Current Search:  trade agreements (x)

View All Items

  • CSV Spreadsheet
(1 - 2 of 2)
THE COLONIAL LEGACIES OF TRADE AGREEMENTS WITH THE EUROPEAN UNION
Title
THE COLONIAL LEGACIES OF TRADE AGREEMENTS WITH THE EUROPEAN UNION.
Creator
Warshofsky, Mia R, Dolan, Thomas, University of Central Florida
Abstract / Description
As European colonialism was the dominant system of long-distance governance and resource appropriation for centuries, its economic legacies are diverse albeit understated. The existing research looks mainly at the effects of colonialism on a former colony's internal development. This study broadens that scope, looking at which factors are correlated with the presence or absence of a trade agreement with the European Union as well as the number of restrictions to free trade within them. This...
Show moreAs European colonialism was the dominant system of long-distance governance and resource appropriation for centuries, its economic legacies are diverse albeit understated. The existing research looks mainly at the effects of colonialism on a former colony's internal development. This study broadens that scope, looking at which factors are correlated with the presence or absence of a trade agreement with the European Union as well as the number of restrictions to free trade within them. This was carried out through four large-n regressions. The first compared current former- and non-colony trading partners. The second narrowed the scope by comparing only former colonies. The third measured the number of restrictions among all current European Union trade agreements. The fourth measured trade restrictions among former colonies. The results are that various identity, developmental and intuitional variables are correlated with the existence of trade deals and the number of restrictions they contain.
Show less
Date Issued
2017
Identifier
CFH2000185, ucf:46014
Format
Document (PDF)
PURL
http://purl.flvc.org/ucf/fd/CFH2000185
Commitment and Credibility in FDI
Title
Commitment and Credibility in FDI.
Creator
Sullivan, Kathleen, Hamann, Kerstin, Edwards, Barry, Boutton, Andrew, University of Central Florida
Abstract / Description
How can firms in foreign direct investment (FDI) best protect their assets from host government contract beach? FDI is the largest and most stable form of external financing to less developed countries (LDCs). It increases job growth, technological development, and efficiency in the host country, subsequently increasing economic development. Companies prefer to invest in countries that are less prone to contract breach. I propose that credibility of commitments can help explain variation in...
Show moreHow can firms in foreign direct investment (FDI) best protect their assets from host government contract beach? FDI is the largest and most stable form of external financing to less developed countries (LDCs). It increases job growth, technological development, and efficiency in the host country, subsequently increasing economic development. Companies prefer to invest in countries that are less prone to contract breach. I propose that credibility of commitments can help explain variation in contract breach. I propose that firms are most likely to avoid contract breach when they are involved in supply chains and when the host country has a preferential trade agreement (PTA).I measure this relationship using a difference of means test and logistic regression. Using data from 1992-2008 from the International Centre for Settlement of Investment Disputes (ICSID), I find that on average, the least amount of cases filed involved supply chains and PTAs. Only 4% of cases involved supply chains and PTAs, suggesting a protective force in FDI. The interaction between supply chains and PTAs has a significantly positive effect on investors winning their cases in the ICSID. My results suggest that in the event of a contract breach, my interaction variable of membership in supply chains and PTA's help investors protect their assets. The implications of these findings are twofold. To safeguard their FDI, firms can ensure better protection from contract breach through supply chains. Furthermore, host countries can attract more FDI from PTAs. For future research, I suggest case study analysis as well as interviews with representatives from foreign firms that have dealt with contract breach.
Show less
Date Issued
2019
Identifier
CFE0007866, ucf:52795
Format
Document (PDF)
PURL
http://purl.flvc.org/ucf/fd/CFE0007866