[PDF] The Impacts Of Energy Prices On Industrial Foreign Investment Location eBook

Author : Eric De Brabandere
Publisher : Martinus Nijhoff Publishers
Page : 312 pages
File Size : 44,42 MB
Release : 2014-06-05
Category : Business & Economics
ISBN : 9004244719

GET BOOK

Foreign investments in the energy sector raise formidable legal questions, often requiring a delicate balance between private and public interests of the various stakeholders. Foreign Investment in the Energy Sector: Balancing Private and Public Interests opens with a discussion of the legal protection of foreign investment in the main segments of the energy sector (namely oil, gas, mining and hydroelectric industry), both in substantive and procedural terms. This second part of the book focuses on the Energy Charter Treaty, by far the most important international legal instrument in the energy sector, and its future after the decision of the Russian Federation not to ratify it. In its third part, the book examines four critical areas that are often negatively concerned by economic activities by multinational in the energy sector, namely compliance with safety and labour standards, protection of the environment, respect of indigenous peoples rights, and protection of public health. Foreign Investment in the Energy Sector: Balancing Private and Public Interests, a comprehensive collection of essays from experts and practitioners, offers an important new resource to the field.

Author : Congressional Research Congressional Research Service
Publisher : Createspace Independent Publishing Platform
Page : 38 pages
File Size : 15,84 MB
Release : 2016-08-12
Category :
ISBN : 9781539454816

GET BOOK

The Committee on Foreign Investment in the United States (CFIUS) is comprised of nine members, two ex officio members, and other members as appointed by the President representing major departments and agencies within the federal executive branch. While the group generally has operated in relative obscurity, the proposed acquisition of commercial operations at six U.S. ports by Dubai Ports World in 2006 placed the group's operations under intense scrutiny by Members of Congress and the public. Prompted by this case, some Members of the 109th and 110th Congresses questioned the ability of Congress to exercise its oversight responsibilities given the general view that CFIUS's operations lack transparency. Other Members revisited concerns about the linkage between national security and the role of foreign investment in the U.S. economy. Some Members of Congress and others argued that the nation's security and economic concerns have changed since the September 11, 2001, terrorist attacks and that these concerns were not being reflected sufficiently in the Committee's deliberations. In addition, anecdotal evidence seemed to indicate that the CFIUS process was not market neutral. Instead, a CFIUS investigation of an investment transaction may have been perceived by some firms and by some in the financial markets as a negative factor that added to uncertainty and may have spurred firms to engage in behavior that may not have been optimal for the economy as a whole. On July 12, 2016, Senator Charles Grassley introduced S. 3161 to include the Secretary of Agriculture as a permanent member of the CFIUS and to include the national security impact of foreign investments on agricultural assets as part of the criteria the Committee uses in deciding to recommend that the President block a foreign acquisition.

Author : Aurélien Saussay (économiste).)
Publisher :
Page : 0 pages
File Size : 25,80 MB
Release : 2018
Category :
ISBN :

GET BOOK

This thesis takes advantage of the remarkable volatility of energy prices across both time and space over the past two decades to identify the impacts of increased fossil fuel energy prices on economic agents. It first examines one of the main sources of this renewed energy price volatility, the U.S. shale gas revolution, before turning to the analysis of two policy issues related to the implementation of carbon pricing: the risk of industrial investment relocation as a consequence of degraded competitiveness, and the distributional impacts of increased gasoline prices for households. The first chapter performs a detailed statistical analysis of an original dataset of 40,000 U.S. shale gas wells to calibrate a techno-economic model of shale gas extraction profitability, and finds that the shale gas revolution is not transferrable to continental Europe. The second chapter combines a database of 70,000 industrial M&A transactions covering 20 years and 41 countries with a sectoral industrial energy price index to identify the impact of relative energy prices on industrial investment location. Findings imply that firms tend to engage in more cross-border investments when their domestic energy prices increase in relative terms against foreign prices, which broadly supports the pollution haven hypothesis. Counterfactual policy simulations show that this effect is limited though. The third chapter develops a simple dynamic model of household gasoline consumption, using the rational habits framework to capture the intertemporal dimension of gasoline demand. This model is then estimated on PSID household-level data between 1999 and 2015 using localized gasoline prices. Estimation results show that households exhibit habits formation and forward-looking behavior in their gasoline consumption, and find a -0.88 long term price elasticity. Micro-simulations also find suggestive evidence of interactions between dynamic heterogeneity and the regressivity of gasoline price increases. The findings of this thesis strengthen the case for compensatory policies aimed at improving carbon pricing acceptance by economic agents, and provide tools that can contribute to their design and calibration.

Author : OECD
Publisher : OECD Publishing
Page : 187 pages
File Size : 27,35 MB
Release : 2021-12-15
Category :
ISBN : 9264679731

GET BOOK

This Review assesses Ukraine’s investment climate vis-à-vis the country’s energy sector reforms and discusses challenges and opportunities in this context. Capitalising on the OECD Policy Framework for Investment and other relevant instruments and guidance, the Review takes a broad approach to investment climate challenges facing Ukraine’s energy sector.

Author : Pascal Liu
Publisher : Food & Agriculture Organization of the UN (FAO)
Page : 384 pages
File Size : 35,63 MB
Release : 2013
Category : Business & Economics
ISBN :

GET BOOK

Substantial increases in agricultural investments in developing countries are needed to combat poverty and realize food security and nutrition goals. There is evidence that agricultural investments can generate a wide range of developmental benefits, but these benefits cannot be expected to arise automatically and some forms of large-scale investment carry risks for host countries. Although there has been much debate about the potential benefits and risks of international investment, there is no systematic evidence on the actual impacts on the host country and their determinants. In order to acquire an in-depth understanding of potential benefits, constraints and costs of foreign investment in agriculture and of the business models that are more conducive to development, FAO has undertaken research in developing countries.This publication summarizes the results of this research, in particular through the presentation of the main findings of case studies in nine developing countries. It presents case studies on policies to attract foreign investment in agriculture and their impacts on national economic development in selected countries in Africa, Asian and Latin America.

Author : Maria Laura Gómez Mera
Publisher : World Bank Publications
Page : 0 pages
File Size : 10,78 MB
Release : 2014-12-03
Category : Business & Economics
ISBN : 9781464803710

GET BOOK

This study analyzes the characteristics, motivations, strategies, and needs of FDI from emerging markets. It draws from a survey of investors and potential investors in Brazil, India, South Korea, and South Africa.

Author : Robert E. Baldwin
Publisher : University of Chicago Press
Page : 560 pages
File Size : 39,65 MB
Release : 2007-11-01
Category : Business & Economics
ISBN : 0226036553

GET BOOK

People passionately disagree about the nature of the globalization process. The failure of both the 1999 and 2003 World Trade Organization's (WTO) ministerial conferences in Seattle and Cancun, respectively, have highlighted the tensions among official, international organizations like the WTO, the International Monetary Fund (IMF), the World Bank, nongovernmental and private sector organizations, and some developing country governments. These tensions are commonly attributed to longstanding disagreements over such issues as labor rights, environmental standards, and tariff-cutting rules. In addition, developing countries are increasingly resentful of the burdens of adjustment placed on them that they argue are not matched by commensurate commitments from developed countries. Challenges to Globalization evaluates the arguments of pro-globalists and anti-globalists regarding issues such as globalization's relationship to democracy, its impact on the environment and on labor markets including the brain drain, sweat shop labor, wage levels, and changes in production processes, and the associated expansion of trade and its effects on prices. Baldwin, Winters, and the contributors to this volume look at multinational firms, foreign investment, and mergers and acquisitions and present surprising findings that often run counter to the claim that multinational firms primarily seek countries with low wage labor. The book closes with papers on financial opening and on the relationship between international economic policies and national economic growth rates.