Research

Dr. Drabek’ research work has covered different fields of international economics and of globalization.

Foreign investment disputes. 

Currently leading a 3-year research international project investigating economic aspects of foreign investment disputes. The research is carried out in collaboration with experts from New York University, University of Jerusalem, Arizona State University, Wilfrid Laurier University and Charles University, and it is funded by a grant from Grant Agency of Czech Republic (GACR) 18-04630S.  Already completed:

“National Levels of Corruption and Foreign Investment”; (with J.C. Brada, J.A. Mendez and M.F. Perez), Journal of Comparative Economics, forthcoming, 2019;

“The predictive power of soft information on defaults: Evidence from a Chinese P2P lending market”; (with Yao Wang and Zhengwei Wang); submitted to Journal of Banking and Finance;

Meta-Analysis: Impact of Bilateral and Plurilateral Agreements on FDI; already completed a comprehensive list of bibliography, coding of the information and the analysis is in progress;

Compilation of data base containing the publicly available information about all foreign investment disputes. The data has been transformed into a format ready for further econometric work;

 Foreign investment- Determinants

“The Effect of Home Country Corruption on Foreign Direct Investment”; (Jointly with Joe Brada and M. Fabrizio Perez), mimeo, Arizona State University, Department of Economics; (forthcoming in Review of Development Economics)

“Illicit Capital Flows as Motives for Foreign Direct Investment”; (Jointly with Joe Brada and M. Fabrizio Perez),  Journal of Comparative Economics;  2011;

“The Impact of Transparency on Foreign Direct Investment”; Journal of Economic Integration, Vol. 17,       (December 2002), No. 4, pp. 777-810. (with W. Payne).

Foreign Investment Policy

“Does Foreign Investment Protection Increase Foreign Investment? A Meta Analysis” (with J.C. Brada and I. Iwasaki): Journal of Economic Surveys, First published Open Access 30 September 2020,  https://doi.org/10.1111/joes.12392,  printed version, Journal of             Economic Surveys (2021), Vol. 35, No.1, pp.34–70.

“Regulation of Foreign Direct Investment”; Co-editor with professor Petros Mavroidis, Columbia University and European University Institute; New, York, London and Singapore: World Scientific Press; 2015.

“The Limits to the Harmonization of Domestic Regulations”; The Journal of International Trade and Diplomacy, Vol.2, (Spring 2008), No.1, pp.47 – 92.

“The Impact of Transparency on Foreign Direct Investment”; Journal of Economic Integration, Vol. 17,       (December 2002), No. 4, pp. 777-810. (with W. Payne).

” Trade and Investment Liberalization in Indonesia: Discussion”; in R. Grawe and A. Inotai (Eds.): Trade, Integration and Transition; Proceedings of the International Conference in Memoriam of Bela Balassa;         Budapest: The World Bank and Institute for World Economics of the Hungarian Academy of Sciences,              September 2002.

“Investment Policies and Telecommunications Regimes”; in P. Guerrieri and H.E. Scharer (Eds):  Trade, Investment and Competition Policies in the Global Economy:  The Case of International Telecommunications  Regime; Baden-Bade:: Nomos Verlagsgesellschaft, 2002,pp.283 -358.

“The Impact of Transparency on Foreign Direct Investment”; SSRN Abstracts and Papers, April 2000 and WTO Working Paper No. ERAD-99-02, 1999 (with Warren Payne). Also in Journal of Economic Integration, Vol.17, (December 2002), No. 4, pp.777-810.

“Multilateral Disciplines for Investment-Related Policies? Comments on Hoekman and Saggi” in Global Regionalism and Economic Convergence in Europe and East Asia:  The Need for Global Governance Regimes, P. Guerrieri and H.E. Scharrer (Eds.), Baden-Baden:  NOMOS-Verlagsgesellschaft, 2000.

“Multilateral Agreement on Foreign Investment:  Convincing the Sceptics”; Proceedings of Conference on “Regional Economic Integration and Global Economic Cooperation:  The Challenges for Industrial, Transitional and Developing Countries“;  The Hague: Dutch Ministry of Foreign Affairs, 18-19 November 1997.

“Liberalizing the Access of Western Service Firms into the Central European Markets:  The Case of the Czech Republic;  in M. Kostecki and A. Fehérvàry (Eds.):  Services in the Transition Economies – Business Options for Trade and Investments;  Oxford:  Pergamon and Elsevier, 1996, p.p. 65-92.

“Foreign Investment in Czechoslovakia:  Proposals for Fine-Tuning Measures of Policy Reform”; Prague:  Charles University, CERGE, Working Paper No. 4, 1992.

“Initial Impact of Privatization on the Expansion of Capital Markets in Central Europe”; in M. Lavigne (ed.):  “Mutations a l’Est:  Transition vers le Marché et Integration Est-Ouest”; Colloquium, Pau 3-6 September 1992.

Capital flows/ Convertibility/Globalization

“Regional Exchange Rate Arrangements: Some Lessons from Europe;  in J.J. Teunissen (Ed.): A Regional          Approach to Financial Crisis Prevention; The Hague: FONDAD, 2002.

“Policy Options for Advanced Countries to Address Current and Future Global Economic Imbalances: A Comment;  in J.J. Teunissen (Ed.): New Challenges of Crisis Prevention; The Hague: FONDAD, 2002.

“Whether and When to Liberalize Capital Account and Financial Services”; Geneva: WTO Working Paper, 1999- 02 (with John Williamson).

“Managing Capital Flows in Turbulent Times:  The Experience of Transition Economies in Global Perspective”;  (co-editor with S. Griffith-Jones),  San Diego, CA: E.M. Sharpe, 1999.

“The Policy Challenges of Global Financial Integration”; The Hague: FONDAD, 1998 (jointly with H.J. Witteveen, S. Griffith-Jones, P. Mistry and J.J. Teunissen).

“Regionalism and Global Economy:  The Case of Central and Eastern Europe”; (ed. J.J. Teunissen);  The Hague:  FONDAD 1997.

Financial Sector Reform in Central and Eastern Europe“;  (co-editor with S. Griffith-Jones), London; The MacMillan, 1994

“Managing Capital Inflows in CEEC”; Journal of Transforming Economies and Societies; Vol.4, (Autumn 1997), No. 4, pp.6-16.

“Regional and Sub-Regional Integration in Central and Eastern Europe:  An Overview”; in J. Teunissen (ed.); “Regionalism and Global Economy:  The Case of Central and Eastern Europe”; The Hague:  FONDAD 1997.

“Sustainability of Foreign Capital Flows into Central and Eastern Europe;  An Analysis of Instability Indicators”;  in Drabek and Griffith-Jones (1997).

“The Role of International Economic Institutions in Ensuring Sustainable Growth and Future Competitiveness for Transition Economies”; in P. Pissulla (Ed.) Economies in Transition and Globalized Markets:  The Challenge to International Economic Organizations; Lübeck: Dräger Foundation, XI Malenter Symposium, October 1996.

“Sub-regional Cooperation, the EU Enlargement and Market Access:  A Comment”; in S. Zecchini (Ed.):  Economic Transformation and Development of Central and Eastern Europe:  “What Lessons for the 1990’s“;  Paris:  OECD, Colloquium Proceedings, 1996.

“IMF and IBRD Policies in the Former Czechoslovakia”;  Journal of Comparative Economics, Vol. 20, (April 1995), No. 2, pp. 235-264.  Reprinted in R. Schönfeld (Ed.):  The Role of International Financial Institutions in Central and Eastern Europe;  Munich:  Südosteuropa – Gesellschaft, 1995, pp. 177-199.

“The Stability of Trade Policy in the Countries in Transition and Their Integration into the Multilateral Trading System;   World Economy, Vol. 19, (November 1996), No. 6, p.p. 721-745.

“Regionalism vs. Multilateralism in World Trade:  A Response to a Non.-Orthodox View”;  in Europe and Global Economic Interdependence; Bruges:  College of Europe, 1993.

“Payments Union, Costs of Production and Trade Complementarity in Central and Eastern Europe;  Brussels:  NATO Colloquium, Proceedings, 1992.

“Convertibility or a Payments Union? – Convertibility!”; Proceedings of the Conference on Eastern European Trade Policy Issues; London:  Chatham House and European Bank for Reconstruction and Development, 1992.

“The East European Response to the Debt Crisis:  Trade Diversion or a Statistical Aberration?”;  Comparative Economic Studies; Vol. XXX,  (Spring 1988), No. 1, pp.29-59.

“Changes in Relative World Prices and their Transmission into Economies Protected by Foreign Trade Monopoly”;  Economia Internazionale,.  Vol. XXXVI, 1983, No.1.

“The Transfer Problem Among Countries with Suppressed Inflation”; Proceedings to the 7th World Congress of the International Economic Association, Madrid:  Ilustre Colegio de Economistas de Madrid, 1983, Vol.2.

“External Disturbances and the Soviet Pattern of Adjustment in the 1970s”;  Aussenwissenschaft, (St. Gallen, Switzerland),  Vol.37, 1983, No.2.

International Trade and Trade Policy

“Is Sub-Saharan Africa an Optimal Currency Area?” in J.J. Teunissen and A.Akkerman (Eds) (2006): Africa in the World Economy; The Hague: FONDAD, 2006, pp.156 -69.

“Tracing the Effects of WTO Accession on Policy Making in Sovereign States”; World Economy, Vol.27, (2004), No.7, (with M. Bacchetta).

Effects of WTO Accession on Policy-Making in Sovereign States: in I. Burakovskii, L.Hendrich and L. Hoffmann (Eds.): Ukraine’s WTO Accession: Challenges for Domestic Economic Reforms; Heidelberg and New York:  Physica-Verlag 2004.

“Vliv Vstupu do COT na Formuvaniya Natcionalnoi Ekonomicheskoi Politiki: Poperedni Uroki z Neshchodavnogo Osbitu Krain z Perekhodoyu Ekonomikoyu (Effects of WTO Accession on Policy-Making in Sovereign States: Preliminary Lessons from the Recent Experience of Transition Countries); in I. Burakovskii, L.Hendrich and L. Hoffmann (Eds.): Vstup Ukraini do COT: Novii Viklik Ekonomichnii Reformi;Kyiev: International Renaissance Foundation, 2003 and Ukkraine’s WTO Accession: Challenge for Domestic Economic Reforms; Springer (Physica) Verlag. 2003.

“Nachhaltige Entwicklung und die Neue WTO-Runde: Eine NGO Perspektive“; Oesterreichs Aussenwirtschaft(Austrian Foreign Trade Yearbook); 2003; Vienna: Federal Ministry of Economy and Labour, March 2003.

“Can Trade Policy Help Mobilize Resources for Economic Development?” (with Sam Laird); University of  Nottingham, Centre for Research in Economic Development and International Trade, CREDIT  Research   Paper, No. 01/16

“Exchange Rate Regimes and the Stability of Trade Policy”; Journal of Comparative Economics, Vol.26, (December 1998) (with J.C. Brada), No. 4, pp.642-68.

“The New Liberalism:  Trade Policy Developments in Emerging Markets”; Geneva: WTO, Research Department Working Paper, 1997 (with S. Laird) and Journal of World Trade, Vol.32, (Oct.1998) No.5, pp.244-269.  Reprinted in “SADC/EU Trade Liberalization Seminar Report; Dar-es-Salaam, 5-7 May 1998″, published for SADC by Crown Agents, London, October 1998.

“Trade Performance and Trade Policy in Central and Eastern Europe; London: Centre for Economic Policy Research, Discussion Paper Series, No.1182, May 1995, (with Alasdair Smith).

“Trade and the Uruguay Round:  Some Misconceptions Dispelled”; in UNCTAD:  Globalization and Liberalization, Effects of International Relations on Poverty; Geneva:  UNCTAD, 1996.

“Natural Resource Intensity of Production Technology in Market and Planned Economies”; Journal of Comparative Economics, Vol.12,  (June 1988), No. 4, pp 217-228.

“Foreign Trade and Trade Policy”; in M. Kaser and E. Radice (eds.), Economic Development of Eastern Europe, 1920 – 1970;  Oxford:  Oxford University Press, 1985, Chapter 7, pp. 379‑478.

“A Comparison of Technology in Centrally-Planned and Market-Type Economies”; European Economic Review, Vol.25, 1984, pp. 293-318.

“The Impact of Technological Differences on East-West Trade”;  Weltwirtschaftliches Archiv, Band 119, 1983, Heft 4, pp.630-648.

“Terms of Trade of the Central and East European Countries, 1924-1938, with Special Reference to Trade with Germany”;  Proceedings of the Second World Congress for Soviet and East European Studies, Garmisch Partenkirchen;  Berkeley:  Berkeley Slavic Specialist, 1984.

“Exports of Primary Commodities and the Soviet Terms of Trade”; in M. Kostecki and R. Vernon (eds.), The Impact of the Soviet Union on World Commodity Markets, London:  MacMillan, 1984.

“Efficiency in Natural Resource Usage:  A Market vs. Central Planning Comparison”; Journal of Policy Modelling, Vol.3, Feb. 1981, No.1, pp. 19-35.

“An Econometric Model of Intra-CMEA Trade:  Discussion”;  in J.M. Montias and P. Marer (eds.),  Integration in Eastern Europe and East-West Trade;  Bloomington:  University of Indiana Press, 1980.

Multilateral trading system

“Is the WTO Attractive Enough for Emerging Economies? Critical Essays in the Multilateral Trading System” – 2010 in London:  Palgrave / MacMillan.

“Can Regional Trading Arrangements Enforce Trade Discipline?”; London:  Palgrave / MacMillan, 2005.

“Globalization Under Threat: The Stability of Trade Policy and International Agreements“; Northampton (US) and Cheltenham (UK): E. Elgar, 2001.

“Transition Countries at the Crossroad of Globalization and Regionalism”. Russian and East European Finance and Trade; M.E. Sharpe, March-April 2000, (Guest Editor).

D Phil Oxford University

“Natural Resource Content of Foreign Trade and Structural Bias“; Oxford, D. Phil. thesis, Oxford University, U.K.; digitized at Oxford, Bodleian Library, University of Oxford;