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The theoretical literature has discussed different channels through which foreign direct investments (FDI) promote host … country’s economic growth, but empirical analyses have so far been inconclusive. In this paper we provide evidence that FDI … capital accumulation. FDI not only contribute to physical capital accumulation, but also generate positive technological …
Persistent link: https://www.econbiz.de/10014177258
economic crises. The second part is the empirical part about the impacts of the crises on economic growth, employment …, remittances and poverty in Indonesia. One important finding from this study is that the Indonesian economy was much more resilient … poverty increased significantly; whereas during the second one, Indonesia managed to keep a positive economic growth rate …
Persistent link: https://www.econbiz.de/10009644895
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/10010267341
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
For three years after the typical developing country opens its stock market to inflows of foreign capital, the average annual growth rate of the real wage in the manufacturing sector increases by a factor of seven. No such increase occurs in a control group of developing countries. The temporary...
Persistent link: https://www.econbiz.de/10014209305
We discuss past performance and future challenges for the countries of Central and Eastern Europe (CEE). We highlight the successful convergence process of those countries, not least thanks to their integration into European and global value chains. As the external environment changes, so...
Persistent link: https://www.econbiz.de/10014555560
The study investigates the impact of trade liberalization on employment, its consequence to poverty reduction and how … trade openness affects economic development in Pakistan. Although, increase in poverty and unemployment is observed, this …
Persistent link: https://www.econbiz.de/10012896272
benefits, measured interms of employment, investment and economic growth, falling povertyand enabling some nations to catch up …
Persistent link: https://www.econbiz.de/10010763355
Starting from the perspective of heterodox Keynesian-Minskyian-Kindlebergian financial economics, this paper begins by highlighting a number of mechanisms that contributed to the current financial crisis. These include excess liquidity, income polarisation, conflicts between financial and...
Persistent link: https://www.econbiz.de/10013152279
Starting from the perspective of heterodox Keynesian-Minskyian-Kindlebergian financial economics, this paper begins by highlighting a number of mechanisms that contributed to the current financial crisis. These include excess liquidity, income polarisation, conflicts between financial and...
Persistent link: https://www.econbiz.de/10005056491