Economics, Econometrics and Finance
5 years ago

Globalization boosts economic development in developing countries through technological progress.

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Tanmiyaẗ al-rāfidayn
Technological Progress Under Globalization and Its Influence on Economic Development in Developing Countries
Abdulkhaghoor H. Kanaan

Paper Summary

Technological progress has played a crucial role in the economic development of developing countries, particularly in southern and eastern Asia. By engaging with global markets and multinational companies, these countries have seen significant growth in their economies. Despite initial challenges, this integration has led to advancements in economic development in the region.

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