THE IMPACT OF GLOBALIZATION ON THE ECONOMIC DEVELOPMENT OF DEVELOPING COUNTRIES
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Abstract
This article explores the impact of globalization on the economic development of developing countries. It examines both the positive and negative consequences of globalization, including its effects on economic growth, foreign trade, investment, and social inequality. Using examples from Africa, Asia, and Latin America, the study analyzes specific cases and statistical data to illustrate globalization's influence on various aspects of economic development. Additionally, the article discusses policies aimed at minimizing the risks of globalization while maximizing its benefits for developing countries.
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References
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