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Failure to accumulate human capital is one of the pressing problems of developing countries. Lacking human capital formation bears consequences on an economy wide level, since education contributes to labor productivity. We examine the impact of increased school enrollment with regard to...
Persistent link: https://www.econbiz.de/10012145576
We propose a new microeconomic explanation for the divergent experiences of economies in forming human capital. We suggest that the positive effect of a longer life expectancy on human capital formation arises from two separate effects: a life expectancy effect and a prolonged intergenerational...
Persistent link: https://www.econbiz.de/10011577711
Foreign direct investment (FDI) has grown far more rapidly than trade during the last two decades. As with the other prominent features of globalisation, FDI is controversial. The impact of FDI on labour markets has been of growing concern, particularly, for source countries. The deterioration...
Persistent link: https://www.econbiz.de/10011577912
In the emerging globalised knowledge society/economy, a group of professionals, namely experts and consultants gain in importance. The paper discusses the following issues: Who are these experts and consultants? Why is this group of knowledge workers strategically important and why is their...
Persistent link: https://www.econbiz.de/10011578119
In this paper, we assess the effect of globalization on the distribution of income within countries, focussing on the influence of foreign direct investment. We analyze data for 72 countries, 1970-90. We incorporate in our tests the Kuznets (1955) curve, measures of the character of political...
Persistent link: https://www.econbiz.de/10011578248
It is often the case that national policies are not necessarily suitable at lower administrative levels due to the spatial complexity of natural and socio-economic resources within a country. That complexity of resources can be resolved by spatial modeling of natural and socio-economic...
Persistent link: https://www.econbiz.de/10011578622
This paper analyses the connection between resource wealth, governance and economic performance in Turkmenistan and Uzbekistan. Since independence, both countries have remained heavily resource-dependent and they have had political stability, but despite some similarities, their economic...
Persistent link: https://www.econbiz.de/10011579396
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