Globalization and Liberalization: The Impact on Developing Countries

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This paper analyzes the impact of globalization on developing countries over the last several decades. The first section examines the components and mechanisms of globalization. The second turns to financial globalization and looks in more detail at the changing trends in finance for developing countries. The third section analyzes the impact of the new pattern of finance in terms of growth, equity and government autonomy. The concluding section offers policy recommendations for making globalization a more positive force.
 

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Contents

Summary
5
ll Developing Countries in a World
13
Ill The Impact of the New Pattern of Financial Flows
19
A Intemational policies
29
Issues published
37
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