Globalization and Developing Nations

Paper Summary:

This paper analyzes globalization in developing countries, contrasting the arguments made by neoliberal theorists and dependency theorists. The paper quotes the argument that the key factor limiting development in much of the world is the continued dominance of rent-collecting elites, neither caused by nor eliminated by globalization.

From the Paper:

"In the last few years, globalization has become a topic of global controversy. Since the late ?'s, major trade conferences and other institutional events associated with economic globalization have become regular sites of mass protests, the protesters evidently being fully as globalized in character as the organizations that they are protesting against. Many of the specific objections to economic globalization are local in spite of the global scope of the anti-globalization movement."

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