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Globalisation and development: challenges for developing countries

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  • M.M. Haris Aslam
  • Sarwar M. Azhar

Abstract

Globalisation in the recent times has resulted in increased interdependence between the countries. While the process of globalisation holds the promise of development for all, it has been argued by various researchers that situation on ground is otherwise. There is considerable disagreement about whether globalisation is equally beneficial for all countries or is it more favourable for developed countries? While both sides have strong arguments, there is no escape from the fact that the current globalisation process seems hardly reversible. Even if the developing countries (DCs) are currently at a disadvantageous position, they cannot stop the process. Current study highlights the challenges presented by the globalisation process to the developing countries in the areas of trade and industry, employment, poverty alleviating and income distribution, environment, and intellectual property rights. Dealing with these challenges can help developing countries integrate in the world economy in a better way.

Suggested Citation

  • M.M. Haris Aslam & Sarwar M. Azhar, 2013. "Globalisation and development: challenges for developing countries," International Journal of Economic Policy in Emerging Economies, Inderscience Enterprises Ltd, vol. 6(2), pages 158-167.
    • Handle: RePEc:ids:ijepee:v:6:y:2013:i:2:p:158-167
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    Cited by:

    1. Popkova, Elena G. & Sergi, Bruno S., 2020. "A Digital Economy to Develop Policy Related to Transport and Logistics. Predictive Lessons from Russia," Land Use Policy, Elsevier, vol. 99(C).
    2. Elena Popkova & Oksana Chechina & Aleksandra Sultanova, 2016. "Structural and Logical Model of Contemporary Global Economic System," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 218-227.

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