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Title
Globalization and Poverty in Senegal: A Worst Case Scenario? |
Full text
http://www.econ.kuleuven.ac.be/licos/DP/DP2008/DP217.pdf |
Author(s)
Miet Maertens; Liesbeth Colen; Johan F.M. Swinnen |
Abstract
There is no consensus about how globalization -trade and foreign investments ?affects poverty reduction. Using household survey data, this study contributes to the empirical literature on globalization and poverty by analyzing the household-level implications of increased foreign investments and trade in the horticulture sector in Senegal. In many aspects this represents what many would consider a "worst-case scenario? Stringent rich country standards are imposed on exports and the supply chain is controlled by a single multinational company with extreme levels of supply base consolidation and vertical integration and complete exclusion of smallholder suppliers. We analyze and quantify income and poverty effects under these "worst-case conditions?and find significant positive welfare impacts through employment creation and labor market participation. - trade, FDI, poverty, vertical coordination, modern supply chains |
Type of publication
preprint |
Identifier
RePEc:lic:licosd:21708 |
Repository
RePEc - Research Papers in Economics
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Added to C-A: 2010-04-22;10:45:25 |
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