Merits of Financial Market Development for Developing Countries

30th December 2016
KCG Secretary
Publications
Publications
Financial market development has its impact on economic development wide beyond national boundaries. Here multinational enterprises (MNEs) play a crucial role. Recent empirical studies carried out by Görg and Kersting (2016) and Donaubauer et al. (2016) found, among others, that:

Well-developed financial markets, either in source or host countries, foster bilateral foreign direct investment. Well-developed financial markets in source countries compensate for poorly developed financial systems […]

KCG Kick-off Meeting Held on December 9th, 2016

15th December 2016
KCG Secretary
News
News
The Kiel Centre for Globalization (KCG) is a joint initiative of Christian-Albrechts-University of Kiel and Kiel Institute for the World Economy. Its interdisciplinary research team currently works on four interrelated research projects to investigate various selected aspects of global supply chains (https://www.kcg-kiel.org/research/). To facilitate efficient and effective knowledge exchange, the research team plans to regularly meet each other to share their research results […]

Guli-Sanam Karimova Joined the KCG

1st December 2016
KCG Secretary
News
News
Guli-Sanam Karimova joined the Kiel Centre for Globalization in December 2016 as a PhD researcher. She completed her Bachelor studies in Economics at the National University of Uzbekistan in Tashkent. She then studied for a Master's degree in Economics with a focus on business studies and particularly marketing and information management at the University of Kassel. After obtaining her Master’s degree in Economics she got her second Master’s degree in Philosophy. During her Master's studies, she worked as a student assistant at the Institute for Corporate Ethics and Economics at the University of Kassel.[…]

KCG Studies about Standards along the Global Supply Chains

24th November 2016
KCG Secretary
A new KCG study (Görg et al., forthcoming) addressing multinational enterprises (MNEs) with production sites in Africa shows that MNEs are indeed able to influence the working and production conditions of their suppliers in Africa, if the MNEs are motivated to do so. For example, production conditions of MNEs are found to be established in a more sustainable way in Africa, if their products were exported to developed countries such as to Europe or the USA, compared to having been exported to less developed countries like China[…]



A Recent KN Report on KCG

17th November 2016
KCG Secretary
Publications
Publications
With the official start of the Kiel Centre for Globalisation (KCG), the Kieler Nachrichten (KN) recently published a report on the research focus and the planned activities of the KCG based on an interview with Prof. Holger Görg. As emphasised by Prof. Görg, over the past decades of globalisation some people have won but others have lost and there have been some undesirable side effects. Thus, the main focus of the KCG is not only to gain more insights into how globalisation actually has worked but also how trade and global division of labour can be arranged in a more sustainable and fairer way in the future[…]

Quality FDI Matters for Economic Development and Growth

16th November 2016
KCG Secretary
News
News
quality fdi matters / Photo: © unido flickr
Updated on 16th Nov., 2016

“The Vienna Investment Conference: Quality FDI, Development and Growth” which was co-organized by UNIDO as well as Holger Görg and his team at the Kiel Institute for the World Economy took place in mid-September in Vienna, Austria. At the conference, the Director General of UNIDO Yong Li emphasized that “Quality FDI is a key driver for growth of domestic enterprises and improvement of the overall investment climate, provided the right policies and incentives are […]

KCG Policy Paper No. 1: Quality FDI and Supply-Chains in Manufacturing: Overcoming Obstacles and Supporting Development

16th November 2016
KCG Secretary
Publications
Publications
Authors: Theodore H. Moran, Holger Görg and Adnan Seric

This paper aims to identify the obstacles to attracting “quality” foreign direct investment (FDI) in middle-skill manufacturing activities, so as to inform an action-agenda for policies that will help developing and emerging market economies to link into global supply chains while building backward linkages deep into their own economies. The evidence reviewed here shows positive benefits from external advice […]


When do Multinational Companies Consider Corporate Social Responsibility? A Multi-Country Study in Sub-Saharan Africa

10th November 2016
KCG Secretary
Authors: Holger Görg, Aoife Hanley, Stefan Hoffmann and Adnan Šerić (Business & Society Review, 2017, Vol. 122(2), 191-220)

While African countries are becoming more and more relevant as host countries for suppliers of multinational companies little is known about corporate social responsibility (CSR) in this region. To fill this gap, the present paper explores CSR considerations of foreign affiliates of multinational companies when choosing local African suppliers. The paper suggests a model of three types of determinants, namely firm characteristics, exports[…]


Linkages with Multinationals and Domestic Firm Performance: The Role of Assistance for Local Firms

10th November 2016
KCG Secretary
Authors: Holger Görg and Adnan Šerić (European Journal of Development Research, 2016, Vol. 28(4), 605-624)

This paper uses firm level data for 19 African countries to look at the link between domestic firms’ business relationship with multinationals and their performance in terms of innovation and productivity. Quite uniquely, we also evaluate the importance of support received by the domestic firm, either from the government or the multinational business partner, for this link. Overall, our data analysis shows that for the average domestic firm, supplying to a foreign multinational in the country is positively associated with product innovation. Buying from a multinational is positively associated with labour productivity. These results are independent of any type of support from the government or multinationals […]