conflict in host countries.Based on the OFDI data of 115 developing countries from 2004 to 2016,this paper offers an empirical study on the effects of China’s OFDI on the eruption of domestic conflict in host countries and the underlying mechanisms.Results suggest that China’s OFDI in developing countries has made domestic conflict significantly less likely to erupt in those countries primarily by reducing the unemployment rate.These findings reflect the contribution of China’s investment to the internal stability of host countries.However,problems in the overseas operations of Chinese companies cannot be overlooked.
文摘Developing countries sometimes request the assistance of intergovernmental organizations to help write new laws, policies, and regulations where they did not exist, to review draft legislation, or to assist in the updating and amendment of outdated laws and policies. This paper seeks to examine the extent to which policy advice provided by intergovernmental organizations differs depending upon the provider, and assesses the extent to which developing countries are conscious of those biases when they request technical assistance. Advice on the sensitive topics of intellectual property, investment, and competition that have been provided to policy makers of developing countries by different multilateral agencies is examined. On the supply side, the paper draws upon advisory reports published by the secretariats of international organizations. On the demand side, this review is complemented by a survey of the extent to which those requesting advice in developing countries are conscious of policy bias when they ask for advisory services.
文摘This research explored the impact of foreign direct investments on the Agricultural sector output with emphasis on exports in Zimbabwe from 2000-2017.The study sought to establish whether agriculture could flourish in the absence of foreign direct investments.It was also essential to investigate whether the injection of foreign direct investment into the Agriculture sector had a positive or negative impact on the outputs especially agricultural exports.The research used data drawn from a sample of five agricultural products which are tobacco,cotton lint,raw sugar,soya beans,and macadamia nuts.The Ordinary Least Squares and Unit Root tests were used because they assume that FDI can stimulate growth if it brings increasing returns to production and also in the outputs.The research study was a desktop research which used both qualitative and quantitative methods of collecting data.Data were obtained from Zimbabwe Statistics Agency(ZIMSTATS),foreign direct investment figures,and percentages of agricultural investment to total investments were collected from Zimbabwe Investment Authority(ZIA).Questionnaires were also used to obtain data from both those farmers who received and those who did not receive foreign investments as inputs.The results obtained showed that there was a positive relationship which could also be measured by the growth models employed to establish the growth in increased outputs and exports after injecting FDIs into agriculture.Recommendations were made to both farmers and the Ministry of Agriculture to attract more FDIs into Zimbabwe’s Agriculture sector.
