The Effect of Foreign Direct Investment on Labor Market Dynamics in Developing Economies
DOI:
https://doi.org/10.55606/iceb.v2i1.487Keywords:
Foreign Direct Investment, Labor Market, Job Creation, Wage Growth, Developing EconomiesAbstract
Foreign Direct Investment (FDI) plays a critical role in shaping labor market dynamics in developing economies. This paper explores the effects of FDI on job creation, wage growth, and skill development. Using empirical data from Asia and Africa, the study examines sector-specific impacts and discusses policies to maximize the benefits of FDI while mitigating potential inequalities.
References
Aitken, B., Harrison, A., & Lipsey, R. E. (1996). Wages and foreign ownership: A comparative study. Journal of International Economics, 40(3–4), 345–371. https://doi.org/[DOI jika tersedia]
Blomström, M., & Kokko, A. (1998). Multinational corporations and spillovers. Journal of Economic Surveys, 12(3), 247–277. https://doi.org/[DOI jika tersedia]
Borensztein, E., De Gregorio, J., & Lee, J. W. (1998). How does foreign direct investment affect economic growth? Journal of International Economics, 45(1), 115–135. https://doi.org/[DOI jika tersedia]
Carkovic, M., & Levine, R. (2002). Does foreign direct investment accelerate economic growth? University of Minnesota.
Dunning, J. H. (1993). Multinational enterprises and the global economy. Addison-Wesley.
Feenstra, R. C., & Hanson, G. H. (1997). Foreign investment and relative wages: Evidence from Mexico’s maquiladoras. Journal of International Economics, 42(3–4), 371–393. https://doi.org/[DOI jika tersedia]
Javorcik, B. S. (2004). Does foreign direct investment increase the productivity of domestic firms? In search of spillovers through backward linkages. American Economic Review, 94(3), 605–627. https://doi.org/[DOI jika tersedia]
Kokko, A. (1996). Productivity spillovers from competition between local firms and foreign affiliates. Journal of International Development, 8(4), 517–530. https://doi.org/[DOI jika tersedia]
Meyer, K. E. (2004). Perspectives on multinational enterprises in emerging economies. Journal of International Business Studies, 35(4), 259–277. https://doi.org/[DOI jika tersedia]
Organisation for Economic Co-operation and Development (OECD). (2020). Employment outlook. OECD Publishing.
Rodrik, D. (1997). Has globalization gone too far? Institute for International Economics.
Saggi, K. (2002). Trade, foreign direct investment, and international technology transfer: A survey. World Bank Research Observer, 17(2), 191–235. https://doi.org/[DOI jika tersedia]
Todaro, M. P., & Smith, S. C. (2015). Economic development (12th ed.). Pearson.
United Nations Conference on Trade and Development (UNCTAD). (2021). World investment report. United Nations.
World Bank. (2020). Global economic prospects.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2023 Proceeding of The International Conference on Economics and Business

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.