Many of the lessons from foreign direct investment (FDI) research on manufacturing and extractive resource industries are applicable to FDI research on the financial sector. This paper summarizes the main findings and policy themes of FDI research, with a primary focus on the implications of FDI for host countries, especially emerging market economies. I review evidence of technology transfers,...

In recent years China has faced an increasing trilemma—how to pursue an independent domestic monetary policy and limit exchange rate flexibility, while at the same time facing large and growing international capital flows. This paper analyzes the impact of the trilemma on China’s monetary policy as the country liberalizes its goods and financial markets and integrates with the world economy. It...

In his book The Law of Peoples, John Rawls described an international society inwhich there are enemies and friends seeking their goals by deferent means.Rawls introduced us principles as the fundamental rights of every people. Thepeople who reserve these rights can sustain in the world. Although this theoryis supposed to be part of liberal foreign policy, the peoples Rawls talks aboutare not n...

This study aims to analyze the effect of exports and imports crude oil on foreign exchange reserves in Indonesia from 1996 2018. uses secondary data multiple linear regression data. The results partially show that have a negative significant reserves, Crude positive reserve. Simultaneously, Indonesia. amount influence is 0.7661 or 76.61%, while rest influenced by other variables outside model 2...

In simple one-good international macro models, the presence of non-diversifiable labor income risk means that country portfolios should be heavily biased toward foreign assets. The fact that the opposite pattern of diversification is observed empirically constitutes the international diversification puzzle. We embed a portfolio choice decision in a frictionless two-country, two-good version of ...

Objective: To acquaint the domestic and foreign academic audience with written source on medicine from period of Crimean Khanate, by providing its basic information (essence, content, style). Research materials: Original handwritten Arabic-language text a medical treatise funds Bakhchisarai Historical, Cultural Archaeological Museum-Reserve; data Kadiasker notebook for year 1674–1675 Republican...