This book examines the impact of globalization on employment, income distribution and poverty reduction in developing countries using the five country studies of Ghana, Kazakhstan, Morocco, Nepal, and Vietnam. Market failures, possible displacement of previously sheltered economic activities, disparities in the initial levels of human capital and technological transfer associated with skill biased technological change may imply both an increasing within-country income inequality and an uneven process of job creation and poverty alleviation. This evidence paves the way for targeted economic and social policies both at national and international levels.

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. ELI BERMAN Boston University, USA LUIGI CAMPIGLIO Catholic University of Milano, Italy GIOVANNI ANDREA CORNIA Firenze University, Italy PAOLO FIGINI Bologna University, Italy AUGUSTIN FOSU African Economic Research Consortium, Nairobi JEAN BAPTISTE GROS International Labour Office, Geneva, Switzerland SANJAYA LALL Oxford University, UK JOHN LANGMORE International Labour Office, New York, USA STEPHEN MACHIN University College, London, UK GIORGIO BARBA NAVARETTI Milano University, Italy MARIACRISTINA PIVA Catholic University of Piacenza, Italy SANJAY REDDY Columbia University, New York, USA ENRICO SANTARELLI Bologna University, Italy VINCENZO SPIEZIA Organization for Economic Co-operation and Development (OECD), Paris, France LANCE TAYLOR New School University, New York, USA RAYMOND TORRES Organizatio

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.