Labour, Poverty, and Development provides rigorous economic analysis with the necessary theoretical underpinnings, detailing the causes, effects, and implications of the current situation in the developing world. Bringing together some of the world's foremost experts on development, the volume concentrates on three main areas: the relationship between employment, growth, and trade; the growth of urban labor; and the position in rural areas.

Depending on one's point of view, multinational enterprises are either the heroes or the villains of the globalized economy. Governments compete fiercely for foreign direct investment by such companies, but complain when firms go global and move their activities elsewhere. Multinationals are seen by some as threats to national identities and wealth and are accused of riding roughshod over national laws and of exploiting cheap labor. However, the debate on these companies and foreign direct investment is rarely grounded on sound economic arguments.

This book brings clarity to the...