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This study examines whether jobs created as a result of foreign direct investment (FDI) inflows can be considered to be good jobs both from the worker's and the country's perspective. For the worker, such jobs are likely to pay higher wages than jobs in indigenous firms in developing countries,...
Persistent link: https://www.econbiz.de/10012644384
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The conventional wisdom on firm dynamics, productivity growth, and job creation in developing countries is based on data that, by design, excludes a vast number of micro- and small enterprises, many of which are informal. Some may not view this exclusion as an issue, on the grounds that the...
Persistent link: https://www.econbiz.de/10012702586
Institutional constraints and weak capacity often hamper the ability of local governments in developing countries to steer urbanization. As a result, there are not enough cities to accommodate an unabated rural-urban migration and many of those that exist are messy, sprawling, and disconnected....
Persistent link: https://www.econbiz.de/10014366543
Institutional weaknesses limit the capacity of local governments to support efficient urbanization in developing countries. They also lead to the emergence of large developers with the clout to build entire cities. This paper analyzes the urbanization process when local governments are weak and...
Persistent link: https://www.econbiz.de/10013208986
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Institutional weaknesses limit the capacity of local governments to support efficient urbanization in developing countries. They also lead to the emergence of large developers with the clout to build entire cities. This paper models the urbanization process when local governments are weak and...
Persistent link: https://www.econbiz.de/10014262233
Persistent link: https://www.econbiz.de/10003039606
Are jobs created by foreign investors good jobs? The evidence reviewed in this article is consistent with the view that jobs created by FDI are good jobs, both from the worker's and the country's perspective. From the worker's perspective, this is because such jobs are likely to pay higher wages...
Persistent link: https://www.econbiz.de/10012973070
The debate on trade and growth increasingly focuses on the composition of exports. Exports of more "sophisticated" products appear to be positively correlated with growth, and upgrading the quality of exports is high on the policy agenda of many countries. This study presents evidence suggesting...
Persistent link: https://www.econbiz.de/10003922581