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Globalisation, International Competitiveness And Growth: Advanced And Emerging Markets, Large And Small Countries

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  • DOMINICK SALVATORE

    (Department of Economics, Fordham University, New York, 10458, USA)

Abstract

The past three decades have witnessed a rapid tendency toward globalisation in the world economy. A great deal of controversy exists, however, as to whether and to what extent globalisation has increased nations' international competitiveness and growth. After discussing the common characteristics of the rapidly growing economies and the meaning and importance of globalisation, this paper examines the relationship among globalisation, international competitiveness and growth during the most recent period of rapid globalisation for all the countries for which data exists as a group, and then separately for advanced and emerging markets, and for large and small countries.

Suggested Citation

  • Dominick Salvatore, 2010. "Globalisation, International Competitiveness And Growth: Advanced And Emerging Markets, Large And Small Countries," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 1(01), pages 21-32.
    • Handle: RePEc:wsi:jicepx:v:01:y:2010:i:01:n:s179399331000007x
    DOI: 10.1142/S179399331000007X
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    References listed on IDEAS

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    1. Commission on Growth and Development, 2008. "The Growth Report : Strategies for Sustained Growth and Inclusive Development," World Bank Publications - Books, The World Bank Group, number 6507.
    2. World Bank, 2009. "World Development Indicators 2009," World Bank Publications - Books, The World Bank Group, number 4367.
    3. Salvatore,Dominick (ed.), 1993. "Protectionism and World Welfare," Cambridge Books, Cambridge University Press, number 9780521424899, January.
    4. Salvatore,Dominick (ed.), 1993. "Protectionism and World Welfare," Cambridge Books, Cambridge University Press, number 9780521414555, January.
    5. Nicholas Stern, 2002. "A Strategy for Development," World Bank Publications - Books, The World Bank Group, number 15213.
    6. Jagdish N. Bhagwati, 2004. "In Defense of Globalization: It Has a Human Face," Rivista di Politica Economica, SIPI Spa, vol. 94(6), pages 9-20, November-.
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    Cited by:

    1. Sebastian ENEA & Silvia PALASCA, 2014. "Assessing Economic Vulnerability In The European Union," EURINT, Centre for European Studies, Alexandru Ioan Cuza University, vol. 1, pages 90-103.
    2. Florian Flachenecker, 2018. "The causal impact of material productivity on macroeconomic competitiveness in the European Union," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 20(1), pages 17-46, January.
    3. Mulatu, Abay, 2016. "On the concept of 'competitiveness' and its usefulness for policy," Structural Change and Economic Dynamics, Elsevier, vol. 36(C), pages 50-62.

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    More about this item

    Keywords

    Globalisation; international competitiveness; growth; globalisers; non-globalisers; F43;
    All these keywords.

    JEL classification:

    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

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