The Impacts of Economic Globalization on the Developing Countries
Zhu Ai
Abstract
Zhu Ai
Abstract
Economic globalization is one of the most obvious tendencies in contemporary world economic development.It brings these developing countries opportunities and interests as well as challenges and mischance.A further study on the reasons of economic globalization and its impacts on developing countries are made and the countermeasures the developing countries should take is discussed.The study will be of great help to developing countries' participation in globalization positively,making use of advantages and avoiding disadvantages,seeking their development.
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Economic globalization is one of the most obvious tendencies in contemporary world economic development.It brings these developing countries opportunities and interests as well as challenges and mischance.A further study on the reasons of economic globalization and its impacts on developing countries are made and the countermeasures the developing countries should take is discussed.The study will be of great help to developing countries' participation in globalization positively,making use of advantages and avoiding disadvantages,seeking their development.
Key concepts: Globalization, Developing country, Economic globalization, Development economics, Developed country, Economic growth, Business, Economic system