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Foreign Direct Investment and Poverty Reduction by Michael U. Klein,Carl Aaron,Bita Hadjimichael Pdf
In the 1990s, foreign direct investment began to swamp all other cross-border capital flows into developing countries. Does foreign direct investment support sound development? In particular, does it contribute to poverty reduction?
Foreign Direct Investment as a Tool for Poverty Reduction in Developing Countries by Ronald K.S. Wakyereza Pdf
The textbook experience of poverty can be witnessed in a number of developing countries in Sub-Saharan Africa, South-East Asia and Latin America. Accordingly, Foreign Direct Investment (FDI) has been identified as an important tool for poverty reduction, as it is noted to accelerate economic growth and employment in a nation, and is currently an essential issue for countries such as Uganda. This book finds that Ragnar’s 1953 ‘Vicious-Circle of Poverty’ remains undisputed even today, showing that attracting FDI is not the end, but that a nation’s absorption capacity is equally paramount. The implications of the FDI ‘frog-leap theory’ for developing countries and the Community Capital Absorption Capacity Development (CCACD) framework provide plausible poverty reduction approaches in the 21st century. Without such measures, bringing an end to poverty is likely to elude governments and multinational corporations in developing countries.
Foreign Direct Investment and Poverty Reduction by Michael U. Klein Pdf
In the 1990s, foreign direct investment began to swamp all other cross-border capital flows into developing countries. Does foreign direct investment support sound development? In particular, does it contribute to poverty reduction?Foreign direct investment is a key ingredient of successful economic growth and development in developing countries - partly because the very essence of economic development is the rapid and efficient transfer and cross-border adoption of quot;best practices.quot; Foreign direct investment is especially well suited to effecting this transfer and translating it into broad-based growth, not least by upgrading human capital.Growth is the single most important factor in poverty reduction, so foreign direct investment is also central to achieving that important World Bank goal. Government-led programs that improve social safety nets and explicitly redistribute assets and income might direct more of the fruits of growth to the poor. But these are complements - not alternatives - to sensible growth-oriented policies. And growth is needed to fund these government-led programs.Moreover, the delivery of social services to the poor - from insurance schemes to such basic services as water and energy - can clearly benefit from reliance on foreign investors.In short, foreign direct investment remains one of the most effective tools in the fight against poverty.This paper - a product of the Private Sector Advisory Services Department - is part of a larger effort in the department to analyze the role of private sector development in poverty reduction.
Poverty Reduction Policies and Practices in Developing Asia by Almas Heshmati,Esfandiar Maasoumi,Guanghua Wan Pdf
This book looks at the major policy challenges facing developing Asia and how the region sustains rapid economic growth to reduce multidimensional poverty through socially inclusive and environmentally sustainable measures. Asia is facing many challenges arising from population growth, rapid urbanization, provision of services, climate change and the need to redress declining growth after the global financial crisis. This book examines poverty and related issues and aims to advance the development of new tools and measurement of multidimensional poverty and poverty reduction policy analysis. The book covers a wide range of issues, including determinants and causes of poverty and its changes; consequences and impacts of poverty on human capital formation, growth and consumption; assessment of poverty strategies and policies; the role of government, NGOs and other institutions in poverty reduction; rural-urban migration and poverty; vulnerability to poverty; breakdown of poverty into chronic and transitory components; and a comparative study on poverty issues in Asia and other regions. The book will appeal to all those interested in economic development, resources, policies and economic welfare and growth.
Foreign Direct Investment and Its Contributions to Economic Growth and Poverty Reduction in Vietnam (1986-2001) by Thi Phuong Hoa Nguyen Pdf
During the 1990s, Vietnam experienced high economic growth, significant reduction in poverty and remarkable inflows of foreign direct investment. The book aims at examining impacts of foreign direct investment on economic growth and poverty reduction in Vietnam during 1986-2001 analytically and empirically. The triangulation methodology is used. Conclusions are that foreign direct investment contributed significantly to Vietnam's growth and this worked mainly through capital accumulation and intra-industry spillover. Economic growth in turn reduced poverty. Direct impact of foreign direct investment on poverty was insignificant at the national level but significant in three localities where most foreign investors located. Foreign direct investment thus helped reduce poverty in Vietnam.
Author : Ann Harrison Publisher : University of Chicago Press Page : 675 pages File Size : 41,5 Mb Release : 2007-11-01 Category : Business & Economics ISBN : 9780226318004
Over the past two decades, the percentage of the world’s population living on less than a dollar a day has been cut in half. How much of that improvement is because of—or in spite of—globalization? While anti-globalization activists mount loud critiques and the media report breathlessly on globalization’s perils and promises, economists have largely remained silent, in part because of an entrenched institutional divide between those who study poverty and those who study trade and finance. Globalization and Poverty bridges that gap, bringing together experts on both international trade and poverty to provide a detailed view of the effects of globalization on the poor in developing nations, answering such questions as: Do lower import tariffs improve the lives of the poor? Has increased financial integration led to more or less poverty? How have the poor fared during various currency crises? Does food aid hurt or help the poor? Poverty, the contributors show here, has been used as a popular and convenient catchphrase by parties on both sides of the globalization debate to further their respective arguments. Globalization and Poverty provides the more nuanced understanding necessary to move that debate beyond the slogans.
Dirk Willem te Velde,Overseas Development Institute (London, England),Dirk Willem
Author : Dirk Willem te Velde,Overseas Development Institute (London, England),Dirk Willem Publisher : Unknown Page : 166 pages File Size : 44,8 Mb Release : 2004-09-01 Category : Income distribution ISBN : 085003728X
Wealth Creation and Poverty Reduction: Breakthroughs in Research and Practice by Management Association, Information Resources Pdf
One of the major tools of attaining proper development all around the world is creating wealth and economic inclusion, such that all classes of people can secure their lifestyles through access to financial services from formal sectors. Expanding access to resources and increasing self-employment opportunities help reduce poverty and improve social development. Wealth Creation and Poverty Reduction: Breakthroughs in Research and Practice examines trends, challenges, issues, and strategies related to the creation of livelihood options through the redistribution of resources, foreign aid, private sector activities, and other methods. Highlighting a range of topics such as microfinance, poverty alleviation, and socio-economic development, this publication is an ideal reference source for government officials, policymakers, executives, economists, analysts, researchers, academicians, professionals, and students interested in wealth creation in areas of extreme poverty.
Accelerating Growth and Poverty Reduction by Arvind Virmani Pdf
This Book Is Based On Policy Papers Written During The Nineties At The Ministry Of Finance. The Fundamental Objective Of Economic Policy Is To Generate Equitable Economic Growth And Thus Bring About The Increased Well Being Of All Citizens. The Goal Of These Policy Papers Was To Remove Policy Distortions That Were Hindering Growth And Productivity And To Introduce Economic And Institutional Reforms That Would Accelerate Growth. The Policy Recommendations Were Shaped By Theory And Empirical Evidence On The One Hand, And By Institutional/Organisational And Socio-Political Constraints On The Other.
Understanding Globalization, Employment and Poverty Reduction by E. Lee,M. Vivarelli Pdf
Do accelerating trade and foreign direct investment - experimented by most developing countries in the 1990s - imply a positive, negative, or neutral impact in terms of employment, income inequality and poverty alleviation? This book provides some empirically-tested answers to this question using an open-minded, unconventional economic approach and deriving original policy implications.
Regional Integration and Poverty by Dirk Willem te Velde,the Overseas Development Institute Pdf
Relatively little is known about how regional integration affects poverty. Many suggest that increased investment would be one of the benefits of agreeing on regional integration provisions but this has not been put to the empirical test for South-South integration. This volume examines the channels through which regional integration affects poverty and empirically analyzes the effects on foreign direct investment.
The Private Sector and Poverty Reduction by Kate Raworth,Sumi Dhanarajan,Liam Wren-Lewis Pdf
Many commentators claim a key role for the private sector in reducing poverty. This can be achieved through direct benefits, such as the adoption of ethical business practices and the provision of employment, goods, and services to the poor; and through indirect positive impacts on macro-economic policy and business development. This paper argues that the likelihood of business impacts being pro-poor depends also on wider policy and structural conditions. These include the importance of poor people in a company's business model, and the length of local investment and commitment that this demands. Case studies of three companies demonstrate the importance of legislation and civil society as catalysts for pro-poor change in business. Leadership from within the company and a strong business case are also essential. However, multiple entrenched problems with modern capitalist systems work against positive change within international business. Overcoming or mitigating these will be necessary if the pro-poor potential of he private sector is to be realised.
Foreign Direct Investment in South Asia by Pravakar Sahoo,Geethanjali Nataraj,Ranjan Kumar Dash Pdf
During the 1990s, the governments of South Asian countries acted as ‘facilitators’ to attract FDI. As a result, the inflow of FDI increased. However, to become an attractive FDI destination as China, Singapore, or Brazil, South Asia has to improve the local conditions of doing business. This book, based on research that blends theory, empirical evidence, and policy, asks and attempts to answer a few core questions relevant to FDI policy in South Asian countries: Which major reforms have succeeded? What are the factors that influence FDI inflows? What has been the impact of FDI on macroeconomic performance? Which policy priorities/reforms needed to boost FDI are pending? These questions and answers should interest policy makers, academics, and all those interested in FDI in the South Asian region and in India, Pakistan, Bangladesh, Sri Lanka and Pakistan.
