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For decades, manufacturers around the world have outsourced production to countries with lower labor costs. However, there is a concern that robotization in high-income countries will challenge this shifting international division of labor known as the "flying geese" paradigm. Greenfield foreign...
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This paper provides insights to inform government efforts to attract and retain foreign direct investment, by analyzing the results of a survey of more than 2,400 affiliates of multinational enterprises across 10 middle-income countries. The paper explores corporate perspectives and...
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This paper analyzes whether taxation can be successfully used to reduce the incidence of labor informality and achieve … market and lower productivity. To illustrate the potential role of taxation in achieving a more fair income distribution, the … effects of taxation are seen in the context of the trade-offs between growth, labor formality and equity. The analysis …
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"Globalization brings opportunities and pressures for domestic firms in emerging markets to innovate and improve their competitive position. Using data on firms in 27 transition economies, the authors test for the effects of globalization through the impact of increased competition and foreign...
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