Wage Differentials Between Foreign Multinationals and Local Plants and Worker Quality in Malaysian Manufacturing

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ISBN 13 :
Total Pages : 22 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Wage Differentials Between Foreign Multinationals and Local Plants and Worker Quality in Malaysian Manufacturing by : Eric D. Ramstetter

Download or read book Wage Differentials Between Foreign Multinationals and Local Plants and Worker Quality in Malaysian Manufacturing written by Eric D. Ramstetter and published by . This book was released on 2016 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using industrial census data for 2000, and smaller sets of survey data for 2001-2004, this paper examines the extent of wage differentials between medium-large (20 or more workers) foreign multinational enterprises (MNEs) and local plants in Malaysia's manufacturing industries. On average, wages in sample MNEs were higher than in local plants by two-fifths or more. In addition to being more capital-intensive and relatively large, MNEs also hired higher shares of workers in highly paid occupations and with moderate or high education. Results from large samples of 17 manufacturing industries combined suggest that statistically significant MNE-local differentials of 5%-9% persisted even after accounting for differences in worker occupation, education, and sex, plant capital intensity and size, as well as the influences of yearly fluctuations, industry affiliation, and plant location on the constants estimated. When MNE-local differentials and all slopes are allowed to vary among the 17 industries, positive and significant differentials were observed in all estimates for six industries: food and beverages, chemicals, rubber, general machinery, electrical machinery, and furniture. Positive and significant differentials were also observed in most estimates for another five industries. However, the size and significance of these differentials often varied depending on the industry and sample examined, as well as the estimation technique used.

Trade, Development, and Political Economy in East Asia

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Publisher : Institute of Southeast Asian Studies
ISBN 13 : 981462005X
Total Pages : 306 pages
Book Rating : 4.8/5 (146 download)

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Book Synopsis Trade, Development, and Political Economy in East Asia by : Prema-Chandra Athukorala

Download or read book Trade, Development, and Political Economy in East Asia written by Prema-Chandra Athukorala and published by Institute of Southeast Asian Studies. This book was released on 2014-11-14 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is a tribute to Professor Hal Hill, one of the most distinguished and internationally renowned Australian development economists and the single most important Australian figure in the networks that bind the Australian and Southeast Asian economics professions over the past four decades. The volume contains twelve original contributions by distinguished scholars who are at the forefront of their own subject areas. The contributions are thematically arranged into three parts to reflect Professor Hill’s wide-ranging research interests: trade policy issues central to the development policy debate, structural change and global economic integration in East Asian economies, and the political economy of development policy.

Global Goliaths

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Publisher : Brookings Institution Press
ISBN 13 : 0815738560
Total Pages : 585 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Global Goliaths by : James R. Hines

Download or read book Global Goliaths written by James R. Hines and published by Brookings Institution Press. This book was released on 2021-04-20 with total page 585 pages. Available in PDF, EPUB and Kindle. Book excerpt: How multinationals contribute, or don't, to global prosperity Globalization and multinational corporations have long seemed partners in the enterprise of economic growth: globalization-led prosperity was the goal, and giant corporations spanning the globe would help achieve it. In recent years, however, the notion that all economies, both developed and developing, can prosper from globalization has been called into question by political figures and has fueled a populist backlash around the world against globalization and the corporations that made it possible. In an effort to elevate the sometimes contentious public debate over the conduct and operation of multinational corporations, this edited volume examines key questions about their role, both in their home countries and in the rest of the world where they do business. Is their multinational nature an essential driver of their profits? Do U.S. and European multinationals contribute to home country employment? Do multinational firms exploit foreign workers? How do multinationals influence foreign policy? How will the rise of the digital economy and digital trade in services affect multinationals? In addressing these and similar questions, the book also examines the role that multinational corporations play in the outcomes that policymakers care about most: economic growth, jobs, inequality, and tax fairness.

Restructuring the Malaysian Economy

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Publisher : Springer
ISBN 13 : 1349274518
Total Pages : 332 pages
Book Rating : 4.3/5 (492 download)

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Book Synopsis Restructuring the Malaysian Economy by : Robert E.B. Lucas

Download or read book Restructuring the Malaysian Economy written by Robert E.B. Lucas and published by Springer. This book was released on 2016-07-27 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: An authoritative study of the Malaysian economy and labour market. Malaysia has enjoyed an enviable growth record over twenty-five years which few nations can match, and has also been keen to judge her performance against non-growth criteria of poverty eradication and national unity following the emergence of racial conflict in 1969. There are many lessons for policy-makers elsewhere of this active approach to poverty eradication and social restructuring while generating rapid growth, which stands in sharp contrast to laissez-faire orthodoxy.

Making It Big

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Publisher : World Bank Publications
ISBN 13 : 1464815585
Total Pages : 178 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Making It Big by : Andrea Ciani

Download or read book Making It Big written by Andrea Ciani and published by World Bank Publications. This book was released on 2020-10-08 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic and social progress requires a diverse ecosystem of firms that play complementary roles. Making It Big: Why Developing Countries Need More Large Firms constitutes one of the most up-to-date assessments of how large firms are created in low- and middle-income countries and their role in development. It argues that large firms advance a range of development objectives in ways that other firms do not: large firms are more likely to innovate, export, and offer training and are more likely to adopt international standards of quality, among other contributions. Their particularities are closely associated with productivity advantages and translate into improved outcomes not only for their owners but also for their workers and for smaller enterprises in their value chains. The challenge for economic development, however, is that production does not reach economic scale in low- and middle-income countries. Why are large firms scarcer in developing countries? Drawing on a rare set of data from public and private sources, as well as proprietary data from the International Finance Corporation and case studies, this book shows that large firms are often born large—or with the attributes of largeness. In other words, what is distinct about them is often in place from day one of their operations. To fill the “missing top†? of the firm-size distribution with additional large firms, governments should support the creation of such firms by opening markets to greater competition. In low-income countries, this objective can be achieved through simple policy reorientation, such as breaking oligopolies, removing unnecessary restrictions to international trade and investment, and establishing strong rules to prevent the abuse of market power. Governments should also strive to ensure that private actors have the skills, technology, intelligence, infrastructure, and finance they need to create large ventures. Additionally, they should actively work to spread the benefits from production at scale across the largest possible number of market participants. This book seeks to bring frontier thinking and evidence on the role and origins of large firms to a wide range of readers, including academics, development practitioners and policy makers.

Multinational Corporations and United States Foreign Policy

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Publisher :
ISBN 13 :
Total Pages : 1772 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Multinational Corporations and United States Foreign Policy by : United States. Congress. Senate. Committee on Foreign Relations. Subcommittee on Multinational Corporations

Download or read book Multinational Corporations and United States Foreign Policy written by United States. Congress. Senate. Committee on Foreign Relations. Subcommittee on Multinational Corporations and published by . This book was released on 1973 with total page 1772 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Multinational Corporations and United States Foreign Policy: Overseas Private Investment Corporation (OPIC)

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Publisher :
ISBN 13 :
Total Pages : 666 pages
Book Rating : 4.3/5 (121 download)

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Book Synopsis Multinational Corporations and United States Foreign Policy: Overseas Private Investment Corporation (OPIC) by : United States. Congress. Senate. Committee on Foreign Relations. Subcommittee on Multinational Corporations

Download or read book Multinational Corporations and United States Foreign Policy: Overseas Private Investment Corporation (OPIC) written by United States. Congress. Senate. Committee on Foreign Relations. Subcommittee on Multinational Corporations and published by . This book was released on 1973 with total page 666 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Multinationals and East Asian Integration

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Publisher : IDRC
ISBN 13 : 9780889368064
Total Pages : 332 pages
Book Rating : 4.3/5 (68 download)

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Book Synopsis Multinationals and East Asian Integration by : International Development Research Centre (Canada)

Download or read book Multinationals and East Asian Integration written by International Development Research Centre (Canada) and published by IDRC. This book was released on 1997 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Multinationals and East Asian Integration

Challenges to Globalization

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Publisher : University of Chicago Press
ISBN 13 : 0226036553
Total Pages : 560 pages
Book Rating : 4.2/5 (26 download)

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Book Synopsis Challenges to Globalization by : Robert E. Baldwin

Download or read book Challenges to Globalization written by Robert E. Baldwin and published by University of Chicago Press. This book was released on 2007-11-01 with total page 560 pages. Available in PDF, EPUB and Kindle. Book excerpt: People passionately disagree about the nature of the globalization process. The failure of both the 1999 and 2003 World Trade Organization's (WTO) ministerial conferences in Seattle and Cancun, respectively, have highlighted the tensions among official, international organizations like the WTO, the International Monetary Fund (IMF), the World Bank, nongovernmental and private sector organizations, and some developing country governments. These tensions are commonly attributed to longstanding disagreements over such issues as labor rights, environmental standards, and tariff-cutting rules. In addition, developing countries are increasingly resentful of the burdens of adjustment placed on them that they argue are not matched by commensurate commitments from developed countries. Challenges to Globalization evaluates the arguments of pro-globalists and anti-globalists regarding issues such as globalization's relationship to democracy, its impact on the environment and on labor markets including the brain drain, sweat shop labor, wage levels, and changes in production processes, and the associated expansion of trade and its effects on prices. Baldwin, Winters, and the contributors to this volume look at multinational firms, foreign investment, and mergers and acquisitions and present surprising findings that often run counter to the claim that multinational firms primarily seek countries with low wage labor. The book closes with papers on financial opening and on the relationship between international economic policies and national economic growth rates.

Globalization, Wages, and the Quality of Jobs

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Publisher : World Bank Publications
ISBN 13 : 0821379550
Total Pages : 304 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Globalization, Wages, and the Quality of Jobs by : Raymond Robertson

Download or read book Globalization, Wages, and the Quality of Jobs written by Raymond Robertson and published by World Bank Publications. This book was released on 2009-07-17 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the early 1990s, most developing economies have become more integrated with the world s economy. Trade and foreign investment barriers have been progressively lifted and international trade agreements signed. These reforms have led to important changes in the structures of these economies. The labor markets have adjusted to these major changes, and workers were required to adapt to them in one way or another. In 2006, the Social Protection Unit of the World Bank launched an important research program to understand the impact that these profound structural changes have had on workers in developing countries. 'Globalization, Wages, and the Quality of Jobs: Five Country Studies' presents the findings and insights of this important research program. In particular, the authors present the similar experiences of low-income countries with globalization and suggest that low-income countries working conditions have improved in the sectors exposed to globalization. However, 'Globalization, Wages, and the Quality of Jobs' also highlights concerns about the sustainability of these improvements and that the positive demonstration effects on the rest of the economy are unclear. The empirical literature that exists, although vast, does not lead to a consensus view on globalization s eventual impact on labor markets. Understanding the effects of globalization is crucial for governments concerned about employment, working conditions, and ultimately, poverty reduction. Beyond job creation, improving the quality of those jobs is an essential condition for achieving poverty reduction. 'Globalization, Wages, and the Quality of Jobs' adds to the existing literature in two ways. First, the authors provide a comprehensive literature review on the current wisdom on globalization and present a micro-based framework for analyzing globalization and working conditions in developing countries. Second, the authors apply this framework to five developing countries: Cambodia, El Salvador, Honduras, Indonesia, and Madagascar. This volume will be of interest to government policy makers, trade officials, and others working to expand the benefits of globalization to developing countries.

Internationalizing Higher Education in Malaysia

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Publisher : Institute of Southeast Asian Studies
ISBN 13 : 9814380962
Total Pages : 162 pages
Book Rating : 4.8/5 (143 download)

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Book Synopsis Internationalizing Higher Education in Malaysia by : Tham Siew Yean

Download or read book Internationalizing Higher Education in Malaysia written by Tham Siew Yean and published by Institute of Southeast Asian Studies. This book was released on 2013 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines the understanding, practices and challenges that Malaysia's higher education institutions face in their efforts to internationalize. This issue is of great importance to academics, policy-makers and students in Malaysia, given the country's aspiration to become a hub for higher education.

The Oxford Handbook of Asian Business Systems

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Publisher : Oxford University Press, USA
ISBN 13 : 0199654921
Total Pages : 754 pages
Book Rating : 4.1/5 (996 download)

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Book Synopsis The Oxford Handbook of Asian Business Systems by : Michael A. Witt

Download or read book The Oxford Handbook of Asian Business Systems written by Michael A. Witt and published by Oxford University Press, USA. This book was released on 2014 with total page 754 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook explores institutional variations across the political economies of different societies within Asia. It includes empirical analysis of 13 major Asian business systems between India and Japan, and examines these in a comparative, historical, and theoretical context.

Manufacturing Strategy

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Publisher : CRC Press
ISBN 13 : 9781563273179
Total Pages : 462 pages
Book Rating : 4.2/5 (731 download)

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Book Synopsis Manufacturing Strategy by : John Miltenburg

Download or read book Manufacturing Strategy written by John Miltenburg and published by CRC Press. This book was released on 2005-03-09 with total page 462 pages. Available in PDF, EPUB and Kindle. Book excerpt: To stay competitive and meet market expectations in a global economy, both domestic and foreign companies must realign their manufacturing processes, make improvements, and increase their manufacturing capabilities. With large numbers of employees working in a network of domestic and foreign facilities, production processes are as varied as the products being produced. Manufacturing managers need a manufacturing plan or strategy that will bring structure to this complex environment. In Manufacturing Strategy: How to Formulate and Implement a Winning Plan, 2nd Edition, John Miltenburg offers a sensible and systematic method to: (1) evaluate domestic and foreign factories and international manufacturing and (2) plan the appropriate manufacturing strategy to be first in the market. Incorporating comments and suggestions from managers who used the first edition of Manufacturing Strategy, John Miltenburg expands and improves on his focus in the areas of: International Manufacturing — where the focus is on a company's international network of factories; Competitive Strategy — where managers must understand the role manufacturing strategy plays in their company's business strategy; and Manufacturing Programs — showing how programs such as quality management, six sigma, agile manufacturing, and supply chain management fit within the manufacturing strategy. Manufacturing Strategy gives managers a common language for dealing with manufacturing problems at both strategic and operational levels. It improves communication between manufacturing managers and those outside manufacturing (who will now have a better understanding of what manufacturing can and cannot do).

Malaysia at a Crossroads

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Publisher :
ISBN 13 :
Total Pages : 220 pages
Book Rating : 4.:/5 (1 download)

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Book Synopsis Malaysia at a Crossroads by : Abdul Rahman Embong

Download or read book Malaysia at a Crossroads written by Abdul Rahman Embong and published by . This book was released on 2011 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Global Investment Competitiveness Report 2019/2020

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Publisher : World Bank Publications
ISBN 13 : 1464815437
Total Pages : 321 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Global Investment Competitiveness Report 2019/2020 by : World Bank Group

Download or read book Global Investment Competitiveness Report 2019/2020 written by World Bank Group and published by World Bank Publications. This book was released on 2020-07-06 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Global Investment Competitiveness Report 2019-2020 provides novel analytical insights, empirical evidence, and actionable recommendations for governments seeking to enhance investor confidence in times of uncertainty. The report's findings and policy recommendations are organized around "3 ICs" - they provide guidance to governments on how to increase investments' contributions to their country's development, enhance investor confidence, and foster their economies' investment competitiveness. The report presents results of a new survey of more than 2,400 business executives representing FDI in 10 large developing countries: Brazil, China, India, Indonesia, Malaysia, Mexico, Nigeria, Thailand, Turkey, and Vietnam. The results show that over half of surveyed foreign businesses have already been adversely affected by policy uncertainty, experiencing a decrease in employment, firm productivity, or investment. Foreign investors report that supporting political environments, stable macroeconomic conditions, and conducive regulatory regimes are their top three investment decision factors. Moreover, the report's new global database of regulatory risk shows that predictability and transparency increase investor confidence and FDI flows. The report also assesses the impact of FD! on poverty, inequality, employment, and firm performance using evidence from various countries. It shows that FDI in developing countries yields benefits to their firms and citizens-including more and better-paid jobs-but governments need to be vigilant about possible adverse consequences on income distribution. The report is organized in S chapters: Chapter 1 presents the results of the foreign investor survey. Chapter 2 explores the differential performance and development impact of greenfield FDI, local firms acquired by multinational corporations {i.e. brownfield FDI), and domestically-owned firms using evidence from six countries. Chapter 3 assesses the impact of FDI on poverty, inequality, employment and wages, using case study evidence from Ethiopia, Turkey and Vietnam. Chapter 4 presents a new framework to measure FDI regulatory risk that is linked to specific legal and regulatory measures. Chapter S focuses on factors for increasing the effectiveness of investment promotion agencies.

Hearings Before the Subcommittee on Multinational Corporations of the Committee on Foreign Relations United States Senat

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Publisher :
ISBN 13 :
Total Pages : 668 pages
Book Rating : 4.0/5 (17 download)

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Book Synopsis Hearings Before the Subcommittee on Multinational Corporations of the Committee on Foreign Relations United States Senat by : 93d Congress 1st Session

Download or read book Hearings Before the Subcommittee on Multinational Corporations of the Committee on Foreign Relations United States Senat written by 93d Congress 1st Session and published by . This book was released on 1973 with total page 668 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Employment Policy in Developing Countries

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Publisher : Oxford University Press, USA
ISBN 13 :
Total Pages : 268 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Employment Policy in Developing Countries by : Lyn Squire

Download or read book Employment Policy in Developing Countries written by Lyn Squire and published by Oxford University Press, USA. This book was released on 1981 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a relatively nontechnical survey of employment-related issues and problems in less developed countries.