Globalization and Liberalization: the Impact on Developing Countries : The Macro-Economy of Development

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.Stallings, Barbara is the author of 'Globalization and Liberalization: the Impact on Developing Countries : The Macro-Economy of Development', published 2005 under ISBN 9789211213133 and ISBN 9211213134.