The claim of globalization critics that the income gap to industrial countries is bound to widen for essentially all … developing countries as a consequence of economic globalization is in conflict with empirical evidence. Economic performance … and foreign indebtedness which may explain the varying experience with globalization in regard to per capita income growth …

Globalization improves the prospects for developing countries (DCs) to catch up economically with industrialized … countries. But not all DCs will automatically benefit from globalization. Some DCs even face the risk of being delinked from the … between rich and poor countries in the world economy. Many observers draw an overly pessimistic picture of the perspectives of …

Globalised markets and production patterns offer favourable opportunities to raise world income. Yet globalisation also … prepared to meet the challenge of fiercer competition on world goods and factor markets. In industrialised countries, low … countries could have raised their share in world welfare gains if they had committed themselves more strongly to binding trade …

measured by the World Bank's Country Policy and Institutional Assessment (CPIA). If the CPIA is replaced by the Kaufmann index …