The Effect of Economic Globalization on the Developing Countries and the Option of Their Solutions
Yanming Li
Abstract
Yanming Li
Abstract
Economic globalization is the inevitable result and objective demand of the human sociiety,which is of progressive historical significance.Economic globalization is a'sword with two sharp blades.It provides the developing countries a nwe opporturity to strenthen the development of their economies and catch up with the developed countries,but it inevitablyecomes a challenge to the sovereignty and the economic safety of the developing countries as well, resulting in a lot of negative effect.During the process of economic globalization,the developing countries should begin their work from their own countries' realities,work sensibly and avoid following blindly,not only actively participating in the process of economic globalization,but also bravely facing the challenge,to work out the strategic option according to their own nations' ralities,in order to get the maximum profit for their countries and nations
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Economic globalization is the inevitable result and objective demand of the human sociiety,which is of progressive historical significance.Economic globalization is a'sword with two sharp blades.It provides the developing countries a nwe opporturity to strenthen the development of their economies and catch up with the developed countries,but it inevitablyecomes a challenge to the sovereignty and the economic safety of the developing countries as well, resulting in a lot of negative effect.During the process of economic globalization,the developing countries should begin their work from their own countries' realities,work sensibly and avoid following blindly,not only actively participating in the process of economic globalization,but also bravely facing the challenge,to work out the strategic option according to their own nations' ralities,in order to get the maximum profit for their countries and nations
Key concepts: Globalization, Developing country, Economic globalization, Sovereignty, Profit (economics), Work (physics), Economics, SWORD