Author/Editor: Selin Sayek, Alexander Lehmann, Hyoung Goo Kang.

Release Date:June, 2004

We use data on the sources of debt finance of U.S. majority-owned foreign affiliates in 53 countries over the period 1983 to 2001 to examine the role of financial market development, and exposure to more...

Author/Editor: Alexander Lehmann, Ashoka Mody.

Release Date:January, 2004

Income earned by the branches and subsidiaries of multinational firms can be either reinvested in the host country or repatriated as dividends to the firms' headquarters. Despite the rapid growth of more...

Author/Editor: Natalia T Tamirisa, Alexander Lehmann, Jaroslaw Wieczorek.

Release Date:December, 2003

This paper reviews the characteristics of international trade in services and of the World Trade Organization’s General Agreement on Trade in Services (GATS) framework, which was more...

Author/Editor: Jorge Iván Canales Kriljenko, Padamja Khandelwal, Alexander Lehmann.

Release Date:October, 2003

We assess the current barriers to trade in financial services in the six Central American countries seeking a free trade agreement with the United States (the CAFTA) and examine the relative merits more...

Author/Editor: Alexander Lehmann.

Release Date:March, 2002

Based on U.S. data, the returns on foreign direct investment in emerging markets are shown to be substantially higher than would be suggested by official balance of payments statistics. This paper more...