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2018 | OriginalPaper | Chapter

5. Globalization and Development

Author : S. Javed Maswood

Published in: Revisiting Globalization and the Rise of Global Production Networks

Publisher: Springer International Publishing

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Abstract

This chapter deals with how globalization has affected growth and development in developing countries. After briefly surveying the debate between proponents and critics of globalization, the chapter essentially seeks to make the point that even as developing countries face a limited menu of choice with the collapse of alternative to neo-classical development models, globalization has provided new opportunities to advance industrialization by linking into global production networks with one single component in the manufacturing process of any product, a task that is presumably easier than establishing a full and comprehensive manufacturing process in any industry. Several developing countries have had considerable success in this endeavor and provide a pathway for others to follow.

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Metadata
Title
Globalization and Development
Author
S. Javed Maswood
Copyright Year
2018
Book
Revisiting Globalization and the Rise of Global Production Networks

Print ISBN: 978-3-319-60293-6

Electronic ISBN: 978-3-319-60294-3

Copyright Year: 2018

DOI
https://doi.org/10.1007/978-3-319-60294-3_5