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Publications (9)
Globalization offers new opportunities for accelerating development and poverty reduction, but also poses new challenges for policymakers. And there is much concern about the distribution of benefits; in particular whether the poor gain from globalization, and under what circumstances it may...
– Growth, Trade, Investment and Institutional Developments
There has been considerable media coverage of China’s trade and financial activities, on India’s emergence as a technology and innovation hub, and on the commerce and investment interactions between China, India, Brazil, and South Africa and other developing nations. For example, China has been...
This issue analyses the impact of globalization on Africa and present an overview of the six Africa case studies.
– the Unfinished Agenda
As one of globalisation's most visible dimensions, foreign direct investment (FDI) is central to the prospects for developing countries in the world economy. Key issues include the direction of causation between FDI and growth, the potential role of the new information and communication technologies...
Members of the CFA-zone enjoy currency convertibility, fiscal and monetary policies which are more prudent than SSA as a whole, and a large amount of financial and technical assistance. These advantages do not appear, however, to have resulted in more rapid economic and human development in the CFA...
The real value of official aid flows fell for much of the 1990s, and private capital flows to low-income countries remain mostly limited. The decline in aid flows may endanger the development process, since they finance much of the development budget in many poor countries. However, while aid in...
– Selected Issues
When the Uruguay Round was being negotiated and it was coming to a close, a number of estimates were made about the impact of the agreement on poor countries. Many of the assessments indicated that there would be a net loss for them while others came up with a more positive scenario. Now that the...
The world economy is undergoing a fundamental structural change driven by the globalization of business on the one hand and by the revolution in information andcommunication technology on the other. The New Economy is the superior economic structure that is expected to arise as an outcome of these...
This special issue of the Journal of International Development presents the results of a study initiated two years ago by UNU/WIDER on `The impact of the liberalization of the exchange rate and financial markets in sub-Saharan Africa'. The project has benefited from the contributions of African and...
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