Effects Of Globalization On Developing Countries

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Economic Development: Global & Regional Studies

Author: Halil İbrahim Aydın, Magdalena Ziolo, Aniela Bălăcescu
language: en
Publisher: IJOPEC Publication
Release Date: 2017-04-14
The phenomenon of globalization can be described as a gradual increase in the process and dependency level that combines people, society and countries from different economic, social and political aspects of the world. Development, which is a multidimensional concept such as globalization, is a concept that includes human values as well as economic, social, cultural, demographic and political dimensions. With the globalization process, a turn to use knowledge as a factor of production has been passed, and investing in people who use knowledge in production has become important. Investment in human capital leads to the importance of development concept. The relationship of the development process with the different fields pioneered the preparation of scientific works in the context of globalization and regional studies. In this book "Economic Development: Global and Regional Studies", there are academicians who work in different universities of Turkey and the World and work in the field of development. The scientific ethics and responsibility of the works in the book belong to the authors / writers who own the department, of course, and we believe that the necessary sensitivity is shown in this issue. This book in your hand is made up of 15 chapters, and development in each chapter is analyzed from different angles. We believe that the detailed content will contribute to economic development literature. We would like to thank all the authors whose paper published on this book. Our hope is to provide some ideas which can inspire academicians and students not only to understand different problems that the world is facing, but some solution as well.
Effects of Financial Globalization on Developing Countries

Author: Mr.Ayhan Kose
language: en
Publisher: International Monetary Fund
Release Date: 2003-09-03
This study provides a candid, systematic, and critical review of recent evidence on this complex subject. Based on a review of the literature and some new empirical evidence, it finds that (1) in spite of an apparently strong theoretical presumption, it is difficult to detect a strong and robust causal relationship between financial integration and economic growth; (2) contrary to theoretical predictions, financial integration appears to be associated with increases in consumption volatility (both in absolute terms and relative to income volatility) in many developing countries; and (3) there appear to be threshold effects in both of these relationships, which may be related to absorptive capacity. Some recent evidence suggests that sound macroeconomic frameworks and, in particular, good governance are both quantitatively and qualitatively important in affecting developing countries’ experiences with financial globalization.
Globalisation Impacts

The book reviews globalisation by identifying causes behind the discontent it has produced in recent years. It variously engages in economics, political economy, development and policy discourses to study experiences of countries and institutions in managing and adjusting to globalisation. Extending the analysis to latest global developments, including the remarkable advance of technology and digitalisation, and political and economic upheavals caused by COVID19, the book collects varied academic perspectives and reflects on the present as well as future. Comprising chapters written by distinguished academics and policy experts, the book is a rare collection of cross-disciplinary objective evaluations of globalisation.