Globalization and the Least Developed Countries: Potentials and Pitfalls

D. Bigman

Research output: Book/ReportBookAcademic

7 Citations (Scopus)

Abstract

One of the most notable changes in the world economy during the past three decades has been the diverging trends in the growth of the developing countries. Compared to East Asian countries that have integrated well into the global economy, those of Sub-Saharan Africa have remained stagnant and have become the world's least developed area. The policies and programmes of international organizations have failed to improve the situation while the global economy becomes dominated by trans-national corporations. A review of the suitability of globalization as an economic strategy for these under-developed countries is therefore needed. Focusing on the impact of globalization and on the constraints imposed by the changes in the world's production and trade, this book examines the opportunities open to the least developed countries as they design their strategies to accelerate growth and alleviate poverty.
Original languageEnglish
Place of PublicationWallingford, United Kingdom
PublisherCABI
Number of pages336
ISBN (Print)9781845933081
Publication statusPublished - 2007

Keywords

  • economic development
  • economic growth
  • globalization
  • poverty
  • least developed countries
  • developing countries
  • africa south of sahara
  • development policy
  • development programmes
  • world economy

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