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employment creation nor the decrease in within-country inequality are automatically assured by increasing trade and FDI. The …In this paper an ex-post measurable definition of globalization has been used, namely increasing trade openness and FDI … other main findings of the paper are that: 1) the employment effect can be very diverse in different areas of the world …
Persistent link: https://www.econbiz.de/10005822450
Despite increasing average real family incomes in Costa Rica in the late 1990s and early 2000s, poverty rates did not … fall. In this paper, we argue that during this period economic growth in Costa Rica did not translate into reduced poverty …-employed workers. These labor market phenomena, in turn, contributed to low incomes for households vulnerable to poverty, especially …
Persistent link: https://www.econbiz.de/10005822543
The flow of foreign direct investment (FDI) has increased dramatically in the last two decades. However, the … distribution of FDI is highly unequal and the competition among countries to attract foreign investors is fierce. This report … investigates the determinants of FDI inflows to developing countries in general and to the Federal Region of Kurdistan (FRK) in …
Persistent link: https://www.econbiz.de/10005762073
Based on static analysis, a number of studies argue that forming a RTA is more likely to raise welfare if member countries are "natural trading partners," while other studies claim the opposite. This paper considers the argument from a dynamic viewpoint by examining the impact of trade with...
Persistent link: https://www.econbiz.de/10005703120
We review the large literature on various economic policies that could help developing economies effectively manage the process of financial globalization. Our central findings indicate that policies promoting financial sector development, institutional quality and trade openness appear to help...
Persistent link: https://www.econbiz.de/10005763826
less clear, but this masks an important and novel result. We find strong evidence that FDI and portfolio equity liabilities …
Persistent link: https://www.econbiz.de/10005822435
Despite the increasing importance of remittances in total international capital flows, the relationship between remittances and growth has not been adequately studied. This paper studies one of the links between remittances and growth, in particular how local financial sector development...
Persistent link: https://www.econbiz.de/10005566488
growth and employment in export sectors, we have not found that undervaluation would raise it. Replacing the multicurrency …
Persistent link: https://www.econbiz.de/10010891170
We study the causal impact of the minimum wage on employment and welfare in Thailand using a difference …
Persistent link: https://www.econbiz.de/10010884132
The paper examines the relative effectiveness of two policy proposals in reducing unemployment and working poverty … granted to all low-wage earners regardless of their employment history and are of limitless duration. Our analysis indicates … workers are (i.e. the more their wages rise with employment duration), the more effective will unemployment vouchers be …
Persistent link: https://www.econbiz.de/10005247692