Globalization and Economic Development: Impact of Social Capital and Institutional Building

Countries engaged actively in globalization have experienced phenomenal changes in economic, social, cultural, political, and technological progress. Some countries have benefited significantly from greater integration, while others have held globalization accountable for their economic failure and...

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Main Authors: Cheng, Ming Yu, Mittelhammer, Ron
Format: Article
Published: WILEY-BLACKWELL PUBLISHING 2008
Subjects:
Online Access:http://shdl.mmu.edu.my/2152/
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author Cheng, Ming Yu
Mittelhammer, Ron
author_facet Cheng, Ming Yu
Mittelhammer, Ron
author_sort Cheng, Ming Yu
building MMU Institutional Repository
collection Online Access
description Countries engaged actively in globalization have experienced phenomenal changes in economic, social, cultural, political, and technological progress. Some countries have benefited significantly from greater integration, while others have held globalization accountable for their economic failure and instability. Globalization introduces new political and social challenges. Benefiting from globalization requires complementary institutions and social development to deal with the changes and risks introduced by greater openness. This article examines whether globalization benefits economic development and how the developing countries could gain from globalization through their social capital and institutional building.
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spelling mmu-21522011-09-21T07:55:12Z http://shdl.mmu.edu.my/2152/ Globalization and Economic Development: Impact of Social Capital and Institutional Building Cheng, Ming Yu Mittelhammer, Ron H1-99 Social Sciences (General) HB Economic theory. Demography Countries engaged actively in globalization have experienced phenomenal changes in economic, social, cultural, political, and technological progress. Some countries have benefited significantly from greater integration, while others have held globalization accountable for their economic failure and instability. Globalization introduces new political and social challenges. Benefiting from globalization requires complementary institutions and social development to deal with the changes and risks introduced by greater openness. This article examines whether globalization benefits economic development and how the developing countries could gain from globalization through their social capital and institutional building. WILEY-BLACKWELL PUBLISHING 2008-11 Article NonPeerReviewed Cheng, Ming Yu and Mittelhammer, Ron (2008) Globalization and Economic Development: Impact of Social Capital and Institutional Building. American Journal of Economics and Sociology, 67 (5). pp. 859-888. ISSN 00029246 http://dx.doi.org/10.1111/j.1536-7150.2008.00600.x doi:10.1111/j.1536-7150.2008.00600.x doi:10.1111/j.1536-7150.2008.00600.x
spellingShingle H1-99 Social Sciences (General)
HB Economic theory. Demography
Cheng, Ming Yu
Mittelhammer, Ron
Globalization and Economic Development: Impact of Social Capital and Institutional Building
title Globalization and Economic Development: Impact of Social Capital and Institutional Building
title_full Globalization and Economic Development: Impact of Social Capital and Institutional Building
title_fullStr Globalization and Economic Development: Impact of Social Capital and Institutional Building
title_full_unstemmed Globalization and Economic Development: Impact of Social Capital and Institutional Building
title_short Globalization and Economic Development: Impact of Social Capital and Institutional Building
title_sort globalization and economic development: impact of social capital and institutional building
topic H1-99 Social Sciences (General)
HB Economic theory. Demography
url http://shdl.mmu.edu.my/2152/
http://shdl.mmu.edu.my/2152/
http://shdl.mmu.edu.my/2152/