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Beyond Prosperity: Reconciling the Economics and Philosophy of Globalization Amidst Persistent Impoverishment in the Developing World

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  • Rizwan Ahmad YAZERKEM

    (Developing World Studies)

Abstract

The economics and philosophy of Globalization are generally not discussed together. This paper assesses the claims of economic prosperity through economic integration in the backdrop of cultural, political and social value system implications of Globalization. This debate becomes important when we see a major part of developing world still struggling with impoverishment while cheerleaders of Globalization already claim a success story out of increased integration of developed and developing economies post 1980s.

Suggested Citation

  • Rizwan Ahmad YAZERKEM, 2025. "Beyond Prosperity: Reconciling the Economics and Philosophy of Globalization Amidst Persistent Impoverishment in the Developing World," Journal of Economics Library, EconSciences Journals, vol. 12(2), pages 74-82, June.
    • Handle: RePEc:cvv:journ5:v:12:y:2025:i:2:p:74-82
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    References listed on IDEAS

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    3. Joseph Stiglitz, 2004. "The Process of European Integration and the Future of Europe," ECE Discussion Papers Series 2004_1, UNECE.
    4. Robert J. Barro, 2001. "Economic Growth in East Asia Before and After the Financial Crisis," NBER Working Papers 8330, National Bureau of Economic Research, Inc.
    5. Edwards, Sebastian, 1993. "Openness, Trade Liberalization, and Growth in Developing Countries," Journal of Economic Literature, American Economic Association, vol. 31(3), pages 1358-1393, September.
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    Keywords

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    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • F60 - International Economics - - Economic Impacts of Globalization - - - General

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