Globalization and Development

  • S. Javed Maswood
Part of the International Political Economy Series book series (IPES)


This chapter deals with how globalization has affected growth and development in developing countries. After briefly surveying the debate between proponents and critics of globalization, the chapter essentially seeks to make the point that even as developing countries face a limited menu of choice with the collapse of alternative to neo-classical development models, globalization has provided new opportunities to advance industrialization by linking into global production networks with one single component in the manufacturing process of any product, a task that is presumably easier than establishing a full and comprehensive manufacturing process in any industry. Several developing countries have had considerable success in this endeavor and provide a pathway for others to follow.


Country's Development Developmental State Model United Nations Conference On Trade And Development (UNCTAD) General Agreement On Tariffs And Trade (GATT) Special Economic Zones (SEZs) 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


  1. Amin, S. 1997. Capitalism in the Age of Globalization. London: Zed Books.Google Scholar
  2. Amsden, Alice H. 1989. Asia’s Next Giant: South Korea and Late Industrialization. New York and Oxford: Oxford University Press.Google Scholar
  3. Appleby, J. 2010. The Relentless Revolution: A History of Capitalism. New York and London: W.W. Norton & Company.Google Scholar
  4. Auty, R. 2011. Early Reform Zones: Catalysts for Dynamic Market Economies in Africa. In Special Economic Zones: Progress, Emerging Challenges, and Future Directions, ed. Thomas Farole and Gokhan Akinci. Washington, DC: The World Bank.Google Scholar
  5. Baer, W. 1989. The Brazilian Economy: Growth and Development. 3rd ed. New York: Praeger.Google Scholar
  6. Balasubramanyam, V.N. 1988. Export Processing Zones in Developing Countries: Theory and Empirical Evidence. In Economic Development and International Trade, ed. David Greenaway. New York: St. Martin’s Press.Google Scholar
  7. Bevacqua, R. 1998. Whither the Japanese Model? The Asian Economic Crisis and the Continuation of Cold War Politics in the Pacific Rim. Review of International Political Economy 5 (3): 410–423.CrossRefGoogle Scholar
  8. Brautigam, Deborah, and Tang Xiaoyang. 2011a. China’s Investment in Special Economic Zones in Africa. In Special Economic Zones: Progress, Emerging Challenges, and Future Directions, ed. Thomas Farole and Gokhan Akinci. Washington, DC: The World Bank.Google Scholar
  9. ———. 2011b. African Shenzhen: China’ Special Economic Zones in Africa. Journal of Modern African Studies 49 (1): 27–54.CrossRefGoogle Scholar
  10. Chang, Ha-Joon. 1999. The Economic Theory of the Developmental State. In The Developmental State, ed. Meredith Woo-Cumings. Ithaca and London: Cornell University Press.Google Scholar
  11. ———. 2007. Bad Samaritans, Rich Nations, Poor Policies & The Threat to the Developing World. London: Random House Business Books.Google Scholar
  12. ———. 2008. The Third World Industrial Revolution in Historical Perspective. In Issues in Economic Development and Globalization: Essays in Honour of Ajit Singh, ed. Philip Arestis and John Eatwell. Houndmills: Palgrave Macmillan.Google Scholar
  13. Collier, P. 2008. Africa and Globalization. In The Future of Globalization: Explorations in Light of Recent Turbulence, ed. Enesto Zedillo. London and New York: Routledge.Google Scholar
  14. Doner, Richard F. 2009. The Politics of Uneven Development: Thailand’s Economic Growth in Comparative Perspective. Cambridge: Cambridge University Press.CrossRefGoogle Scholar
  15. Easterly, W. 2001. The Lost Decades: Developing Countries’ Stagnation in Spite of Policy Reform 1980–1998. Typescript.
  16. Evans, P. 1979. Dependent Development: The Alliance of Multinational, State, and Local Capital in Brazil. Princeton, NJ: Princeton University Press.Google Scholar
  17. Falk, R. 1999. Predatory Globalization: A Critique. Cambridge, UK: Polity Press.Google Scholar
  18. Farole, T., and G. Akinci. 2006. Introduction. In Special Economic Zones: Progress, Emerging Challenges, and Future Directions, ed. Thomas Farole and Gokhan Akinci. Washington, DC: The World Bank.Google Scholar
  19. Fukuyama, F. 1992. The End of History and the Last Man. New York: The Free Press.Google Scholar
  20. Gallagher, Kelly S. 2006. China Shifts Gears: Automakers, Oil, Pollution, and Development. Cambridge: The MIT Press.Google Scholar
  21. Gerschenkron, A. 1962. Economic Backwardness in Historical Perspective: A Book of Essays. Cambridge: The Belknap Press of Harvard University Press.Google Scholar
  22. Haber, S. 2006. The Political Economy of Industrialization. In The Cambridge Economic History of Latin America: The Long Twentieth Century, ed. V. Bulmer-Thomas, John H. Coatsworth, and Roberto Cortes Conde, vol. 2. Cambridge: Cambridge University Press.Google Scholar
  23. Holland, B. 1980. The Fall of Protection: 1840–1850. Philadelphia: Porcupine Press.Google Scholar
  24. Hsueh, R. 2011. China’s Regulatory State: A New Strategy for Globalization. Ithaca and London: Cornell University Press.CrossRefGoogle Scholar
  25. IMF. 2011. Revenue Mobilization in Developing Countries. Prepared by the Fiscal Affairs Department, Washington, DC, March.
  26. ITC. 2013. LDCs and Global Value Chains: Using Aid for Trade to Seize New Opportunities. Technical Paper, Document No. BTP-13-23T.E, International Trade Center, Geneva.Google Scholar
  27. Johnson, Chalmers. 1982. MITI and the Japanese Miracle: The Growth of Industrial Policy, 1925-1975. California: Stanford University Press.Google Scholar
  28. ———. 1999. The Developmental State: Odyssey of a Concept. In The Developmental State, ed. Meredith Woo-Cumings. Ithaca and London: Cornell University Press.Google Scholar
  29. Jomo, Kwame S., and Rudiger von Arnim. 2008. Economic Liberalization and Constraints to Development in Sub-Saharan Africa. UN/DESA Working Paper No. 67, September, Department of Economic and Social Affairs, United Nations, New York.
  30. Krueger, Anne O. 1997. Trade Policy and Economic Development: How We Learn. American Economic Review 87 (1, March): 1–22.Google Scholar
  31. Krugman, Paul. 1994. The Myth of Asia’s Miracle. Foreign Affairs 73 (6, November/December): 62–78.CrossRefGoogle Scholar
  32. Lal, Deepak. 2000. The Poverty of Development Economics. 2nd ed. Cambridge: The MIT Press.Google Scholar
  33. McNally, Christopher. 2012. Sino-Capitalism: China’s Reemergence and the International Political Economy. World Politics 64 (4, October): 741–776.CrossRefGoogle Scholar
  34. Myrdal, Gunnar. 1968. Asian Drama: An Inquiry into the Poverty of Nations. Vol. 1. Harmondsworth, UK: Penguin Books.Google Scholar
  35. Nooruddin, I., and Nita Rudra. 2014. Are Developing Countries Really Defying the Embedded Liberalism Compact? World Politics 66 (4, October): 603–640.CrossRefGoogle Scholar
  36. OECD, and World Bank Group. 2015. Inclusive Global Value Chains: Policy Options in Trade and Complementary Areas for GVC Integration by Small and Medium Enterprise and Low-Income Developing Countries. Report prepared for submission to G20 Trade Ministers Meeting, Istanbul, Turkey, October 6.Google Scholar
  37. OECD and WTO. 2013. Aid for Trade at a Glance 2013: Connecting to Value Chains. An e book published by OECD, Paris and WTO, Geneva.Google Scholar
  38. Palit, A., and Subhomoy Bhattacharjee. 2008. Special Economic Zones in India: Myths and Realities. New Delhi: Anthem Press.Google Scholar
  39. Riedel, J. 1988. Trade as an Engine of Growth: Theory and Evidence. In Economic Development and International Trade, ed. David Greenaway. New York: St Martin’s Press.Google Scholar
  40. Rodrik, D. 2009. The Global Governance of Trade as if Development Really Mattered. In International Economics, Globalization, and Policy: A Reader, ed. Philip King and Sharmila King, 5th ed. New York: McGraw-Hill/Irwin.Google Scholar
  41. Sachs, J. 2005. The End of Poverty: How We Can Make it Happen in our Lifetime. London: Penguin Books.Google Scholar
  42. Saul, John S. 2006. Development After Globalization: Theory and Practice for the Embattled South in a New Imperial Age. Gurgaon, India: Three Essays Collective.Google Scholar
  43. Stiglitz, Joseph E. 1996. Some Lessons from the East Asian Miracle. The World Bank Research Quarterly 11 (2, August): 151–177.CrossRefGoogle Scholar
  44. ———. 2005. The Overselling of Globalization. In Globalization: What’s New, ed. Michael M. Weinstein. New York: Columbia University Press.Google Scholar
  45. ———. 2006. Making Globalization Work. New York and London: W.W. Norton & Company.Google Scholar
  46. Sturgeon, Timothy J., and Olga Memedovic. 2011. Mapping Global Value Chains: Intermediate Goods Trade and Structural Change in the World Economy. Working Paper 05/2010, Development Policy and Strategic Research Branch, United National Industrial Development Organization, Vienna.Google Scholar
  47. Sundaram, Jomo K., Oliver Schwank, and R. von Arnim. 2015. Globalization and Development in Sub-Saharan Africa. DESA Working Paper No. 102, Department of Economic and Social Affairs, United Nations, New York.Google Scholar
  48. Szirmai, A., Wim Naude, and Ludovico Alcorta. 2013. Introduction and Overview: The Past, Present, and Future of Industrialization. In Pathways to Industrialization in the Twenty-First Century, ed. Adam Szirmani et al. Oxford: Oxford University Press.CrossRefGoogle Scholar
  49. Taglioni, Daria, and Deborah Winkler. 2014. Making Global Value Chains Work for Development. Economic Premise, No. 143. World Bank, Washington, DC, pp. 1–10.
  50. Thompson, W.R., and Rafael Reuveny. 2010. Limits to Globalization: North-South Divergence. London and New York: Routledge.Google Scholar
  51. UNCTAD. 2014. Economic Development in Africa Report 2014: Catalysing Investment for Transformative Growth in Africa. New York and Geneva: United Nations.CrossRefGoogle Scholar
  52. Vilakazi, Herbert W. 2007. Globalization, Development and the Nation-State in Africa. In Africa in the 21st Century: Toward a New Future, ed. Ama Mazama. New York and London: Routledge.Google Scholar
  53. Wade, Robert. 2011. Resolving the State-Market Dilemma in East Asia. In The Role of the State in Economic Change, ed. Ha-Joon Chang and Robert Rowthorn. Oxford: Oxford University Press.Google Scholar
  54. WTO. 2014. World Trade Report 2014. Geneva: World Trade Organization.Google Scholar
  55. Yew, Chiew Ping. 2013. Rising Trend of Labour Strikes: Tables Turned for Chinese Workers. In China: Development and Governance, ed. Wang Gungwu and Zheng Yongnian. Singapore: World Scientific.Google Scholar
  56. Zeng, Douglas Z. 2015. Global Experiences with Special Economic Zones—With a Focus on China and Africa. Paper prepared for Investing in Africa Forum, Addis Ababa, Ethiopia, February.Google Scholar

Copyright information

© The Author(s) 2018

Authors and Affiliations

  • S. Javed Maswood
    • 1
  1. 1.Department of Political ScienceAmerican University in CairoNew CairoEgypt

Personalised recommendations