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Globalisation Has Double Sides on Developing Countries: The Benefits and the Harm

Received: 22 December 2018    Accepted: 15 January 2019    Published: 31 January 2019
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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.

Published in Journal of Business and Economic Development (Volume 4, Issue 1)
DOI 10.11648/j.jbed.20190401.12
Page(s) 11-14
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Globalisation, Developing Country, Benefit, Harm

References
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Cite This Article
  • APA Style

    Jiaqi Yan. (2019). Globalisation Has Double Sides on Developing Countries: The Benefits and the Harm. Journal of Business and Economic Development, 4(1), 11-14. https://doi.org/10.11648/j.jbed.20190401.12

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    ACS Style

    Jiaqi Yan. Globalisation Has Double Sides on Developing Countries: The Benefits and the Harm. J. Bus. Econ. Dev. 2019, 4(1), 11-14. doi: 10.11648/j.jbed.20190401.12

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    AMA Style

    Jiaqi Yan. Globalisation Has Double Sides on Developing Countries: The Benefits and the Harm. J Bus Econ Dev. 2019;4(1):11-14. doi: 10.11648/j.jbed.20190401.12

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  • @article{10.11648/j.jbed.20190401.12,
      author = {Jiaqi Yan},
      title = {Globalisation Has Double Sides on Developing Countries: The Benefits and the Harm},
      journal = {Journal of Business and Economic Development},
      volume = {4},
      number = {1},
      pages = {11-14},
      doi = {10.11648/j.jbed.20190401.12},
      url = {https://doi.org/10.11648/j.jbed.20190401.12},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jbed.20190401.12},
      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.},
     year = {2019}
    }
    

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    T1  - Globalisation Has Double Sides on Developing Countries: The Benefits and the Harm
    AU  - Jiaqi Yan
    Y1  - 2019/01/31
    PY  - 2019
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    T2  - Journal of Business and Economic Development
    JF  - Journal of Business and Economic Development
    JO  - Journal of Business and Economic Development
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    SN  - 2637-3874
    UR  - https://doi.org/10.11648/j.jbed.20190401.12
    AB  - 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.
    VL  - 4
    IS  - 1
    ER  - 

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Author Information
  • College of Business & Economics, Australia National University, Canberra, Australia

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