Why Globalization Is Good

Meredith, Robyn; Hoppough, Suzanne
April 2007
Forbes Asia;4/23/2007, Vol. 3 Issue 7, p66
The authors comment on the role of globalization in wealth distribution and economic development. They note that high economic growth rates in India and China prove that globalization benefits not only rich countries but the developing countries as well. They argue that foreign direct investment fuels economic growth and reduces income gap in China. They also discusses how India's economy has grown since its decision to welcome foreign companies.


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