Foreign Direct Investment,Income Inequality and Poverty

Foreign Direct Investment,Income Inequality and Poverty PDF Author: Dirk Willem te Velde
Publisher:
ISBN: 9780850037289
Category : Income distribution
Languages : en
Pages : 166

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Book Description

Foreign Direct Investment,Income Inequality and Poverty

Foreign Direct Investment,Income Inequality and Poverty PDF Author: Dirk Willem te Velde
Publisher:
ISBN: 9780850037289
Category : Income distribution
Languages : en
Pages : 166

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Book Description


Foreign Direct Investment and Poverty Reduction

Foreign Direct Investment and Poverty Reduction PDF Author: Michael U. Klein
Publisher: World Bank Publications
ISBN:
Category : Crecimiento economico
Languages : en
Pages : 50

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Book Description
In the 1990s, foreign direct investment began to swamp all other cross-border capital flows into developing countries. Does foreign direct investment support sound development? In particular, does it contribute to poverty reduction?

Financial Globalization and Inequality: Capital Flows as a Two-Edged Sword

Financial Globalization and Inequality: Capital Flows as a Two-Edged Sword PDF Author: Mr.Barry J. Eichengreen
Publisher: International Monetary Fund
ISBN: 1513566385
Category : Business & Economics
Languages : en
Pages : 37

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Book Description
We review the debate on the association of financial globalization with inequality. We show that the within-country distributional impact of capital account liberalization is context specific and that different types of flows have different distributional effects. Their overall impact depends on the composition of capital flows, their interaction, and on broader economic and institutional conditions. A comprehensive set of policies – macroeconomic, financial and labor- and product-market specific – is important for facilitating wider sharing of the benefits of financial globalization.

Foreign Direct Investment and Income Inequality

Foreign Direct Investment and Income Inequality PDF Author: Shu-Chin Lin
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
This paper empirically examines whether human capital defines the association between foreign direct investment (FDI) and income inequality. Rather than focusing on one country or region, we investigate with a broad cross section of countries to address parameter heterogeneity across countries. Using the instrumental variable threshold regressions approach, we find a significant threshold level of human capital, below which FDI exerts a disproportionately positive (negative) impact on the relatively poor (rich) and hence improves income distribution. Beyond this critical level, however, FDI benefits (harms) the nonpoor (nonrich) most and thus exacerbates income inequality.

Understanding Globalization, Employment and Poverty Reduction

Understanding Globalization, Employment and Poverty Reduction PDF Author: E. Lee
Publisher: Palgrave Macmillan
ISBN: 9781349728367
Category : Business & Economics
Languages : en
Pages : 389

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Book Description
Do accelerating trade and foreign direct investment - experimented by most developing countries in the 1990s - imply a positive, negative, or neutral impact in terms of employment, income inequality and poverty alleviation? This book provides some empirically-tested answers to this question using an open-minded, unconventional economic approach and deriving original policy implications.

Foreign Direct Investment in Developing Countries

Foreign Direct Investment in Developing Countries PDF Author: Sarbajit Chaudhuri
Publisher: Springer
ISBN: 8132218981
Category : Business & Economics
Languages : en
Pages : 327

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Book Description
In development literature Foreign Direct Investment (FDI) is traditionally considered to be instrumental for the economic growth of all countries, particularly the developing ones. It acts as a panacea for breaking out of the vicious circle of low savings/low income and facilitates the import of capital goods and advanced technical knowhow. This book delves into the complex interaction of FDI with diverse factors. While FDI affects the efficiency of domestic producers through technological diffusion and spill-over effects, it also impinges on the labor market, affecting unemployment levels, human capital formation, wages (and wage inequality) and poverty; furthermore, it has important implications for socio-economic issues such as child labor, agricultural disputes over Special Economic Zones (SEZ) and environmental pollution. The empirical evidence with regard to most of the effects of FDI is highly mixed and reflects the fact that there are a number of mechanisms involved that interact with each other to produce opposing results. The book highlights the theoretical underpinnings behind the inherent contradictions and shows that the final outcome depends on a number of country-specific factors such as the nature of non-traded goods, factor endowments, technological and institutional factors. Thus, though not exhaustive, the book integrates FDI within most of the existing economic systems in order to define its much-debated role in developing economies. A theoretical analysis of the different facets of FDI as proposed in the book is thus indispensable, especially for the formulation of appropriate policies for foreign capital.

Foreign Direct Investment as a Tool for Poverty Reduction in Developing Countries

Foreign Direct Investment as a Tool for Poverty Reduction in Developing Countries PDF Author: Ronald K.S. Wakyereza
Publisher: Cambridge Scholars Publishing
ISBN: 1527541665
Category : Business & Economics
Languages : en
Pages : 389

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Book Description
The textbook experience of poverty can be witnessed in a number of developing countries in Sub-Saharan Africa, South-East Asia and Latin America. Accordingly, Foreign Direct Investment (FDI) has been identified as an important tool for poverty reduction, as it is noted to accelerate economic growth and employment in a nation, and is currently an essential issue for countries such as Uganda. This book finds that Ragnar’s 1953 ‘Vicious-Circle of Poverty’ remains undisputed even today, showing that attracting FDI is not the end, but that a nation’s absorption capacity is equally paramount. The implications of the FDI ‘frog-leap theory’ for developing countries and the Community Capital Absorption Capacity Development (CCACD) framework provide plausible poverty reduction approaches in the 21st century. Without such measures, bringing an end to poverty is likely to elude governments and multinational corporations in developing countries.

Foreign Direct Investment and the Chinese Economy

Foreign Direct Investment and the Chinese Economy PDF Author: Chunlai Chen
Publisher: Edward Elgar Publishing
ISBN: 1785369733
Category : China
Languages : en
Pages : 201

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Book Description
Foreign Direct Investment and the Chinese Economy provides a comprehensive overview of the impact of foreign direct investment, with extensive empirical evidence, on the Chinese economy over the last three and a half decades.

Can We Discern the Effect of Globalization on Income Distribution?

Can We Discern the Effect of Globalization on Income Distribution? PDF Author: Branko Milanovi?
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 28

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Book Description


Links Between Growth, Inequality, and Poverty: A Survey

Links Between Growth, Inequality, and Poverty: A Survey PDF Author: Ms. Valerie Cerra
Publisher: International Monetary Fund
ISBN: 1513572660
Category : Business & Economics
Languages : en
Pages : 54

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Book Description
Is there a tradeoff between raising growth and reducing inequality and poverty? This paper reviews the theoretical and empirical literature on the complex links between growth, inequality, and poverty, with causation going in both directions. The evidence suggests that growth can be effective in reducing poverty, but its impact on inequality is ambiguous and depends on the underlying sources of growth. The impact of poverty and inequality on growth is likewise ambiguous, as several channels mediate the relationship. But most plausible mechanisms suggest that poverty and inequality reduce growth, at least in the long run. Policies play a role in shaping these relationships and those designed to improve equality of opportunity can simultaneously improve inclusiveness and growth.