Krönikor
Globalization is good for the LDCs – but not good enough
The world’s most marginalized areas are chronically poor and their futures look bleak. How will they ever be able to rise out of the trap of practically nonexistent growth and hopeless health prospects, people ask. Many then answer that increasing interconnectedness with the rest of the world, through contemporary globalization, just might be the panacea these countries so desperately seek. This article tries to explore this suggestion by looking at the economic empirics as well as at what ought to be done better in the future. (mer …)
