The social impact of globalization in the developing countries

Fuente: Organización Internacional del Trabajo (OIT)
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Autores principales: Eddy Lee, Marco Vivarelli
Formato: Artículo científico
Publicado: International Labour Organization 2006
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author Eddy Lee
Marco Vivarelli
author_facet Eddy Lee
Marco Vivarelli
Eddy Lee
Marco Vivarelli
contents The social impact of globalization in the developing countries Eddy Lee Marco Vivarelli Based on an extensive literature survey, the authors investigate the impact of increasing foreign direct investment and trade openness on employment, income inequality and poverty in developing countries. The first conclusion they reach is that the current wave of globalization does not automatically produce the positive effects predicted by standard trade theory. Particular outcomes tend to be country- or sector-specific. A developing country’s ability to benefit from globalization, while avoiding negative effects, is determined by institutional and endowment factors that can be addressed by sound policy-making. The article concludes with some suggestions aimed at maximizing positive effects in this way. publication.journalArticle
format Artículo científico
id ilo_995219049402676
institution Organización Internacional del Trabajo (OIT)
publishDate 2006
publisher International Labour Organization
spellingShingle The social impact of globalization in the developing countries
Eddy Lee
Marco Vivarelli
The social impact of globalization in the developing countries Eddy Lee Marco Vivarelli Based on an extensive literature survey, the authors investigate the impact of increasing foreign direct investment and trade openness on employment, income inequality and poverty in developing countries. The first conclusion they reach is that the current wave of globalization does not automatically produce the positive effects predicted by standard trade theory. Particular outcomes tend to be country- or sector-specific. A developing country’s ability to benefit from globalization, while avoiding negative effects, is determined by institutional and endowment factors that can be addressed by sound policy-making. The article concludes with some suggestions aimed at maximizing positive effects in this way. publication.journalArticle
title The social impact of globalization in the developing countries
url https://researchrepository.ilo.org/esploro/outputs/journalArticle/The-social-impact-of-globalization-in/995219049402676