Download or read book Essays on foreign direct investment and income inequality and cross price effects in the United States trade balance written by Bornali Bhandari and published by . This book was released on 2006 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays on Foreign Direct Investment and Income Inequality and Cross price Effects in the U S Trade Balance written by Bornali Bhandari and published by . This book was released on 2006 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Foreign Direct Investment in U S Manufacturing written by James A. Orr and published by . This book was released on 1990 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book An Analysis of U S Foreign Direct Investment Policy and Economic Development written by C. Fred Bergsten and published by . This book was released on 1976 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: Working paper analysing the impact of USA investment policy, the role of USA multinational enterprise, and the effects of private investment foreign investment in developing countries - includes references and statistical tables.
Download or read book Foreign Direct Investment written by James K. Jackson and published by . This book was released on 1989 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book General Effects of Foreign Direct Investment on the Pattern of Development Trade and Growth written by Ira Steven Saltz and published by . This book was released on 1989 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Causes and Consequences of Income Inequality written by Ms.Era Dabla-Norris and published by International Monetary Fund. This book was released on 2015-06-15 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.
Download or read book Globalisation Through Trade and Foreign Direct Investment written by Statistical Office of the European Communities and published by . This book was released on 1998 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Foreign Direct Investment Income Inequality and Poverty written by Dirk Willem te Velde and published by . This book was released on 2004-09-01 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays on Foreign Direct Investment and Exchange Rate written by and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: It has long been observed that the change in exchange rate of a country is positively correlated with Foreign Direct Investment (FDI) inflow into its border. This thesis provides an explanation of this positive correlation, examines the implied welfare effects of short run FDI flows, and offers policy suggestions. We examine firms' cross-border production location decisions in an open-economy macroeconomic model, in which both the exchange rate and FDI flow are endogenously determined. It is argued that the change in the relative real wage caused by nominal rigidities in wage-setting is the underlying cause of the observed correlation. Furthermore, it is shown that these short run fluctuations in FDI speed up the convergence of the economy back to its long run equilibrium, but further exacerbate the inefficiencies in aggregate employments in both countries. Welfare analysis shows that when monetary volatility is sufficiently high, prohibiting FDI increases world utility. Yet the first best outcome can be achieved if long term FDI is retained, but short run variations in production location is disallowed. The theory predicts that industries characterized by wider practice of unionization and collective wage bargaining, and industries with higher labor intensities of production, should exhibit higher level of exchange rate-FDI correlations. Given that short run firm relocation is shown to magnify business cycle fluctuations, we then analyze how monetary policy can be designed to mitigate the above-mentioned inefficiency. Specifically, we examine the effects of output gap response in a Taylor-type interest rate rule. Previous literature has emphasized that, when real shocks cause the natural level of output to deviate from steady state, responding to output gap causes distortion. We show that when multinationals exist, output gap response is an effective mechanism to discourage temporary firm relocation. We compute and compare the expected world utility under different environment, and conclude that in every situation, a mild output response always improve welfare.
Download or read book Income Distribution Intra industry Trade and Foreign Direct Investment in East Asia written by Chʻan-hyŏn Son and published by KIEP. This book was released on 2004 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Foreign Direct Investment in the U S written by Robert E. Lipsey and published by . This book was released on 1992 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: U.S. direct investment inflows in the 1980s were almost half the world's total. Even this large inflow leaves foreign firms employing less than 5 per cent of the U.S. labor force, but twice that share in manufacturing. That increase is related to the internationalization of production by foreign firms more than to competitive weakness of U.S. firms. Foreign affiliates import more relative to their exports than U.S. firms but are moving closer to the behavior of U.S. firms. The trade balances of both are sensitive to exchange rates. The financing of foreign direct investment from retained earnings dropped almost to zero in the 1980s. One reason is the rapid growth of this investment and another is its low profitability.
Download or read book Essays on the Relationships Between Foreign Direct Investment International Trade and Exchange Rate Volatility written by Bedassa Tadesse Ayele and published by . This book was released on 2003 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Foreign Direct Investment and Wage Inequality Across and Within Nations written by Weiyan Chen and published by . This book was released on 2002 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreign direct investment (FDI), the movement of long-term capital, has been increasingly important in the world economy since the early 1970s. Its growth rate outpaces that of trade in goods and gross national product (GNP) during the same period. Prior literature mostly focuses on either the causes (determinants) of FDI or its relationships with trade and economic growth. This dissertation investigates the consequences of FDI, especially its empirical effects on wages in developing and developed countries. Moreover, the differential effects of FDI on various types of labor within developing countries are estimated. Using an extension of a specific-factors model, a revenue (GNP) function framework with FDI is derived. From a translog specification of GNP function, the share of labor compensation in GNP is derived as a function of output prices, factor endowments and FDI. Data from the United Nations and the World Bank, for 1975-1995, are used to estimate the labor share equations. Panel estimation procedures, complemented by specification tests and error structure analyses, are used since the data set includes 11 developing and 15 developed countries. Results suggest that inward FDI increases developing countries' wage rate, while outward FDI lowers the wage rate of developed countries. Thus, factor price equalization between developed and developing countries is observed as a result of FDI flows. Moreover, inward FDI raises skilled (non-agricultural) labor's wage, while lowering that of the unskilled (agricultural) labor. Thus, FDI is likely a source of income inequality within developing countries, although the overall wage rate increased due to FDI inflows. The effects of FDI on wage inequality within China are estimated to provide a case study. Results are similar to that of the cross-country case. Overall wage rate in China has increased with more FDI inflows, but the coastal provinces have benefited more than the interior provinces.
Download or read book Dissertation Abstracts International written by and published by . This book was released on 2007 with total page 678 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Trade Foreign Direct Investment and the Economic Environment written by P. K. Mathew Tharakan and published by . This book was released on 1998 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book sees a distinguished cost of economists tackle the most important and topical issues around international trade and direct investment.
Download or read book Financial Globalization and Inequality Capital Flows as a Two Edged Sword written by Mr.Barry J. Eichengreen and published by International Monetary Fund. This book was released on 2021-01-08 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: We review the debate on the association of financial globalization with inequality. We show that the within-country distributional impact of capital account liberalization is context specific and that different types of flows have different distributional effects. Their overall impact depends on the composition of capital flows, their interaction, and on broader economic and institutional conditions. A comprehensive set of policies – macroeconomic, financial and labor- and product-market specific – is important for facilitating wider sharing of the benefits of financial globalization.
