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Foreign direct investment, technology transfer to the South and competition for the North: towards co-operative institutional arrangements between the North and the South?

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  • Singh, Ajit
  • Zammit, Ann

Abstract

The last decade has witnessed a very fast growth of foreign direct investment (FDI) - this both reflects and extends the globalization of production. Although the greater part of FDI is still carried out by multinationals of one advanced country investing in another, a significant and perhaps increasing proportion of multinationals' investment is now taking place in developing countries (the South).

Suggested Citation

  • Singh, Ajit & Zammit, Ann, 1997. "Foreign direct investment, technology transfer to the South and competition for the North: towards co-operative institutional arrangements between the North and the South?," MPRA Paper 54935, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:54935
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    File URL: https://mpra.ub.uni-muenchen.de/54935/1/MPRA_paper_54935.pdf
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    References listed on IDEAS

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    1. C Freeman, 1989. "New Technology and Catching Up," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 1(1), pages 85-99, June.
    2. Brian Aitken & Ann Harrison & Robert E. Lipsey, 2022. "Wages and foreign ownership A comparative study of Mexico, Venezuela, and the United States," World Scientific Book Chapters, in: Globalization, Firms, and Workers, chapter 4, pages 61-87, World Scientific Publishing Co. Pte. Ltd..
    3. Feenstra, Robert C & Hanson, Gordon H, 1996. "Globalization, Outsourcing, and Wage Inequality," American Economic Review, American Economic Association, vol. 86(2), pages 240-245, May.
    4. Singh, Ajit, 1995. "Institutional requirements for full employment in advanced economies," MPRA Paper 54990, University Library of Munich, Germany.
    5. Robert Z. Lawrence & Matthew J. Slaughter, 1993. "International Trade and American Wages in the 1980s: Giant Sucking Sound or Small Hiccup?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 24(2 Microec), pages 161-226.
    6. Edward E. Leamer, 1996. "In Search of Stolper-Samuelson Effects on U.S. Wages," NBER Working Papers 5427, National Bureau of Economic Research, Inc.
    7. Damien NEVEN. & Charles WYPLOSZ, 1996. "Relative Prices, Trade and Restructuring in European Industry," Cahiers de Recherches Economiques du Département d'économie 9615, Université de Lausanne, Faculté des HEC, Département d’économie.
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    Cited by:

    1. Singh, Ajit & Zammit, Ann, 2000. "International Capital Flows: Identifying the Gender Dimension," World Development, Elsevier, vol. 28(7), pages 1249-1268, July.

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    More about this item

    Keywords

    FDI; North-South; multinationals; trade and capital movements; Technology; liberalisation;
    All these keywords.

    JEL classification:

    • F0 - International Economics - - General
    • F6 - International Economics - - Economic Impacts of Globalization
    • G2 - Financial Economics - - Financial Institutions and Services
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

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