North-South Globalization and Foreign Direct Investment
North-South Globalization and Foreign Direct Investment
Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9783658228101
Condition
New
Product Description
Jakob Schwab analyzes central mechanisms in the systematic economic interaction between rich and poor countries. He focuses on the drivers and effects of investment in developing countries and shows that predictions of standard economic 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 enterprises are perceived differently in countries of different development structures.
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