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Globalization is the economic policy of integration of national economies with global economy on the basis of free market competition. It is a neoliberal prescription for industrialization and growth of the emerging economies of the South and a project of capital accumulation for the capitalist...
Persistent link: https://www.econbiz.de/10012960070
Integration of the national economy with global economy is the natural outcome and the end result of economic development processes in any nation. In the political economy of the world with unequal nations and imperfect competition the north-pushed capitalist globalization is a suspect of...
Persistent link: https://www.econbiz.de/10012964511
Research on economic growth suggests that the era of colonization has had an impact on the levels of economic development of countries around the globe. However, why some countries were colonized early, some late, and others not at all, and what effect these differences have had on current...
Persistent link: https://www.econbiz.de/10013101974
From the standpoint of policies, the different branches of economics may be aggregated into two categories: dirigiste and laissez fairist. Dirigiste theories in economics have been based primarily on the complexity of commodities: this allows commodities to be ranked according to the...
Persistent link: https://www.econbiz.de/10014157619
A lo largo de los últimos años, parece que la situación de pobreza (el Banco Mundial la cifra en vivir con menos de $1,25) ha ido reduciéndose. De hecho, la mayoría de las estadísticas amparan esta información. Es algo que, a primera vista, parece que sucede. Pero, ¿es realmente así? El...
Persistent link: https://www.econbiz.de/10013079004
This study investigates the effects of exports on income per capita using a panel data set of 150 countries from 1990 to 2012. We have found that exports have differing effects on income distribution depending on different phases of economic development. As exports (measured as the percent of...
Persistent link: https://www.econbiz.de/10014331922
The globalized Western culture of innovation, as propagated by major aid institutions, does not necessarily lead to empowerment or improvement of the well-being of the stakeholders. On the contrary, it often blocks viable indigenous innovation cultures. In African societies and African Diasporas...
Persistent link: https://www.econbiz.de/10011335180
In traditional trade theory, it is generally assumed that the development of export-oriented industries in the Global South can create the conditions for technological spillover effects, productivity increases and social welfare gains. However, based on the results of comparative case studies in...
Persistent link: https://www.econbiz.de/10012209127
The purpose of this paper is to set the issue of Chinese investment in Southeast Asia in two contexts: the changing geography of economic growth and patterns of trade and investment across the world as a whole, and the accompanying quiet revolution that has taken place in the international...
Persistent link: https://www.econbiz.de/10013067322
Persistent link: https://www.econbiz.de/10013134177