North-South Globalization and Foreign Direct Investment

1. Front Matter

   Pages I-XII

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2. Introduction

   • Jakob Schwab

   Pages 1-5

3. The Mixed Blessing of FDI: Two-Way Capital Flows and Growth

   • Jakob Schwab

   Pages 7-44

4. Reaping the Gains: Specialization and Capital Flows

   • Jakob Schwab

   Pages 45-87

5. Like it or Not? How the Economic and Institutional Environment Shapes Individual Attitudes towards Multinational Enterprises

   • Jakob Schwab

   Pages 89-127

6. Conclusion and Outlook

   • Jakob Schwab

   Pages 129-132

7. Back Matter

   Pages 133-143

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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.

• North-South Globalization
• Foreign Direct Investment
• Development Macroeconomics
• Middle-Income Trap
• Trade and Capital Flows
• Multinational Enterprises
• Two-Way Capital Flows
• International Income Divergence
• Attitudes towards Globalization

• Bonn, Germany

  Jakob Schwab

Jakob Schwab is a postdoctoral researcher in International Economics at the German Development Institute (Deutsches Institut für Entwicklungspolitik, DIE/GDI).

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