But FDI flows don't indicate this, still. Sectorally, speaking there is quite a bit of heterogeneity (to use that oft repeated word in mainstream econ) in FDI flows. Wait till you see the dollar fall and the US just might be benefeciary of additional inflows (and of course purchasing a house or apt here for me would remain an American dream):).
Anthony
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Anthony P. D'Costa
Professor of Indian Studies
Asia Research Centre
Copenhagen Business School
Porcelænshaven 24, 3
DK-2000 Frederiksberg, Denmark
Email:
ad.int@
cbs.dkPh: +45 3815 2572
Fax: +45 3815 2500
http://uk.cbs.dk/archttp://tinyurl.com/4ujecq
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
On Mon, Oct 6, 2008 at 3:20 PM, Jim Devine
<jdevine03@xxxxxxxxx> wrote:
me::
>> Yes, that's where the focus should be, but we should remember that
>> capital flows (or makes a credible threat to flow) to those places
>> where people are overworked and underpaid. More and more, the
>> incentive system has been set up to get us all (the Earth's
>> population) to compete our ways to the bottom.
Sandwichman com> wrote:
> I believe this is mistaken -- at least the flows -- although not
> necessarily the threats.
the flows usually aren't needed because the threats are so effective
and because paid politicos are perfectly willing to go along. But they
happen.
--
Jim Devine / "Nobody told me there'd be days like these / Strange
days indeed -- most peculiar, mama." -- JL.
_______________________________________________
pen-l mailing list
pen-l@xxxxxxxxxxxxxxxxxx
https://lists.csuchico.edu/mailman/listinfo/pen-l
--