This policy paper critically examines the evolution, effectiveness, and shortcomings of Nepal’s investment, industrial, and trade policies over the past nine decades. Despite various reforms and liberalization efforts, Nepal has failed to attract…
Spillover Effects of Government Subsidies On Outward Foreign Direct Investment: Evidence from China.
We examine the effect of government subsidies on outward foreign direct investment (OFDI) by Chinese listed firms. Based on a panel dataset covering Chinese listed firms from 2009 to 2021, our findings indicate that government subsidies can promote…