Volume 4, Issue 1, March 2019, Page: 11-14
Globalisation Has Double Sides on Developing Countries: The Benefits and the Harm
Jiaqi Yan, College of Business & Economics, Australia National University, Canberra, Australia
Received: Dec. 22, 2018;       Accepted: Jan. 15, 2019;       Published: Jan. 31, 2019
DOI: 10.11648/j.jbed.20190401.12      View  173      Downloads  79
Abstract
Aim: To review and discuss the positive and negative effects of globalisation on different countries especially on developing countries. Methods: Professional articles including original researches, theoretical studies, reviews or reports which were published on journals or websites or released publicly by governments or international orgnisations were reviewed critically and discussed. Results: Globalisation is growing around the world and benefit to all the people. But the negative influences of globalisation on developing countries are also considered at present. Globalisation transfers human capital from developing countries to developed countries, and contributes to environmental degradation in developing countries. Conclusions: Despite the benefits of globalisation offers developing countries, severe brain drains and environmental devastation caused by globalisation have become major concerns and cannot be ignored for these countries.
Keywords
Globalisation, Developing Country, Benefit, Harm
To cite this article
Jiaqi Yan, Globalisation Has Double Sides on Developing Countries: The Benefits and the Harm, Journal of Business and Economic Development. Vol. 4, No. 1, 2019, pp. 11-14. doi: 10.11648/j.jbed.20190401.12
Copyright
Copyright © 2019 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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