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This paper investigates the effects of multinational corporations on labor standards. We argue that the previous … stylized model of segmented labor markets with equilibrium unemployment where parts of the labor force are willing to accept … reductions in their labor standards to attract job-creating horizontal foreign direct investment. By disentangling US FDI data …
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effect of globalization on labor rights is ambiguous.Empirically, we find little evidence that globalization drives movements … in labor rights in either direction …
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Foreign direct investment (FDI) has grown far more rapidly than trade during the last two decades. As with the other prominent features of globalisation, FDI is controversial. The impact of FDI on labour markets has been of growing concern, particularly, for source countries. The deterioration...
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