Globalization and Human Welfare in Industrially Developing Countries
The last quarter of the twentieth century witnessed an acceleration of the process of globalization and a deeper incorporation of the industrially developing countries (IDCs) into the global economy, polity and culture. Global investment and trade with IDCs increased; a greater number of IDCs espoused western democratic forms of government or joined the various UNO bodies; and, on the cultural domain, the influence of western culture reached heights that are considered by many as a threat to indigenous cultures.
KeywordsEconomic Growth Foreign Direct Investment Poverty Line World Trade Organization Human Welfare
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