Globalization And Trade Integration In Developing Countries

In a rapidly globalizing world, commercial relations and regional trade integrations between countries have improved. Analyzing trade relations both inside and outside countries allows for economic improvement. Globalization and Trade Integration in Developing Countries provides emerging research on the difficulties and challenges developing countries face in world trade as well as their performance. While highlighting topics such as economic growth, foreign trade policy, and trade competitiveness, this publication explores the trade integrations and commercial trends in advancing countries. This book is a vital resource for policy makers, government agencies, businesses, academicians, researchers, and students seeking current research on the advantages and techniques of improved international markets and trade.

Globalization - the growing integration of economies and societies around the world, is a complex process. The focus of this research is the impact of economic integration on developing countries and especially the poor people living in these countries. Whether economic integration supports poverty reduction and how it can do so more effectively are key questions asked. The research yields 3 main findings with bearings on current policy debates about globalization. Firstly, poor countries with some 3 billion people have broken into the global market for manufactures and services, and this successful integration has generally supported poverty reduction. Secondly, inclusion both across countries and within them is important as a number of countries (pop. 2 billion) are failing as states, trading less and less, and becoming marginal to the world economy. Thirdly, standardization or homogenization is a concern - will economic integration lead to cultural or institutional homogenization?

"Globalization, Development and Integration offers a European perspective on globalization. It looks at some of the characteristics of the current phase of globalization, such as the asymmetries in the way it manifests itself in daily life, including the crucial and often controversial role played by agriculture, and the effects that it produces on poverty and inequality throughout the world.The book devotes particular attention to the problems experienced by developing countries, by studying what the appropriate macroeconomic policies are to deal with globalization, and how international labour markets work in a globalized economy."--BOOK JACKET.

This title was first published in 2002: Anthony Bende-Nabende focuses on the ongoing globalization process, which has sparked an unprecedented world-wide debate. He provides a one-stop centre for a balanced coverage of the theoretical, empirical and policy issues linking globalization with foreign direct investment, regional economic integration, and economic growth and sustainable development. This stimulating book comprehensively explores the theoretical and empirical literature inter-linking the aforementioned factors from the anti-globalization activists’ viewpoint, and from the pro-globalization proponents’ perspective. It proposes policies that individual countries should pursue, based on the recognition that globalization generates both positive and negative effects. These comprise policies required to maximise the economic benefits globalization may generate, and those that aim to eliminate or at least minimize the negative development-oriented effects globalization may engender and, hence, to propel sustainable development. The book will be an essential guide for students, academics and those involved in international economics, environmental studies, international relations, and growth and development studies.

In the era of globalization, foreign trade has an immense impact upon modern economies. To succeed in the global marketplace, sustainable development in trade practices is an imperative goal for countries to reach. Global Perspectives on Trade Integration and Economies in Transition is an authoritative reference source for the latest research on the dynamics of transitional economies and how certain obstacles can disrupt the effectiveness of the transition process. Highlighting the value of trade incorporation at the national and international levels, this book is ideally designed for researchers, professionals, government officials, policy makers, and upper-level students interested in the intersection of globalization, trade, and international economics.

Globalization has had far-reaching consequences to both developed and developing economies, and will inevitably have potentially greater roles and impacts in the future. Developing countries stand to lose or gain from globalization, depending on how they marshal resources and manage the dynamics of globalization to their advantage. Experience shows that only a few developing countries have managed to take advantage of the opportunities offered by globalization or mitigate its negative and far-reaching consequences. Most of them are still mired in the economic doldrums due to the lack of a proper understanding of the factors at play and management incapacity. In this book, various insights which critically address globalization and development issues have been thoughtfully put together in order to provoke debates and lead to solutions that help improve the lot of developing countries. The book is the results of the initiative by University of Dar es Salaam Business School, which, in 2011, brought together various stakeholders to an International Conference on Globalization and Development with the theme “Promoting Trade Competitiveness in Developing Countries”. Thematic areas including regional integration, business regulations, Chinese investments in Africa, globalization, the Africa Growth Opportunity Act, foreign direct investments, and natural resources development were calculatedly selected on account of being topical and relevant in the context of Africa. The book will be valuable for academics, researchers, students and practitioners working in the fields of international business, natural resource management and foreign direct investments not only in Africa, but also in other developing countries. The topics and synthesis dealt with in this book will also be handy for practitioners working in international development agencies, public and private sectors, government ministries, departments and agencies.

The problems of integration and globalization and the implications of such processes on individual countries have been in the spotlight of the economic debate among economists and politicians. This title adds to this discussion by bringing together new theoretical and empirical contributions to these issues.

'In bringing together seven regional studies by economists from the Global Development Network, Natalia Dinello and Lyn Squire provide an insightful perspective on the relationships between globalization and equity. The topic is important, but too often has been oversimplified and viewed through western lenses. Complexity does not preclude strong conclusions, dubbed the Cairo Consensus here, but its analysis is helped by the mix of expertise and local knowledge embodied in this book.' - Richard Pomfret, University of Adelaide, Australia