According to the latest census conducted by the United Nations, currently about 213 million people, i.e. more than 3 percent of the world's population, live outside the country of their birth. The great mobility of the population has definitely different effects on host countries’ economy. The labor market along with commodity, capital and money markets as one of the main pillars of the e...

In 2015, the United Nations High Commission for Refugees accommodated over 15 million refugees, mostly in refugee camps in developing countries. The World Food Program provided these refugees with food aid, in cash or in kind. Refugees' impacts on host countries are controversial and little understood. This unique study analyzes the economic impacts of refugees on host-country economies within ...

This paper focuses on the contribution of mega events onto the development of a green economy at the event host location and discusses how to measure it. The promises of organizers usually are very ambitious but the question remains as to how realistic these claims are. This question will be addressed in three sections by using methods that are primarily analytical and critical rather than an e...

This paper deals with the interplay between foreign direct investment (FDI) and the industrial and innovation policies of host developing economies. It aims to redefine the nexus between these different, though yet strongly interconnected policy areas, by bringing the affiliates of multinational corporations already established in a host economy to the first level of analysis. It argues that ho...

In this paper, we address the question that does FDI alone affect economic growth or interaction of FDI and human capital is required to boost economic growth. We develop the model with an expanding variety of products. We estimate the model using some advanced tests utilizing data on FDI flows from developed countries. We find stronger complementary effects between FDI and human capital on the...

The impact of the sporting industry on economic decision making has increased dramatically since the global media explosion in the 1980s. Tourism and advertising revenues generated by these mega-events have become a major boost to the economies of hosting nations. In addition, globalisation has placed great emphasis on the importance of foreign direct investment (FDI), especially to developing ...

This paper examines reasons for differences in the innovative activity of MNC subsidiaries in the context of a late industrialising host economy, Argentina in the late 1990s. It builds on our earlier work (Marin and Bell, 2004, 2005) which demonstrated that local spillovers from FDI did arise, but not as a generalised consequence of all kinds of FDI-mediated technology transfer from parent comp...

This paper examines reasons for differences in the innovative activity of MNC subsidiaries in the context of a late industrialising host economy, Argentina in the late 1990s. It builds on our earlier work which demonstrated that local spillovers from FDI did arise, but not as a generalised consequence of all kinds of FDI-mediated technology transfer from parent companies. Instead spillovers wer...

Judging by the millions of reviews left by guests on the Airbnb platform, this “trusted community marketplace” is fulfilling its mission of matching travelers seeking accommodation with hosts who have room to spare remarkably well. Based on our analysis of ratings we collected for over 600, 000 properties listed on Airbnb worldwide, we find that nearly 95% of Airbnb properties boast an average ...