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Globalization and economic growth: a case study in a few developing countries (1980-2010)


Moghaddam, Abdolmajid Arfaei and Redzuan, Ma'rof (2012) Globalization and economic growth: a case study in a few developing countries (1980-2010). Research in World Economy, 3 (1). pp. 54-62. ISSN 1923-3981; ESSN: 1923-399X


The objective this study is to investigate the globalization indicators for measuring and evaluating the economic development scale. The output generated from eight selected countries revealed a fast improvement in the Gross Domestic Product (GDP) and economic growth rate. Significantly, attraction of Foreign Direct Investment (FDI) and rise of FDI as a percentage of GDP in these countries have impacted positively on foreign trade at international and regional levels. The data from these countries show that substantial growth in their economies is related unprecedented high FDI inflows. Generally, they had economic development and access to high income and as active players in the global economy.

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Additional Metadata

Item Type: Article
Divisions: Faculty of Human Ecology
DOI Number: https://doi.org/10.5430/rwe.v3n1p54
Publisher: Sciedu Press
Keywords: Globalization; FDI; GDP; Exports and imports of goods; Economic growth rate
Depositing User: Nabilah Mustapa
Date Deposited: 05 Mar 2020 06:34
Last Modified: 05 Mar 2020 06:34
Altmetrics: http://www.altmetric.com/details.php?domain=psasir.upm.edu.my&doi=10.5430/rwe.v3n1p54
URI: http://psasir.upm.edu.my/id/eprint/22675
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