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The strikingly different labor market performance of major industrial countries suggests that neither globalization nor skill-biased technological change necessarily result in rising unemployment or declining wages of low-skilled workers. Rather, globalization and technological change cause...
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The demand of industrialized countries for a multilateral agreement on investment to be negotiated under the roof of … foreign direct investment (FDI) in developing countries. By contrast, the opponents consider such an agreement to be biased in … favor of business interests and against the development objectives of Third World economies. It is for various reasons that …
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We assess the role of capital goods imports and inflows of foreign direct investment (FDI) as transmission channels … depends on the BRICs’ local capacity to absorb superior technologies and on domestic investment. …
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The claim of globalization critics that the income gap to industrial countries is bound to widen for essentially all developing countries as a consequence of economic globalization is in conflict with empirical evidence. Economic performance differs tremendously across developing countries. We...
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