Only 78 foreign-qualified nurses were registered to practise in South Africa last year, mainly because of poor compliance with application requirements and an inability by war-torn/ dysfunctional African governments to verify professional qualifications. These were among the reasons provided by Linda Hlaisi, manager of the South African Nursing Council's (SANC) Foreign Workforce section, for th...

This paper considers the role of foreign investors in developed country equity markets. It presents a quantitative model of trading that is built around two new assumptions about investor sophistication: (i) both the foreign and domestic populations contain investors with superior information sets; and (i i) these knowledgeable investors have access to both public equity markets and private inv...

To study whether foreign aid fuels personal, regional and ethnic favoritism, we use satellite data on nighttime light for any region in any aid-recipient country, and we determine for each year and each country the region in which the current political leader was born. Having a panel with 22,850 regions in 91 aid recipient countries with yearly observations from 1992 to 2005, we compare the eff...

This version: March 3, 2004 This draft is very preliminary and incomplete. Please do not quote or circulate. Comments are welcome. Abstract Using the data from World Business Environment Survey (WBES) on over 10,000 firms across eighty one countries, this paper finds significant regulatory advantages—as perceived by the firms themselves—enjoyed by foreign firms over domestic firms. The findings...

This study explores the effects of foreign education on earnings. Previously, most research used indirect estimated information about foreign education, and documented the lower earnings of immigrants who had foreign education in comparison to those who had domestic education. Using direct information obtained from respondents of a recent survey, this research goes beyond the existing studies b...

Foreign direct investment (FDI) is an investment in a business by an investor from another country for which the foreign investor has control over the company purchased. The need for foreign capital for a developing country like India could arise on account of the following reasons reasons. Foreign capital is usually essential atleast as temporary measure during the period of development. Forei...

Eve Marder explains why all scientists should spend time living and working in a foreign country.

Emergency preparedness and management are among the most important and critical issues facing animal health in the world today. The goals of a country for an animal health emergency management (AHEM) system should include the following: --being prepared to detect and manage an outbreak of a foreign animal disease --preventing the introduction of foreign and emerging animal pathogens --having an...

We study the impact of special interest politics on competition for a multinational between two countries. We show that whether a country will win this competition is determined by both economic factors, which include for which country foreign direct investment will bring more national welfare, and in which country the multinational will make more profits; and to what extent each country’s gove...