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"Principled Embeddedness": How foreign direct Investment may contribute to inclusive and sustainable growth in developing economies?

Foreign direct investment (FDI) plays a crucial role in enabling developing economies to embark on a path of inclusive growth. This applies in particular if local subsidiaries of multinational enterprises (MNEs) are committed to ‘principled embeddedness’ meaning that they are prepared to integrate parts of the local economy into global value chains by enabling them to comply with the…

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English / 23/11/2017

Sustainable and Future Oriented Cocoa Production in Ghana: Analysis of the Initiatives of two Swiss Chocolate Manufacturers

Sustainability remains high on the worldwide agenda in the cocoa sector as numerous problems threaten its viability. This study gives a broad picture of the Ghanaian cocoa sector and examines the initiatives of two Swiss chocolate manufacturers aiming at a more sustainable and future-oriented cocoa production in Ghana.
The study reveals many challenges the Ghanaian cocoa sector…

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English / 23/11/2017

Embeddedness of Chiquita’s Banana Production in Panama: The potential to mitigate social and ecological problems

The study examines the banana production operations of Chiquita in the remote region of Changuinola in Panama and contrasts it with experiences from Guatemala and Costa Rica. Of particular interest are the local context and the socio-economic framework conditions in which the company is operating. They are essential to assessing the embeddedness of the company in the region. Moreover…

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English / 23/11/2017

Positive Sustainability Effects Resulting from Embeddedness: Evidence from Syngenta’s potato business in Kenya and Colombia

A variety of studies assess the impact of multinational enterprises (MNE) in developing countries. They mainly focus on the negative externalities of these companies. Therefore, this study focuses on the positive effects emanating from the presence of MNEs in developing countries. It is hypothesised that positive externalities resulting from MNEs have their source in the local…

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English / 23/11/2017

Der Schweizer Mietimmobilienmarkt belohnt andere Nachhaltigkeitsmerkmale als Energieeffizienz

Analysiert wird der Einfluss von Nachhaltigkeitsmerkmalen auf die Bestandesmieten von 3120 Wohnungen. Im Ergebnis zeigen sich substanzielle Mietprämien für Tageslicht, geringe Strahlenbelastung und ökologische Baumaterialien sowie ÖV-Anschluss.
Ein schwach signifikanter Mietpreisabschlag wird für Flexibilität sowie Heizwärmebedarf ermittelt.

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Deutsch / 01/11/2017

Does Greece need more official debt relief? If so, how much?

Creditor countries and international organizations continue to disagree whether Greece should receive additional official debt relief, and if so how much. This paper first shows that these disagreements can be attributed to competing assumptions about Greece's future capacity to repay, particularly about economic growth and the fiscal primary balance. It next evaluates the…

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English / 09/10/2017

The changing international linkages of Switzerland: an overview

Over the last decade, the economic linkages between Switzerland and the rest of the world have been transformed. First, merchanting and the chemical industry account for an increasing share of international trade, with chemicals exports expanding robustly in recent years despite the European crisis and the strong Swiss franc. Second, the nature of international financial integration…

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English / 03/10/2017

Mining online community data: the nature of ideas in online communities

Ideas are essential for innovation and for the continuous renewal of a firm’s product offerings. Previous research has argued that online communities contain such ideas. Therefore, online communities such as forums, Facebook groups, blogs etc. are potential gold mines for innovative ideas that can be used for boosting the innovation performance of the firm. However, the nature of…

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English / 06/06/2017

Minimum wages and firm employment: evidence from China

This paper studies how minimum wage policies affect firm employment in China using a unique county level minimum wage data set matched to disaggregated firm survey data. We investigate both the effect of imposing a minimum wage, and the effect of the policies that tightened enforcement in 2004. We find that the average effect of minimum wage changes is modest and positive, and that…

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English / 24/02/2017

On the roles of different foreign currencies in European bank lending

We draw on a new data set on the use of Swiss francs and other currencies by European banks to assess the patterns of foreign currency bank lending. We show that the patterns differ sharply across foreign currencies. The Swiss franc is used predominantly for lending to residents, especially households. It is sensitive to the interest rate differential, exchange rate developments,…

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English / 24/02/2017

The legitimate regulatory distinction: challenging the boundary between interpretation and law-making in the appellate body

This paper focuses on the nature of the Appellate Body's interpretative method in arriving at its decision to read-in that Article 2.1 of the Agreement on Technical Barriers to Trade (TBT Agreement) will not prohibit a detrimental impact on competitive opportunities for imports in cases where such detrimental impact stems exclusively from a legitimate regulatory distinction.…

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/ 21/02/2017

Income tax in the WTO: substantive reach and rivaling proceedings

This paper considers the intersection of income tax and WTO rules. It defends an interpretation of the non-discrimination obligations in line with customary rules of interpretation as stipulated by the Vienna Convention on the Law of Treaties. It, thus, departs from the historic assumption that income taxes are not or only to a very limited extent covered by the GATT. Subsequently,…

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/ 21/02/2017

Method and application of characterisation of life cycle impact data of construction materials using geographic information systems

Purpose: This research presents a methodology to characterize life cycle impact data (LCIA) of alternative construction materials outside of the European context.
Methods: This methodology was based on the characterization of data and life cycle assessment (LCA) using geographic information systems (GIS), which has been proposed as an effective alternative for this purpose. The…

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English / 01/01/2017

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