The Effect of Globalization on the Economy of Developing Countries

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Feghe Majidi Ali; Samadipour Shahla; SALAMI FARIBA

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Journal Paper

Paper Information

Journal: JOURNAL OF THE MARCO AND STRATEGIC POLICIES Year:2019 | Volume:7 | Issue:1 (25) Page(s): 30-45

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Title

The Effect of Globalization on the Economy of Developing Countries

Author(s)

Feghe Majidi Ali | Samadipour Shahla | SALAMI FARIBA

Keywords

Globalization

Economic growth

Combined data

Abstract

Globalization is an undeniable issue with economic, political, and social aspects. In other words, Globalization is the growth of the economic, political, social, and cultural relationships beyond national boundaries. It has drawn the attention of many economists and politicians in the last few decades. This study aims to investigate the effects of Globalization on the Economic growth in 74 developing countries, grouped in upper middle income and lower middle income using Combined data. The indicator used for Globalization in this re-search is capital account restrictions, and the research models have been studied from 1970 to 2016. Based on this study results, the impact of whole Globalization, economic Globalization, social Globalization, and political Globalization indicators in developing countries in two groups with higher and lower than average incomes are positive and significant. Hence, this study confirms the positive effects of Globalization in all aspects of Economic growth in developing countries in two groups.

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APA: Copy

Feghe Majidi, Ali, Samadipour, Shahla, & SALAMI, FARIBA. (2019). The Effect of Globalization on the Economy of Developing Countries. JOURNAL OF THE MARCO AND STRATEGIC POLICIES, 7(1 (25) ), 30-45. SID. https://sid.ir/paper/690420/en

Vancouver: Copy

Feghe Majidi Ali, Samadipour Shahla, SALAMI FARIBA. The Effect of Globalization on the Economy of Developing Countries. JOURNAL OF THE MARCO AND STRATEGIC POLICIES[Internet]. 2019;7(1 (25) ):30-45. Available from: https://sid.ir/paper/690420/en

IEEE: Copy

Ali Feghe Majidi, Shahla Samadipour, and FARIBA SALAMI, “The Effect of Globalization on the Economy of Developing Countries,” JOURNAL OF THE MARCO AND STRATEGIC POLICIES, vol. 7, no. 1 (25) , pp. 30–45, 2019, [Online]. Available: https://sid.ir/paper/690420/en

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