The Current Contestations on the Influence of Globalization on Development and Ideal Mechanisms that can be Adopted by the Third World in Response to the Phenomenon


Authors : EVANS MOMANYI GETEMBE

Volume/Issue : Volume 9 - 2024, Issue 11 - November


Google Scholar : https://tinyurl.com/y49xb2j8

Scribd : https://tinyurl.com/2dm6z487

DOI : https://doi.org/10.5281/zenodo.14534982


Abstract : Globalization, as a multidimensional phenomenon, has significantly impacted development trajectories around the world. In Third World countries, the influence of globalization is contested, with debates focusing on its benefits and drawbacks. This paper explores the current contestations surrounding globalization's impact on development and proposes mechanisms that Third World countries can adopt to harness its potential benefits while mitigating adverse effects. By analyzing existing literature, case studies, and policy recommendations, this study aims to provide a comprehensive understanding of how Third World nations can navigate the complex landscape of globalization.

References :

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  7. Rodrik, D. (2011). The Globalization Paradox: Democracy and the Future of the World Economy. W.W. Norton & Company.
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  12. Government of India. (2022). India’s Economic Policy and Global Integration. Retrieved from [Government of India] (https://www.india.gov.in).

Globalization, as a multidimensional phenomenon, has significantly impacted development trajectories around the world. In Third World countries, the influence of globalization is contested, with debates focusing on its benefits and drawbacks. This paper explores the current contestations surrounding globalization's impact on development and proposes mechanisms that Third World countries can adopt to harness its potential benefits while mitigating adverse effects. By analyzing existing literature, case studies, and policy recommendations, this study aims to provide a comprehensive understanding of how Third World nations can navigate the complex landscape of globalization.

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