This week, I’m joined on the Global Prosperity Wonkcast by Kimberly Ann Elliott, a senior fellow here at the Center for Global Development. Kim’s research focuses on ways in which rich country trade policy affects the developing world.
CGD Policy Blogs
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.