Monday, April 28, 2008

[IWS] IILS: HARNESSING GLOBALIZATION FOR DEVELOPMENT: OPPORTUNITIES & OBSTACLES [2008]

IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations
-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor
---------------------- Stuart Basefsky
New York, NY 10016
-------------------------------Director, IWS News Bureau
________________________________________________________________________

International Institute for Labour Studies (IILS) at the (ILO)
Discussion Paper 187

Harnessing globalization for development: Opportunities and obstacles [2008]
by Eddy Lee
http://www.ilo.org/public/english/bureau/inst/download/dp18708.pdf
[full-text, 42 pages]

[excerpt]
This paper examines the conditions under which globalisation improves the socio-economic
prospects in developing countries. It is often claimed that the impact of globalisation depends
crucially on domestic policies. Accordingly, the expectation is that, in the presence of welldesigned
domestic policies and institutions, globalisation will spur economic growth and
promote job creation. The purpose of this paper is to examine the validity of this premise, based
on a review of available studies.

The paper notes that there is no simple-minded link between globalisation and
development. Some developing countries have engaged in freer trade and investment policies,
and yet results have been disappointing so far. By contrast, some successful performers have
not adopted orthodox liberalisation policies.

The paper looks into possible explanations behind country heterogeneity in the response to
globalisation. These include different national policies, the role of international rules and
standards and the pace and nature of the globalisation process itself. Paradoxically, the latter is
often an omitted factor, and yet, according to the paper, it plays a crucial role.


TABLE OF CONTENTS
Preface ........................................................................................................................................................v
I. Introduction............................................................................................................................................1
II. New dimensions of globalization ..........................................................................................................2
i) The expanding scope......................................................................................................................... 2
ii) Forces driving increasing linkages................................................................................................... 5
III. Globalization and the prospects for development...........................................................................10
i) Rapid convergence globally? .......................................................................................................... 11
ii) Convergence among developing countries?................................................................................... 13
IV. Pathways into the global economy ....................................................................................................15
i) Global manufacturing ..................................................................................................................... 15
ii) Global services.............................................................................................................................. 17
iii) Global agriculture ..........................................................................................................................18
iv) Global finance...............................................................................................................................20
v) International migration....................................................................................................................22
V. Policy issues .........................................................................................................................................25
i) International policies....................................................................................................................... 25
ii) National policies ............................................................................................................................ 27
iii) Concluding remarks...................................................................................................................... 31
______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

****************************************
Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
****************************************






<< Home

This page is powered by Blogger. Isn't yours?