Current Issue : July - September Volume : 2015 Issue Number : 3 Articles : 5 Articles
The changing direction of foreign direct investment towards developing countries has been\nattracting more attention in recent literature. As one possible source of the changing direction\nof FDI, the relationship between FDI inflows and some indicators of business friendliness\n(investment climate) of countries is investigated in this paper. The study covers the years from\n2004 to 2013 and mainly focuses on developing countries. The results show that countries with\nbetter records of doing business tend to receive more FDI inflows. Improvements in the\nselected ease of doing business indicators, such as starting a business, protecting investors, and\neasiness of international trade, have a significant explanatory power in determining higher FDI\nflows to developing countries....
The consumption frequency, the consumer�s income, the specific quality attribute and the consent to\npay Agonlin oil, an oil of high standard made with a traditional knowledge is transferred from\ngeneration to generation in Agonlin region. According to its attributes, this oil has been evaluated\nthrough 400 consumers from 5 different districts or municipalities. The data collected have been\nanalyzed thanks to a descriptive analysis. All in all, 10 attributes have been identified: the flavor, color,\nconsistency, taste, local and natural character, nutritional value, geographical origin, viscosity and\ntexture. The descriptive analysis shows its taste (60%) as being the main attribute of Agonlin oil,\nfollowed by its flavor (51%). The majority of interviewers consume Agonlin oil many times in a week\n(59%). But the oil is consumed by people with low income (40000 to 75000 FCFA). Other consumers\nwith average income agree to value Agonlin oil when it is well manufactured and conserved. This study\nshows that Agonlin oil is a traditional and original product that the consumers agree to value.\nConsequently, Agonlin oil rightly deserves a geographical indication protection....
The underlying study focuses on assessing the real exchange rate in Egypt during the period 1999-\n2012. In particular, the paper estimates the Real Exchange Rate (RER) misalignments in Egypt during\nthe period under investigation. This is implemented through carrying out two main steps: first, the\nobserved real exchange rate is calculated. Then, the Equilibrium Real Exchange Rate (ERER) is\nestimated using three different techniques from the methodology spectrum of the empirical literature.\nThese methodologies are widely used to estimate the ERER in both developing and developed\ncountries alike; namely, the Purchasing Power Parity (PPP) approach; the Fundamental Equilibrium\nExchange Rate (FEER) approach and Edwards Model (1989). Fortunately, the three techniques yield\nconsistent results concerning the undervaluation and overvaluation episodes. Evidently, the REER\nappears to be misaligned during the period 2001-2009: undervalued during 2003-2007, overvalued 2001-\n2002 and 2008-2012. The paper concludes that the Egyptian Pound is recently overvalued; although all\nthe applied approaches indicate different misalignment magnitudes, they all show a growing trend in\nthe relative prices in favor of our trading partners. It is recommended to narrow down these deviations;\nthe REER has to be devaluated by a range of 9 to 13 percent in order for the Egyptian products not to\nlose their competitiveness in the international markets....
This article deals with the importance of environmental\n\nfactors for business strategy. It discusses the potential\n\nbenefits to companies which show concern for the envi?\n\nronment beyond their legal obligations.\n\nThe main contribution of this article is in presentation of\n\nthe results of a questionnaire survey concerning customer\n\nviews on products certified as ââ?¬Ë?environmentally friendlyââ?¬â?¢.\n\nThe knowledge of the respondents concerning individual\n\ninstruments was not great. Most of the respondents were\n\nunwilling to pay more than 20% more for environmentally\n\nfriendly products in comparison with conventional\n\nproducts. Only 38% of the respondents bought environ?\n\nmentally friendly products repeatedly....
There is a dearth of scholarship on the relationship between international trade and health status in countries. This paper contributes\nto filling this gap by proposing a formal analytical framework to study the link between the extent of health issues carved out from\ntrade agreements by negotiating countries and their expenditure on public health.We also examine the role played by the nature of\nthe political and fiscal regime prevalent in the country in the securing of the carve-outs. The model predicts that a higher level of\ncarve-outs ismore likely for countries that have relatively low levels of public health spending and which tend to be more politically\nfree and fiscally liberal.We provide anecdotal evidence that supports our findings....
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