It's Not All Downhill from Here: The Uphill Flow of Skill-Intensive Goods and FDI from Developing Countries
We tend to think of globalization in the following way: the rich world exports financial capital, technology, sophisticated goods, and entrepreneurial and managerial skills in the form of foreign direct investment (FDI) to developing countries; the latter, in turn, export people, resources, and low-skilled goods to the rich world.
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