Lee, Eddy and Vivarelli, Marco (2006) The Social impact of globalization in the developing countries. International Labour Review, 145 (3). pp. 167-184. ISSN 0020-7780
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In this paper an ex-post measurable definition of globalization has been used, namely increasing trade openness and FDI. A general result is that the optimistic HeckscherOhlin/Stolper-Samuelson predictions do not apply, that is neither employment creation nor the decrease in within-country inequality are automatically assured by increasing trade and FDI. The other main findings of the paper are that: 1) the employment effect can be very diverse in different areas of the world, giving raise to concentration and marginalisation phenomena; 2) increasing trade and FDI do not emerge as the main culprits of increasing within-country income inequality in DCs, although some evidence emerges that import of capital goods may imply an increase in inequality via skill-biased technological change; 3)increasing trade seems to foster economic growth and absolute poverty alleviation, although some important counter-examples emerge.
| Item Type: | Articles |
|---|---|
| Keywords: | Globalisation, Developing Countries, Trade, FDI, Economy, Employment, Poverty, Income, GDP |
| Subjects: | Right to Resources |
| Depositing User: | Chitti Babu ICSF |
| Date Deposited: | 31 May 2022 11:29 |
| Last Modified: | 31 May 2022 11:29 |
| URI: | http://icsfarchives.net/id/eprint/12725 |
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