This paper investigates the role of the global excess liquidity for macroeconomic variables, especially asset prices and external imbalance in China. We estimate structural VAR model and find evidence that the surge in global liquidity has limited effects on China's price level, output and asset prices. By inspecting the structural decomposition, we find that global output and inflation shocks affect domestic macroeconomic fluctuation. Using sign restrictions, we estimate the impacts of three structural shocks in driving the external imbalance and find that the global excess liquidity is a relevant factor while the shock to financial market may be a more important role in explaining the external imbalance than productivity shock. / Sun, Yun. / Thesis (M.Phil.)--Chinese University of Hong Kong, 2012. / Includes bibliographical references (leaves 57-63). / Electronic reproduction. Hong Kong : Chinese University of Hong Kong, [2012] System requirements: Adobe Acrobat Reader. Available via World Wide Web. / Chapter 1. --- Introduction --- p.1 / Chapter 1.1. --- Introduction --- p.2 / Chapter 1.2. --- Theoretical background --- p.6 / Chapter 2. --- Data and methodology --- p.14 / Chapter 2.1. --- Data description --- p.14 / Chapter 2.2. --- Methodology --- p.16 / Chapter 3. --- Results and Interpretation --- p.21 / Chapter 3.1. --- Domestic SVAR results --- p.21 / Chapter 3.2. --- A global SVAR analysis for China --- p.35 / Chapter 4. --- Three structural shocks and global imbalance --- p.47 / Chapter 4.1. --- Sign restrictions analysis --- p.47 / Chapter 4.2. --- Empirical Evidence --- p.50 / Chapter 5. --- Conclusion --- p.54 / Chapter A. --- Data --- p.64

University of Macau / Faculty of Social Sciences and Humanities / Department of History

The challenge of enhancing competitiveness in a globalizing world is a continuous one, requiring action not only on narrow trade policy concerns but also in a complementary area such as the macro-economic environment to human resource management. The present report offers an overall view of the textile and clothing industries' opportunities and constrains. It proposes liberalization of trade policy with China as well as proper macro-economic environments, regulatory structures support to allow these industries to thrive and be/come robust by building an effective and efficient supply chain. / Thesis (MBA)-University of Natal, 2003.

This paper will show that, despite the need for extension of foreign direct investment in the form of multinational corporations to capital-scarce, less developed countries, political risk creates a gap between the demand and supply of foreign investments. In Chapter II, the patterns of foreign direct investment are analyzed. Chapter III reviews the various sources of political risk and concludes that the existence of political risk is an obstacle to the formation of optimum level investment. Chapter IV discusses the relative positions of the less developed countries and the multinational corporations. Chapter V shows the problems caused by the absence of a universal, regulatory institution. Chapter VI presents case studies of corporations based in Chile, Peru, and Angola. Chapter VII suggests ways that political risk can be minimized.

Mercantile Law / LL. D.

This study examines the role of bilateral investment treaties in securing foreign investment in Ethiopia. Using books, journal articles, and legislation, the study has found that those bilateral investment treaties have a role in securing international investments for Ethiopia. It has also found that BITs do not only safeguard foreign investors but can also attract more investment. The study concludes by providing a list of recommendations, highlighting the benefits of BITs for Ethiopia. / Public, Constitutional, and International Law / LL. M. (International Economic Law)

Made available in DSpace on 2014-06-11T19:26:45Z (GMT). No. of bitstreams: 0 Previous issue date: 2011Bitstream added on 2014-06-13T20:34:37Z : No. of bitstreams: 1 licorio_go_me_mar.pdf: 317852 bytes, checksum: a799c0e090df360207e895c3e35ab573 (MD5) / Coordenação de Aperfeiçoamento de Pessoal de Nível Superior (CAPES) / A presença chinesa na África nos últimos cinco anos deixou de ser pautada na solidariedade e tomou características de posicionamento estratégico internacional. A China alcança em média 70 bilhões de dólares ao ano (Huang, 2008) em negociações comerciais com o continente Africano, incluindo países que enfrentam situação de instabilidade civil, como Sudão e Nigéria. Essa interação não impõe condicionalidades políticas, o que permite à China manter sempre relações vantajosas financeira e politicamente, independente de qual seja o regime vigente. O objetivo desse trabalho é analisar esse novo posicionamento chinês no continente Africano, buscando entender as conseqüências dessa aproximação para ambos os lados e sua relação com o aprofundamento das situações de conflito / The Chinese presence in Africa over the past five years has ceased to be based on solidarity and took strategic international positioning characteristics. China has achieved an average 70 billion dollars per year (HUANG, 2008) in trade negotiations with the African continent, including countries facing situations of civil unrest, such as Sudan and Nigeria. This interaction does not impose conditionalities, which allows China to always maintain advantageous relationships financially and politically, regardless of what is the current regime. The aim of this study is to analyze this new Chinese position on the African continent, seeking to understand the consequences of this approach for both sides and their connection with the deepening of the conflict

Orientador: Reginaldo Mattar Nasser / Banca: Carlos Eduardo Ferreira de Carvalho / Banca: Igor Fuser / O Programa de Pós-Graduação em Relações Internacionais é instituído em parceria com Unesp/Unicamp/PUC-SP, em projeto subsidiado pela CAPES, intitulado "Programa San Tiago Dantas" / Resumo: A presença chinesa na África nos últimos cinco anos deixou de ser pautada na solidariedade e tomou características de posicionamento estratégico internacional. A China alcança em média 70 bilhões de dólares ao ano (Huang, 2008) em negociações comerciais com o continente Africano, incluindo países que enfrentam situação de instabilidade civil, como Sudão e Nigéria. Essa interação não impõe condicionalidades políticas, o que permite à China manter sempre relações vantajosas financeira e politicamente, independente de qual seja o regime vigente. O objetivo desse trabalho é analisar esse novo posicionamento chinês no continente Africano, buscando entender as conseqüências dessa aproximação para ambos os lados e sua relação com o aprofundamento das situações de conflito / Abstract: The Chinese presence in Africa over the past five years has ceased to be based on solidarity and took strategic international positioning characteristics. China has achieved an average 70 billion dollars per year (HUANG, 2008) in trade negotiations with the African continent, including countries facing situations of civil unrest, such as Sudan and Nigeria. This interaction does not impose conditionalities, which allows China to always maintain advantageous relationships financially and politically, regardless of what is the current regime. The aim of this study is to analyze this new Chinese position on the African continent, seeking to understand the consequences of this approach for both sides and their connection with the deepening of the conflict / Mestre

Orientador: Sebastião Carlos Velasco e Cruz / Dissertação (mestrado) - Universidade Estadual de Campinas, Instituto de Filosofia e Ciencias Humanas / Made available in DSpace on 2018-08-16T20:32:27Z (GMT). No. of bitstreams: 1 Rinaldi_PatriciaNogueira_M.pdf: 1872331 bytes, checksum: e9f436b9c10b0c7533d976906618d7d9 (MD5) Previous issue date: 2010 / Resumo: Essa dissertação se debruça sobre o fenômeno dos fundos soberanos de riqueza, definidos como veículos de aplicações financeiras estatais realizadas prioritariamente no exterior. O principal problema analisado refere-se aos impactos dessa intervenção estatal, uma vez que os Estados se configuram, por meio dos FSR, como verdadeiros players do sistema financeiro internacional, apresentando sérias implicações para o processo de globalização financeira, especialmente após, pelo menos, três décadas de promoção de princípios de redução do papel do Estado nos mercados. Busca-se entender se os FSR seriam instrumentos de retrocesso ou de avanço da globalização financeira em torno de três eixos de discussão: da análise das precondições para o surgimento dos FSR, que apontam para uma mudança na divisão internacional do trabalho; da análise dos motivos que levam os países a criarem FSR, que apontam para uma mudança na configuração da autoridade estatal no processo de globalização financeira; e da análise do processo regulatório dos FSR, que aponta para o controle de medidas protecionistas dos países receptores contra esses investimentos estatais. A discussão é embasada por uma categorização das principais características de trinta FSR selecionados / Abstract: This dissertation investigates the sovereign wealth funds (SWFs), which are vehicles for governments' financial investments, allocated priory in foreign financial assets. The main problem under concern refers to state intervention as long as states are truly players in the international financial system. It represents major repercussions for the financial globalization process, especially after the massive promotion of principles such as state retrenchment. Therefore, it is investigated if SWFs are stumbling blocks or stepping stones to financial globalization, in a three-basis discussion: analysis of the pre-conditions for SWFs development as a result of rearrangements in the international division of labor; analysis of the purposes for creating a SWF as a result of rearrangements in the states authorities in relation to financial globalization; and analysis of SWF regulation process against protectionism actions from recipient countries. The discussion is supported by a categorization of the main characteristics from thirty selected funds / Mestrado / Economia Política Internacional / Mestre em Ciência Política

This study examines the prominence of the term governance and its use in multilateral organisations, in particular the New Partnership for African Development. It argues that the term governance is contentious and needs to be reviewed. This is in light of the elevation of governance as a requisite for development, which has come about through the development of NEPAD. This is primarily a study on the position of the state in multilateral regimes and how governance will affect the state and non-state actors. The politics in and around governance are therefore important in any assessment of African development as governance becomes a developmental necessity. The African Rennaisance and African Union have become ‘beacons of hope’ for Africa and these have been discussed here. We can see NEPAD as a historical development that fits into the African Renaissance. This has been a mechanism to ensure state survival and the states that drive NEPAD have played a significant role in providing legitimacy to Africa’s calls for development. This thesis attempts to explain the shift in developmental policy in that NEPAD has seemingly become the first African development strategy that has the support of the West. Through this thesis, we will examine the role that the Post Washington consensus has played in getting this phase of African development started. What becomes significant here is the way in which governance has been accepted as the gauge for support in development. This study therefore aims to offer a means by which to analyse governance in multilateral organisations. As the term is contentious, three paradigms on governance will be provided in order to refine governance in such a way that it can be applied in analysis. This thesis shows that governance can be refined into corporatist, prebendal and conciliar forms. The form of governance that NEPAD will take has implications for the type of reconfiguration of the state brought about by governance.