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intereset Rate Uncertainty and FDI Pre-Globalisation

Author

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  • william vukson

    (Centre for Automotive Sustainability)

Abstract

Exchange Rate uncertainty prior to the Euro were deemed an important impediment to Foreign Direct Investment Flows. This paper confirms that they were the main cause preventing optimal Private Corporate Sustainability during this era. This paper was researched with several industries in mind; automotive; textile and manufacturing sectors. It continues to serve as a key pillar for private sustainability goals in the automotive sector. Exchange Rate Uncertainty supercedes the effects of tax rate differentials and real wage rate differentials. The methodology used was OLS econometric techniques and the data was transformed into annual growth rates in order to achieve scientific compatibilities in my research methodology.

Suggested Citation

  • william vukson, 2017. "intereset Rate Uncertainty and FDI Pre-Globalisation," International Journal of Economic Sciences, International Institute of Social and Economic Sciences, vol. 6(1), pages 41-78, May.
  • Handle: RePEc:sek:jijoes:v:6:y:2017:i:1:p:41-78
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    Citations

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    Cited by:

    1. KADEŘÁBKOVÁ Božena & BEDNÁŘ Ondřej, 2022. "How Much Can the Monetary Policies of Small Open Economies Neighbouring the Eurozone Be Independent?," European Journal of Interdisciplinary Studies, Bucharest Economic Academy, issue 02, June.
    2. Luká? Augustin Máslo, 2019. "Post-Keynesian Controversy About Uncertainty: Methodological Perspective, Part II," Proceedings of Economics and Finance Conferences 9512182, International Institute of Social and Economic Sciences.

    More about this item

    Keywords

    Exchange Rates; Uncertainty; Private Sustainability; Corporate Growth; 1970s; 1980s; Nixon; Reagan; Carter; Giscard d'Estaing; Helmut Schmidt; Snake Agreement; EMU; ERM;
    All these keywords.

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements

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