dc.contributor.author | Hiç-Birol, Fatma Özlen | |
dc.date.accessioned | 2021-03-05T19:04:18Z | |
dc.date.available | 2021-03-05T19:04:18Z | |
dc.identifier.citation | Hiç-Birol F. Ö. , "Globalization in Historical Perspective", International Journal of Business and Social Science, Center for Promoting Ideas (CPI) Publishing, IJBSS, cilt.3, no.8, ss.92-98, 2012 | |
dc.identifier.other | av_cd7be047-789a-4182-8df2-0d709525dfba | |
dc.identifier.other | vv_1032021 | |
dc.identifier.uri | http://hdl.handle.net/20.500.12627/135970 | |
dc.identifier.uri | https://avesis.istanbul.edu.tr/api/publication/cd7be047-789a-4182-8df2-0d709525dfba/file | |
dc.description.abstract | After World War 2 (WW2) and till mid „70s most less developed countries (LDCs) and newly industrializing countries (NICs) implemented a closed economy, import-substitute industrialization model with excessive interventionism and protectionism. The results were slow growth due to balance of payments crises and worsening income distribution due to inflation. Therefore since mid „70s most moved to market economy, outward orientation and export encouragement. This necessitated encouraging private investments and direct private investments (DPIs), flexible exchange regime, freer foreign trade, and implementation of privatization. Since „90s, this time large flow of financial funds from developed countries (DCs) to LDCs and NICs, in addition to free foreign trade and flow of DPIs ushered in the process of globalization. 1997-8 global financial crisis slowed the flow of funds and DPIs, but globalization continued in essence while China and India entered free market economy with remarkable success. What is important, market economy and globalization reduces excesses of interventions and protectionism. But there is still room and need for “good governance” on the part of the governments of LDCs and NICs to avoid pitfalls and reap greater benefits. | |
dc.language.iso | eng | |
dc.subject | İktisat Teorisi | |
dc.subject | İktisat | |
dc.subject | İktisat Politikası | |
dc.subject | Sosyal ve Beşeri Bilimler | |
dc.subject | İktisadi Tarih ve İktisadi Düşünceler Tarihi | |
dc.subject | Economics and Econometrics | |
dc.subject | Economics, Econometrics and Finance (miscellaneous) | |
dc.subject | General Economics, Econometrics and Finance | |
dc.subject | Social Sciences & Humanities | |
dc.subject | EKONOMİ | |
dc.subject | Ekonomi ve İş | |
dc.subject | Sosyal Bilimler (SOC) | |
dc.title | Globalization in Historical Perspective | |
dc.type | Makale | |
dc.relation.journal | International Journal of Business and Social Science, Center for Promoting Ideas (CPI) Publishing, IJBSS | |
dc.contributor.department | İstanbul Üniversitesi , İktisat Fakültesi , İngilizce İktisat Bölümü | |
dc.identifier.volume | 3 | |
dc.identifier.startpage | 92 | |
dc.identifier.endpage | 98 | |
dc.contributor.firstauthorID | 2513279 | |