Li Sheng, Tao Li, Jie Gao (2019/2, Miscellanea,
Effects of Foreign Capital on Tourism: Evidence from Macao and Hong Kong
Although most economists defend the positive role of foreign investors in tourism development, a number of tourism geography studies present divergent views on the local impact of foreign investment on host communities. To trace the issue to its root, a simple analytical framework has been developed to show that the effects of free capital mobility highly depend on the geographical size and (...)
Anna Tobolska (2014/5, Articles,
Foreign Direct Investments in Poland’s Industry: Sectoral and Spatial Structure
This paper seeks to analyse the sectoral and spatial structure of the inflow of foreign direct investment (FDI) to industry in Poland and to determine the extent of internationalisation of this sphere of the economy. Those issues are significant not only in cognitive terms, but they can also have implications for the countrys economy, in particular for its economic policy. In the first (...)
Michał Jurek (2013/2, Articles,
The article aims to analyze what macroeconomic circumstances support the maintenance of stable exchange rate of CEE countries currencies against the euro. In order to achieve this target, the author presents the evolution of the exchange rate regimes in CEE countries in the period of 1999-2011, as well as the results of logit analysis used in order to reveal what macroeconomic features (...)