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Globalization, Growth and Marginalization

Globalization, Growth and Marginalization

Paperback

EconomicsGeneral Computers

ISBN10: 1349266779
ISBN13: 9781349266777
Publisher: Springer Nature
Published: Jan 1 1998
Pages: 224
Weight: 0.69
Height: 0.55 Width: 5.50 Depth: 8.50
Language: English
Globalization is defined in economic terms to mean freer flows of trade, foreign direct investment and finance, and liberalization of trade and investment policies. Impacts of globalization and information technology are examined in terms of growth and productivity, poverty and income distribution, and employment. Experiences of Africa, East and Southeast Asia, South Asia, and Latin America in the era of globalization are discussed. It is argued that benefits of freer trade and capital flows need to be managed carefully in order to minimise the costs and maximise gains.

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