The middle-income trap and foreign direct investment: a mixed-methods approach centered on Mexico and South Korea
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| Publicado en: | Humanities & Social Sciences Communications vol. 11, no. 1 (Dec 2024), p. 1211 |
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Springer Nature B.V.
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| Acceso en línea: | Citation/Abstract Full Text Full Text - PDF |
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| 001 | 3104872612 | ||
| 003 | UK-CbPIL | ||
| 022 | |a 2662-9992 | ||
| 022 | |a 2055-1045 | ||
| 024 | 7 | |a 10.1057/s41599-024-03662-6 |2 doi | |
| 035 | |a 3104872612 | ||
| 045 | 2 | |b d20241201 |b d20241231 | |
| 100 | 1 | |a Anastasi, Anthony William Donald |u Wenzhou Business College, School of Finance and Trade, Wenzhou, People’s Republic of China | |
| 245 | 1 | |a The middle-income trap and foreign direct investment: a mixed-methods approach centered on Mexico and South Korea | |
| 260 | |b Springer Nature B.V. |c Dec 2024 | ||
| 513 | |a Journal Article | ||
| 520 | 3 | |a While scholars extensively study the middle-income trap, gaps persist, particularly regarding foreign direct investment and its role in transitioning from middle- to high-income status. This mixed-methods research examines the relationship between foreign direct investment inflows and escaping the middle-income trap. Utilizing a comparative case study of the automotive industries in Mexico and South Korea during the 1960s to 2000s, alongside logistic regressions, we consistently observe a negative correlation; higher foreign direct investment inflows are associated with a decreased likelihood of escaping the middle-income trap. This confirms the World-Systems Theory’s view of the relationship between foreign direct investment inflows and the middle-income trap. The implications of this study should induce caution on the part of middle-income countries when accepting foreign direct investment in strategic, high-value-adding industries. This study recommends opting for purchasing foreign technology or for joint ventures that ensure technology transfers. This research addresses a critical gap, offering insights into the nuanced dynamics of foreign direct investment’s effects on the transition from middle to high-income status. | |
| 610 | 4 | |a International Bank for Reconstruction & Development--World Bank | |
| 651 | 4 | |a Mexico | |
| 651 | 4 | |a China | |
| 651 | 4 | |a South Korea | |
| 653 | |a Global economy | ||
| 653 | |a Per capita | ||
| 653 | |a Foreign investment | ||
| 653 | |a Multinational corporations | ||
| 653 | |a Host country | ||
| 653 | |a Gross Domestic Product--GDP | ||
| 653 | |a Automobile industry | ||
| 653 | |a Literature reviews | ||
| 653 | |a Economic growth | ||
| 653 | |a System theory | ||
| 653 | |a Case studies | ||
| 653 | |a Competition | ||
| 653 | |a Systems theory | ||
| 653 | |a Technology | ||
| 653 | |a Mixed methods research | ||
| 653 | |a Ventures | ||
| 653 | |a World system theory | ||
| 653 | |a Comparative analysis | ||
| 653 | |a Investments | ||
| 653 | |a Income | ||
| 653 | |a Joint ventures | ||
| 773 | 0 | |t Humanities & Social Sciences Communications |g vol. 11, no. 1 (Dec 2024), p. 1211 | |
| 786 | 0 | |d ProQuest |t Social Science Database | |
| 856 | 4 | 1 | |3 Citation/Abstract |u https://www.proquest.com/docview/3104872612/abstract/embedded/7BTGNMKEMPT1V9Z2?source=fedsrch |
| 856 | 4 | 0 | |3 Full Text |u https://www.proquest.com/docview/3104872612/fulltext/embedded/7BTGNMKEMPT1V9Z2?source=fedsrch |
| 856 | 4 | 0 | |3 Full Text - PDF |u https://www.proquest.com/docview/3104872612/fulltextPDF/embedded/7BTGNMKEMPT1V9Z2?source=fedsrch |