We study a simple neoclassical model of investment in a developing country, modified to allow for long-term projects … and short-term debt. Early signals indicating low productivity of investment may lead creditors to call loans in early. In …, and thus no need to liquidate capital, investment, the capital-labor ratio, wages and ex post worker utility are all …

a new capital good may require on-the-job training or fresh investment in the educational system or even physical …

The Globalization and Development Reader builds on the success of From Modernization to Globalization, published by the …) / Saskia Sassen -- Globalization : myths and realities (1996) / Philip McMichael -- Competing conceptions of globalization … global economy and developing countries : making openness work (1999), and Has globalization gone too far? (1997) / Dani …