analysis may turn around when accounting for peculiarities of North-South globalization. The author shows how endowments with … educational skill levels may lead to complementarity between trade and capital inflows, how inflows of direct investment capital … may hinder income growth in poor countries, and how the distributional effects of the presence of multinational …

Foreign direct investment (FDI) has grown far more rapidly than trade during the last two decades. As with the other … effects that, at least in the short- and medium-run, may well dwarf the effects of trade and immigration. In this paper, we … Handel. Ähnlich wie andere bekannte Begleiterscheinungen der Globalisierung sind ausländische Direktinvestitionen umstritten …

impact of this phenomenon on rich countries have stressed either a (positive) productivity effect associated with increased … gains from trade, or a (negative) terms of trade effect linked with the vanishing effect of distance on wages. This paper … offshoring in the short run and in the long run (when technology levels are endogenous). The short-run analysis shows that when …