Arbeitspapier

Why economic growth trends differ so much across developing countries: the globalization debate and its relevance to Pakistan

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.

Sprache
Englisch

Erschienen in
Series: Kiel Working Paper ; No. 1091

Klassifikation
Wirtschaft
Economic Development: General
Comparative Studies of Countries
Thema
income inequality
economic restructuring
openness to trade
globalization critics
economic growth
Wirtschaftswachstum
Entwicklungskonvergenz
Einkommensverteilung
Globalisierung
Internationale Arbeitsteilung
Strukturwandel
Investition
Bildungsinvestition
Politik der offenen Tür
Auslandsverschuldung
Vergleich
Entwicklungsländer
Pakistan

Ereignis
Geistige Schöpfung
(wer)
Nunnenkamp, Peter
Ereignis
Veröffentlichung
(wer)
Kiel Institute of World Economics (IfW)
(wo)
Kiel
(wann)
2002

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Nunnenkamp, Peter
  • Kiel Institute of World Economics (IfW)

Entstanden

  • 2002

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