Small Developing Countries and Global Markets

Competing in the Big League

• Author(s): W. Kennes,
• Publisher: Springer
• Pages: 201
• ISBN_10: 0333977769
  ISBN_13: 9780333977767
  
• Language: en
• Categories: Business & Economics / Development / General , Business & Economics / International / Economics & Trade , Business & Economics / Development / Economic Development , Business & Economics / Economics / General , Business & Economics / International / General ,

Description:... More than half of the world's sovereign states are small economies. The majority are in Sub-Saharan Africa and the Caribbean Basin. For small economies, the globalization process involves opportunities, but also important risks because of their vulnerability and lack of diversification. This book discusses the advantages and pitfalls of different strategies for small developing economies to become more integrated into the world economy. It should help with the formulation of a coherent and effective policy response.