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Globalization and the Least Developed Countries - Potentials and Pitfalls (Hardcover)
Loot Price: R3,280
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Globalization and the Least Developed Countries - Potentials and Pitfalls (Hardcover)
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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. As the
world's awareness of issues concerning globalization grows, this
study will provide valuable insights.
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