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Development through Globalization?

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Advancing Development

Part of the book series: Studies in Development Economics and Policy ((SDEP))

Abstract

Globalization, which gathered momentum during the last quarter of the twentieth century, has created unparalleled opportunities and posed unprecedented challenges for development. Yet, the virtual ideology of our times has transformed globalization from a descriptive word into a prescriptive word. But the reality that has unfolded so far belies the expectations of the ideologues. The exclusion of countries and of people from globalization, which is partly attributable to the logic of markets, is a fact of life. Even so, there is a strong belief and an influential view that globalization is the road to development during the first quarter of the twenty-first century.1 In a volume that seeks to think ahead about the future of development economics, development through globalization is an appropriate theme. It is even more appropriate, perhaps, with a question mark at the end.

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© 2007 United Nations University

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Nayyar, D. (2007). Development through Globalization?. In: Mavrotas, G., Shorrocks, A. (eds) Advancing Development. Studies in Development Economics and Policy. Palgrave Macmillan, London. https://doi.org/10.1057/9780230801462_31

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