In the current context of increasing globalisation, there exist many arguments against it in that it does not benefit the poor. Globalisation through foreign direct investment (FDI) might do nothing for the poor since foreign investors usually recruit skilled workers who are likely to be...

International analysis of economic growth has confirmed the theoretical assumption that international variations in per capita income can to a large extent be explained by differences in the accumulation of capital and human capital and by differing rates of technological progress. However,...