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Striving Towards Global Equality: The Relationship Between Foreign Direct Investment, Economic Growth and Human Capital Accumulation in Latin American Countries

by Roca, Jennifer Stacy

Abstract

Over the last century, Latin American countries have experienced positive economic growth, but with one in five Latin Americans living in poverty throughout rural and urban communities, it is pertinent for Latin American countries to attract foreign direct investment. This paper contributes to economic literature by exploring the relationship between foreign direct investment, economic growth and human capital accumulation in 19 Latin American countries and finds that both foreign direct investment and human capital accumulation have a significant impact on gross domestic product (GDP) per capita. However, when the economic model controls for literacy rates, foreign direct investment loses its significance and explanatory power meaning that Latin American countries should concern themselves with, and implement policy changes that promote, the accumulation of human capital.

Note

The author has given permission for this work to be deposited in the Digital Archive of Colorado College.

Colorado College Honor Code upheld.

Includes bibliographical references.

Administrative Notes

The author has given permission for this work to be deposited in the Digital Archive of Colorado College.

Colorado College Honor Code upheld.

Copyright
Copyright restrictions apply.
Publisher
Colorado College Tutt Library
PID
coccc:29544
Digital Origin
born digital
Extent
56 pages : illustrations
Thesis
Senior Thesis -- Colorado College
Thesis Advisor
Lybecker, Kristina
Department/Program
Economics and Business
Degree Name
Bachelor of Arts
Degree Type
bachelor
Degree Grantor
Colorado College Tutt Library
Date Issued
2018-05