Foreign Direct Investment As A Tool For Poverty Reduction In Developing Countries

Author : Ronald K.S. Wakyereza
Publisher : Cambridge Scholars Publishing
Page : 389 pages
File Size : 40,9 Mb
Release : 2019-10-15
Category : Business & Economics
ISBN : 9781527541665

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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.

Author : Michael U. Klein,Carl Aaron,Bita Hadjimichael
Publisher : World Bank Publications
Page : 50 pages
File Size : 45,9 Mb
Release : 2001
Category : Crecimiento economico
ISBN : 8210379456XXX

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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?

Author : Michael U. Klein
Publisher : Unknown
Page : 35 pages
File Size : 49,6 Mb
Release : 2015
Category : Electronic
ISBN : LCCN:2016332155

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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.

Author : Moses Ikiara
Publisher : Unknown
Page : 56 pages
File Size : 40,8 Mb
Release : 2003
Category : Investments, Foreign
ISBN : STANFORD:36105121837251

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Foreign Direct Investment (FDI), Technology Transfer, and Poverty Alleviation by Moses Ikiara Pdf

Author : Subhash C. Jain,Sushil Vachani
Publisher : Edward Elgar Publishing
Page : 472 pages
File Size : 50,5 Mb
Release : 2006
Category : International business enterprises
ISBN : UCSD:31822034418590

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Multinational Corporations and Global Poverty Reduction by Subhash C. Jain,Sushil Vachani Pdf

Argues that multinational corporations have contributed and can continue to contribute enormously to the reduction of global poverty.

Author : Dirk Willem te Velde,Overseas Development Institute (London, England),Dirk Willem
Publisher : Unknown
Page : 166 pages
File Size : 43,6 Mb
Release : 2004-09-01
Category : Income distribution
ISBN : 085003728X

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Foreign Direct Investment,Income Inequality and Poverty by Dirk Willem te Velde,Overseas Development Institute (London, England),Dirk Willem Pdf

Author : E. Lee,M. Vivarelli
Publisher : Palgrave Macmillan
Page : 389 pages
File Size : 42,8 Mb
Release : 2004-10-04
Category : Business & Economics
ISBN : 1349728365

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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.

Author : Almas Heshmati,Esfandiar Maasoumi,Guanghua Wan
Publisher : Springer
Page : 314 pages
File Size : 53,9 Mb
Release : 2015-03-31
Category : Business & Economics
ISBN : 9789812874207

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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.

Author : World Bank
Publisher : World Bank Publications
Page : 293 pages
File Size : 49,9 Mb
Release : 2004
Category : Economic development
ISBN : 9780821356821

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World Development Report 2005 by World Bank Pdf

Firms and entrepreneurs of all types-from microenterprises to multinationals-play a central role in growth and poverty reduction. Their investment decisions drive job creation, the availability and affordability of goods and services for consumers, and the tax revenues governments can draw on to fund health, education, and other services. Their contribution depends largely on the way governments shape the investment climate in each location-through the protection of property rights, regulation and taxation, strategies for providing infrastructure, interventions in finance and labor markets, and broader governance features such as corruption. The World Development Report 2005 argues that improving the investment climates of their societies should be a top priority for governments. Drawing on surveys of nearly 30,000 firms in 53 developing countries, country case studies, and other new research, the Report explores questions such as: What are the key features of a good investment climate, and how do they influence growth and poverty? What can governments do to improve their investment climates, and how can they go about tackling such a broad agenda? What has been learned about good practice in each of the main areas of the investment climate? What role might selective interventions and international arrangements play in improving the investment climate? What can the international community do to help developing countries improve the investment climates of their societies? In addition to detailed chapters exploring these and related issues, the Report contains selected data from the World Bank's new program of Investment Climate Surveys, the Bank's Doing Business Project, and World Development Indicators 2004-an appendix of economic and social data for over 200 countries. This Report offers practical insights for policymakers, executives, scholars, and all those with an interest in economic development.

Author : Fantu Cheru,Colin Bradford Jr.
Publisher : Zed Books Ltd.
Page : 283 pages
File Size : 40,8 Mb
Release : 2013-07-18
Category : Business & Economics
ISBN : 9781848137356

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The Millennium Development Goals by Fantu Cheru,Colin Bradford Jr. Pdf

This volume provides an up-to-date and detailed tour d'horizon of the exciting diversity of new proposals and mechanisms currently being discussed in order to raise the necessary financial resources to make the achievement of the Millennium Development Goals a reality by 2015. If the MDGs to halve global poverty and significantly improve the conditions of life of the world's poor are to be met on schedule, putting in place the requisite funding is an essential component. The economists in this volume from WIDER, UNDP, and other leading institutions have contributed their analyses as part of the Helsinki Process on Globalisation and Democracy - a high-level multi-stakeholder initiative to develop new approaches to global problem-solving, a global economic agenda and human security. Key resource flows examined include ODA, foreign direct investment, remittances by migrants, commodity export prices, and new ideas to secure sustainable debt relief, including SDRs, debt cancellation, revaluation of IMF gold reserves, debt arbitration, and other proposals. The statistically rich analyses are presented in the context of the complicated trends in global inequality, the incidence of poverty, and the impacts of globalisation. The editors conclude with a thought-provoking set of ideas about the political requirements for effective global economic governance aimed at achieving the MDGs that the world community set itself at the start of the new millennium. The empirical data in this volume and survey of key new ideas for resource mobilisation will be invaluable to all those concerned with global economic governance, including scholars, diplomats, NGO lobbyists, and students studying development economics.

Author : Rachel Weaving
Publisher : Routledge
Page : 241 pages
File Size : 50,8 Mb
Release : 2017-12-02
Category : Business & Economics
ISBN : 9781351513333

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Impact of Rich Countries' Policies on Poor Countries by Rachel Weaving Pdf

"All United Nations heads of state have endorsed the Millennium Development Goals, which aim to reduce the incidence of absolute poverty by half by 2015. To reach those goals, growth in developing countries will have to be twice the levels achieved in the 1990s for the next fifteen years. This will require, at the least, new rules of the development game.At present, rich countries exercise control over the institutions that oversee the global economy. This volume addresses a curiously neglected area of policy analysis--the impact of rich countries' policies on the global poor. Four-fifths of the world's people subsist on one-fifth of the world's income. One-fifth live in abject poverty, on less than one dollar a day. The main responsibility for reducing poverty reduction naturally rests with developing countries. But globalization means that rich countries must also play their part.Industrialized countries dominate global environmental management through the heavy ecological footprint of their production and consumption patterns. Adjustments of their policies by rich countries may be as critical as government reforms in poor countries. Past research has concentrated on policy adjustments that need to be made within poor countries to aid effectiveness, and trade reform.Relatively little is known about the economic consequences of migration, control of intellectual property, and environmental regulations. Even less research has been done on the interaction and combined impact of the full spectrum of rich countries' policies on the economy, society, and ecology in poor countries. These knowledge gaps inhibit rational debate, let alone evidence-based policymaking that may lead towards sustainable and equitable growth. At current levels, aid alone cannot deliver adequate progress towards the Millennium Development Goals.The surveys by eminent development analysts and practitioners included in this volume sketch a road map for a better understanding of the"

Author : Dirk Willem te Velde,the Overseas Development Institute
Publisher : Routledge
Page : 316 pages
File Size : 46,8 Mb
Release : 2017-05-15
Category : Political Science
ISBN : 9781351905480

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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.

Author : Mr.Saleh M. Nsouli
Publisher : International Monetary Fund
Page : 180 pages
File Size : 54,8 Mb
Release : 2004-09-14
Category : Political Science
ISBN : 9781589062627

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New Partnership for Africa's Development by Mr.Saleh M. Nsouli Pdf

Adopted in 2001, the New Partnership for Africa’s Development (NEPAD) represents a new vision to place African countries on a path toward poverty reduction, sustainable growth, and full integration in the world economy. This conference volume includes papers selected from a high-level seminar in December 2002 held in Dakar, Senegal, organized by the IMF Institute in the context of the program of the Joint Africa Institute (JAI). The papers focus on the challenges confronting NEPAD in reducing poverty, promoting trade, attracting capital flows, and effecting institutional reforms.

Author : OECD
Publisher : OECD Publishing
Page : 232 pages
File Size : 49,9 Mb
Release : 2002-09-24
Category : Electronic
ISBN : 9789264199286

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Foreign Direct Investment for Development Maximising benefits, minimising costs by OECD Pdf

Provides a comprehensive review of the issues related to the impact of FDI on development as well as to the policies needed to maximise the benefits.

Author : Mr.Ali J Al-Sadiq
Publisher : International Monetary Fund
Page : 28 pages
File Size : 49,5 Mb
Release : 2013-02-26
Category : Business & Economics
ISBN : 9781475517934

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Outward Foreign Direct Investment and Domestic Investment by Mr.Ali J Al-Sadiq Pdf

Over the past two decades, the growth rate of outward foreign direct investment (FDI) from developing and transition economies has increased significantly. Given the role of physical capital accumulation in determining the economic growth rate, it is important to assess how domestic investment responds to such outflows. This study empirically examines the effects of outward FDI on domestic investment in developing countries. Using data from 121 developing and transition economies over the period 1990–2010, the results suggest that FDI outflows negatively impact the rate of domestic investment.