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Globalization, Preference Change and Consumer Welfare in Developing Countries

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Abstract

Among numerous other things, globalization means a greater exposure of developing countries to products and product innovations occurring in the developed countries. And partly as a result of this increased exposure and partly for other reasons that are described below, globalization often also entails a change in preferences among consumers in developing countries in favour of such products.

Keywords

Product Innovation Welfare Effect Preference Change Indifference Curve Consumer Welfare 
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.

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Copyright information

© Jeffrey James 2000

Authors and Affiliations

  1. 1.Tilburg UniversityThe Netherlands

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