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  • Is Digitalization a Pull Factor for Foreign Direct Investment?

    Ashish Khobragade, Alisha George, Sarat Chandra Dhal, Shivam

    The boom in digitalization post-2010 gained further momentum post-covid-19. Against this background, the paper is trying to gauge whether the extent of digitalization of a country is a pull factor for Foreign Direct Investment (FDI). In the literature review, the paper identifies five channels: productivity channel, startup channel, information channel, trade channel, and ease of scalability channel through which digitalization may attract FDI to the host country. Using panel data techniques over a cross-section of 40 countries, we evaluate the effect of higher digitalization along with the longstanding traditional determinants of FDI in this paper. The paper finds that digitalization as proxied by smartphone penetration and individuals using internet as percentage of population have positive and significant effect on FDI inflows in dynamic panel specification. In this light, the paper has important policy implications for furthering digital penetration and building digital infrastructure to bring in a virtuous cycle of investment and productivity.

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  • Constitutional Economic Considerations for Safeguarding Critical-informative Journalism

    Christoph Bertling

    Modern journalism exhibits strong tendencies toward market failure. In recent decades, cases of fraud, manipulation of information, inaccurate research, and fake news have repeatedly been published. This article explores possible solutions based on constitutional economic considerations. It demonstrates that a societal effort is needed to strengthen journalism as a democratically important communication channel so that it comprehensively serves the social welfare of society.

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  • A Fair Voting Mechanism for Food Distribution Network Design Based on Economic and Sustainability Factors

    Debdatta Sinha Roy

    Governments from developing nations need to build green cities,and food distribution man-agement plays a pivotal role.Distribution network design decisions for setting up warehousesand building road networks need to be based on various economic and sustainability factors.We present a fair voting mechanism to easily choose the best possible set of options by seam-lessly considering the different factors.In the processwe make some good contributions tothe social choice literature.

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  • Facilitating Vietnam - Russia Trade in the New Perspective

    Nguyen Van Hoi

         Vietnam and Russia have developed relations in all channels and fields, from party, government, and parliament channels to cooperation between localities and people-to-people diplomacy. However, bilateral trade relations are not commensurate with the overall comprehensive strategic partnership between Vietnam - Russia. The total two-way import-export turnover between Vietnam and Russia only accounts for about 0.5% of the total foreign trade turnover of each country. During the 2015-2024 period, the total two-way import-export turnover of goods between Vietnam and Russia increased by an average of 10.8% per year. However, the import-export turnover between Vietnam and Russia has increased unevenly between years. The article is conducted using the method of analysis and synthesis, qualitative research method and expert method, taking advantage of the knowledge and experience of experts on Vietnam - Russia trade facilitation. Through direct consultation and exchange with scientists, managers, and businesses in Vietnam and in Moscow and St. Petersburg, Russia, the result is the ineffectiveness of cooperation mechanisms to facilitate trade between the two countries. Vietnam and Russia are opening up a new perspective for Vietnam - Russia cooperation in the coming period. In that context, it is necessary to have solutions to enhance the facilitation of Vietnam - Russia trade. That is necessary to effectively implement bilateral agreements between Vietnam and Russia on trade facilitation; exploiting the Vietnam - Eurasian Economic Union Free Trade Agreement; signing a bilateral Free Trade Agreement; signing an Investment Promotion and Protection Agreement; adjusting the Vietnam’s Strategy for Import and Export of Goods.

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