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http://hdl.handle.net/10419/2691
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| Title: | | Why economic growth trends differ so much across developing countries : the globalization debate and its relevance to Pakistan  |
| Authors: | | Nunnenkamp, Peter |
| Issue Date: | | 2002 |
| Series/Report no.: | | Kieler Arbeitspapiere 1091 |
| Abstract: | | The claim of globalization critics that the income gap to industrial countries is bound to widen for essentially all developing countries as a consequence of economic globalization is in conflict with empirical evidence. Economic performance differs tremendously across developing countries. We discuss several factors such as capital accumulation, openness to trade and foreign indebtedness which may explain the varying experience with globalization in regard to per capita income growth and income distribution. Economic restructuring is shown to represent an important – though frequently neglected – link between globalization and country-specific performance. We conclude that national policymakers continue to have effective leverage to promote economic catching- up and poverty alleviation in the countries they govern. |
| Subjects: | | economic growth income inequality economic restructuring openness to trade globalization critics |
| JEL: | | O10 O57 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des IfW Economists Online Kieler Arbeitspapiere, IfW
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