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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w10626 |
来源ID | Working Paper 10626 |
Direct Investment, Rising Real Wages and the Absorption of Excess Labor in the Periphery | |
Michael P. Dooley; David Folkerts-Landau; Peter Garber | |
发表日期 | 2004-07-19 |
出版年 | 2004 |
语种 | 英语 |
摘要 | This paper sets out the political economy behind Asian governments' participation in a revived Bretton Woods System. The overriding problem for these governments is to rapidly integrate a large pool of underemployed labor into the industrial sector. The principal constraints are inefficient domestic resource and capital markets, and resistance to import penetration by labor in industrial countries. The system has evolved to overcome these constraints through export led growth and growth of foreign direct investment. Periphery governments' objectives for the scale and composition of gross trade in goods and financial assets may dominate more conventional concerns about international capital flows. |
主题 | International Economics ; International Finance |
URL | https://www.nber.org/papers/w10626 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/568256 |
推荐引用方式 GB/T 7714 | Michael P. Dooley,David Folkerts-Landau,Peter Garber. Direct Investment, Rising Real Wages and the Absorption of Excess Labor in the Periphery. 2004. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w10626.pdf(274KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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