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Globalisation as It Affects Developing Countries

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Globalisation as It Affects Developing Countries
UB NUMBER: 10006436

MODULE: MANAGEMENT IN CONTEXT

ATTENDANCE MODE: FULL TIME

TUTORIAL GROUP: A4

MODULE LEADER: PROFESSOR NANCY HARDING

PROGRAMME: INTERNATIONAL BUSINESS MANAGEMENT

DATE OF SUBMISSION: 18th NOV 2010

I certify that this assignment is the result of my own work and does not exceed the word count noted below.

983 Number of words (excluding references)

Globalisation has had adverse effects and implications and this paper examines as it affects developing countries. It’s a comparative review of two articles; “The evolution of development economics and globalisation” by Piasecki and Wolnicki (2004) and “Could developing countries take the benefit of globalisation?” by Hartungi (2006). Effort was made to also identify points of congruence between the two articles as well as different views on globalisation trends experienced in developing countries. The general consensus is that globalisation theories reflecting economic growth and development are not a true representation of economic realities in developing countries. It is also clear that the articles do not identify the positive effects of globalisation. A holistic unbiased approach is thus encouraged in the understanding of globalisation as there is the tendency to get carried away with theoretical approaches while ignoring practical implications.

Hartungi (2006) describes the various concepts of globalisation and how it has affected developing countries. The article is focused on the debate on whether developing countries can benefit from globalisation and the involvement of the domestic nation-state in maximising these benefits. It identifies the dependency of economic development not only on domestic policies but on market forces and global influences of international trade. The possible positives of globalisation to developing countries are briefly highlighted in the



References: Hartungi, R. (2006) ”Could Developing Countries Take Benefit of Globalization?” International Journal of Economics.Vol.33, No. 11, pp.728-743 Kabilan, M. (2007) “Writing Critical Literature Review”, Scribd, 9 January, available at: www.scribd.com/doc/267683/Writing-Critical-Literature-Review Piasecki, R. and Wolnicki, M. (2004) “The evolution of development economics and globalization” International Journal of Social Economics. Vol.31, No. 3, pp. 300-314

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