When the United States applied tariffs to steel imports in 2002, it exempted Canada and Mexico. Such arrangements allow Canada to continue selling into the U.S. market with less competition from other countries. Opponents of Buy American rules characterize them as a revival of the infamous Smoot-Hawley Act, which allegedly worsened unemployment in the 1930s. But the act's gravest shortcoming was that it did not provide, or accompany, a significant fiscal stimulus. In effect, the United States tried to use tariffs alone to grab a larger slice of a shrinking global economic pie. By contrast, the larger volume of steel trade between Canada and the United States is balanced. Which means that Americans cannot improve their balance of international payments by trading less steel with Canadian...
All financial markets, products and participants including hedge funds and other private pools of capital which may pose a systematic risk must be subjected to appropriate oversight or regulation," [Angela Merkel] said in a statement released on behalf of the summit members after the talks. European leaders backed Merkel's call for a "charter of sustainable economic activity" to reduce economic imbalances and stabilize financial markets. The charter would subject all financial-market activities around the globe to regulation, including credit-rating agencies. Merkel said it would be "based on market forces but prevent excess and ultimately lead to the establishment of a global governance structure. "The IMF's resources must be doubled to enable it to help its members swiftly and flex...
... difficulties with respect to their balance of payments," Merkel said. Other key points includ...
... of proof that "while falling short of a balance of probabilities, nevertheless connotes a bona fid... of the principal through principal payments (which only occurred for the first mortgages as th...
Political risk analysis primarily receives attention for foreign direct investment (FDI) but only rarely for exporting. We examine how exporters and foreign direct investors evaluate the relative importance of political risk factors. We provide a rationale for exporters to evaluate political risk factors for FDI and for foreign direct investors to evaluate political risk factors for exporting. Survey data were collected from Canadian exporters and foreign direct investors and capture the distinctive nature of salient factors for exporting and FDI. We offer unique insights on the evolutionary character of political risk that are of practical value for both exporting and FDI.
... barriers to trade, external debt, overall balance of payments, capital flights, and general indicato...
... Canada, who wished to be paid in full the balance of payments owing under several equipment leases. ...
...US balance-of-payments deficits have served as the engine of ...
...aggregate amount of deferred special payments” means the sum of the amounts considered to be owed... may be applied to reduce the outstanding balance of any solvency deficiency determined before Janua...
China has emerged as the most dynamic FDI-host country in the world, and the impact of FDI on the Chinese economy has burgeoned in ways that no one anticipated. This paper focuses on four issues: (a) the factors behind the FDI boom; (b) how China has succeeded in utilizing FDI so far; (c) China's FDI strategy; and (d) its future development. China's special advantages in attracting and using FDI come from three sources: the huge market with cheap labour, the large number of rich overseas Chinese as investors, and the effective FDI strategy and policy implemented by the central government. Whether or not China will be a winner in future depends on how it balances between technology transfers and domestic market protection.
...* volatile FDI flows and related payments deleterious to the balance of payments;. * tax avo...
... means a payment or one of a series of payments determined in accordance with section 9 and made f... year may be reduced if the outstanding balance of an unfunded liability will at no time be greate...
In this paper we examine remittances as a currency of care from the perspective of migrants among the Indian diaspora in Australia. We focus particularly on seven "twice migrants" from Malaysia, Singapore, Kenya and the United Kingdom, and two cases where direct migration of the parental generation from India has led to multiple migration for their children as they moved from Australia to the United States, Canada and the United Kingdom. These nine cases of multiple migration enable us to delve into the greater complexity and longer history of migration. The paper thus adds a historical dimension to literature on migration, analyzing changes across generations to remittances and the transnational family. Following Fischer and Tronto (1990) we distinguish between "caring about," "taking ...
...Remittance data, often through die balance of payments, track money to the home country rathe...
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