WORKING PAPERS SERIES HOST COUNTRY BENEFITS OF FOREIGN INVESTMENT Magnus BlomstrOrn Working Paper No. 3615 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge‚ MA 02138 February 1991 This paper is part of NBER ’s research program in International Studies. Any opinions expressed are those of the author and not those of the National Bureau of Economic Research. NBER Working Paper #3615 February 1991 HOST COUNTRY BENEFITS OF FOREIGN INVESTMENT ABSTRACT This
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Without light or fan we can’t manage a single minute. Similarly‚ every move of ours made easy with the help of science. As far as die advantage of science‚ one can go 011 write a long list. It need not he elaborated. Any kiddies in the school can quote at least ten numbers of the plus points of it. But‚ like a coin that has two sides‚ science has its own disadvantages too‚ especially‚ when it comes to Nuclear weapons that can kill thousands in no time. An article appeared in ‘The Times of India’
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ADVANTAGES & DISADVANTAGES OF TOURISM Advantages 1. Tourism provides foreign exchange (US dollars) which allows: i) The government to pay bills such as: a) Allows government to pay foreign debt. b) Allows the Bahamian dollar to stay on par with the US dollar. c) Allows government to pay the thousands of persons employed in government their monthly salaries. d) Allows government to have money to do road works‚ school construction and all other governmental works. ii) Allows Bahamians
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well as the advantages and disadvantages of each source. In order to make effective decisions and coordinate the decisions and actions of the various departments‚ a business needs to have a plan for its operations. Planning the financial operations of a business is called budgeting. Although budgeting allows the organization to plan their work and work towards their plan‚ it also has both advantages as well shortcomings that can affect an organization’s progress. The main advantage of a budget
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The advantages and disadvantages of internet With the expansion of high-technology‚ the use of internet is spreading at a rapid pace. Although many people firmly believe that the invention of internet is by no means beneficial‚ I still consent that it has pros and cons‚ thus should be viewed in both aspects. First and for most‚ internet has completely altered the mode of communication. In the past‚ letters and telegrams were mostly used for distanted contact. Later telephones became dominant‚ but
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control over their foreign subsidiaries and international operations. The resulting challenges can be influenced by the low predictability of foreign environments‚ limited experience of a company‚ as well as problems transferring specific knowledge and methods to their subsidiaries. Therefore‚ the appropriate selection of control mechanisms becomes vital for the efficient operation of foreign subsidiaries. The mechanisms of control imposed by the parent company to the subsidiary can be explained within
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How many phenomenons have a global impact? If you are to count‚ they could be counted on your finger tips. Globalization is one of them. So before going to the advantages and disadvantages of globalization‚ lets us try to grasp this concept first. Simply put‚ globalization is an ongoing process of integration of regional economies into global network of communication and execution. Let me explain this a bit. Assume that you are a mango farmer in India and you grow very good quality mangoes over there
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Discuss the advantages and disadvantages of unisexual schools. Boy schools and girl schools shoot up very rapidly both in foreign countries and at home. In China‚ girl schools have enjoyed a very long history since one hundred years ago. Many sociologists and educationalists present their views on this issue from different angles. In this essay‚ I will zero in on the advantages and disadvantages of the controversial phenomenon. (60 words) Some parents prefer to send their children to boy schools
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international trade? EX1: How to pay or be paid becomes a crucial choice as soon as you begin doing business across borders. When you do business internationally‚ there are ways of paying that you might never hear about when doing business in just one country. There are a lot of method of payment in intertraditional trade but the commonest method is letter of credit. Letters of credit are the most common method of payment in international trade as they provide protection to both parties involved in the
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take an active interst in sports. Thus sports serve an essential purpose in life because they ensure good health and build a fine physique. If one is bodily fit‚ one feels capable of hard endeavor and life without endeavor is useless. The great advantage of sports is that they combine exercise with trill‚ excitement and sensations. In order that we should readily take exercise it should be made interesting and‚ as everybody knows‚ practically all kinds of games devised by man possess a certain degree
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