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Peter Burnell The UN Doha Follow-up International Conference on Financing for Development, held late in 2008, reminds us of how far foreign aid has come but also how far there is to go since the Monterrey International Conference on Financing for Development in 2002. It is worth reminding ourselves...
– The Road Ahead
For much of the last 30 years the global economy has had a limited impact on poverty alleviation. But there are now grounds for optimism. Presently, global liquidity is ample, pushing investors into parts of the world they previously avoided, and private investment is rising. A new and more positive...
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– New Spirit or Old Hangover?
This study is premised on the view that reports circulating in the 1990s, claiming foreign aid was in terminal crisis, were premature. Aid’s reviving fortunes are explained in terms both of a growing awareness of the uneven implications of globalization and the after-effects of the terrorist events...
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– The Importance of ICT and Democratization
Foreign direct investment (FDI) has increased dramatically in recent years. However, the distribution of FDI is highly unequal and very poor countries face major difficulties in attracting foreign investors. This paper investigates the determinants of FDI inflows to developing countries, with a...
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– Regime Formation and the Impact on Africa
This paper combines a theoretical perspective on globalization and the information society with a critical usage of international regime theory in order to contribute to a better understanding of the current historical period of transition from an international telecommunications regime to a new and...
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We study the determinants of stock market development and the growing migration of capital raising, listing, and trading activity to international exchanges. Economies with higher income per capita, sounder macro policies, more efficient legal systems with better shareholder protection, and more...
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– Evidence from the Transition Economies
Over the past few years, many commentators have suggested that the Internet is one of the forces driving globalization. This paper tries to assess one aspect of these claims, looking at whether Internet access appears to affect the export performance of enterprises in low- and middle-income...
This excellent new book contains contributions from a number of leading experts and is the result of the UNU/WIDER project on globalization and low-income countries. The discussion focuses in on how to harness globalization for the benefit of present day marginalized countries and enhance their...
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The decline, or stagnation, in broad-based social expenditure, so crucial to the well being of mother and child, occurs because of various reasons. First, the government may derive less utility from this category of expenditure, compared to spending on its political support group, the military or...
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By globalization we mean an external shock; specifically an increased world demand for various goods (or bads) including the products and services which are illegal. We analyse the effects of these shocks on growth and capital stocks by utilizing two different models. The first examines an exogenous...
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This paper examines the impact of increasing integration of the island economies of the South Pacific into expanding international markets, particularly that of Fiji and the Solomon Islands. Since the 1980s, globalization of the world economy has altered dramatically the volume and character of...
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– Laos and Vietnam
This paper examines the impact of globalization on two transitional economies in Asia. Both countries have undergone a radical economic reform process over the past decade, assisted by increases in external trade flows, foreign investment activity, and external assistance. However, the pace of...
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Globalization has drastically improved access of technological latecomers to advanced technologies and provides a unique opportunity for low-income countries to raise per capita income. This paper shows that low-income countries as a group have in fact substantially increased the GDP-ratio of...
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– Relative Success and Comparative Failure
Botswana and Zimbabwe represent two cases of differential access to the world economy. Notwithstanding its lack of diversification and its reliance on a primary mineral export, Botswana has prospered while Zimbabwe has fallen into a deep crisis. Historical and comparative evidence allows us to...
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This paper discusses the experience with opening up to the global economy of two small Central American countries, Honduras and Nicaragua. They have both strengthened democratic processes and reduced defence expenditure dramatically. Both have liberalized their trade régimes in the context of...
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– Does It Help Those Who Help Themselves?
This paper reviews main S&D provisions for developing countries under the GATT-WTO trading system and discusses issues relating to the future of S&D treatment from the perspective of the least-developed countries (LDCs). It argues that negotiations on S&D provisions in the next trade round must take...
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