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Solving the Riddle of Globalization and Development (Routledge Studies in the Modern World Economy)
Routledge | 272 pages | 2006 | ISBN: 0415770319 | PDF | 1.3 mb
In the past two decades many developing countries have embraced the challenge of globalization by rushing to dismantle trade barriers and promoting increasingly liberal market-oriented policies. However, a broader response to globalization is both necessary and possible if countries are to develop as quickly and as fully as possible.
An internationally renowned team of contributors examines the complex network of connections between globalization, liberalization and human and social development and the implications for international development policy, strategy and practice.
Solving the Riddle of Globalization and Development advocates the inclusion of sustainable human development as a key element in countries' responses to globalization and builds on many of the best responses to globalization that the programme has encountered: from governments, business and civil society. Key points include the need to nurture an enabling environment, promote education and R&D, expand economic choices for everyone and foster a policy-making process that connects all social groups to the economy. These elements, coupled with sound macroeconomics management, are all required in equipping a country to integrate more effectively into the world economy.
The innovative new approach to globalization and development set out in this volume will be essential reading for academics and practitioners alike.