MARC Record from Library of Congress

LEADER: 02162cam a22003497a 4500
001 2005615452
003 DLC
005 20050114100446.0
007 cr |||||||||||
008 050111s2004 mau sb 000 0 eng
010 $a 2005615452
040 $aDLC$cDLC$dDLC
043 $aa------
050 00 $aHB1
100 1 $aDooley, Michael P.$q(Michael Patrick),$d1944-
245 10 $aDirect investment, rising real wages and the absorption of excess labor in the periphery$h[electronic resource] /$cMichael P. Dooley, David Folkerts-Landau, Peter Garber.
260 $aCambridge, MA :$bNational Bureau of Economic Research,$cc2004.
490 1 $aNBER working paper series ;$vworking paper 10626
538 $aSystem requirements: Adobe Acrobat Reader.
538 $aMode of access: World Wide Web.
500 $aTitle from PDF file as viewed on 1/11/2005.
530 $aAlso available in print.
504 $aIncludes bibliographical references.
520 3 $a"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"--National Bureau of Economic Research web site.
650 0 $aUnderemployment$zAsia.
650 0 $aInvestments, Foreign$zAsia.
651 0 $aAsia$xForeign economic relations.
700 1 $aFolkerts-Landau, D. F. I.$q(David Fokke Ihno),$d1949-
700 1 $aGarber, Peter.
710 2 $aNational Bureau of Economic Research.
830 0 $aWorking paper series (National Bureau of Economic Research : Online) ;$vworking paper no. 10626.
856 40 $uhttp://papers.nber.org/papers/w10626