Surplus Allocation and Development under Global Capitalism

Cem Somel ()
Additional contact information
Cem Somel: Department of Economics, METU

No 505, ERC Working Papers from ERC - Economic Research Center, Middle East Technical University

Abstract: This essay is an endeavour to understand and assess the developmental consequences of global economic integration by focussing on the generation, transfer and utilization of the global surplus. It tries to address the following questions: (1) How does globalization affect surplus generation? (2) Where does the global surplus accumulate? (3) How is the global surplus absorbed? (4) What prospects does this pattern of absorption hold for the capital accumulation needs of poor countries?

Keywords: Surplus allocation; development; global capitalism (search for similar items in EconPapers)
JEL-codes: F02 O1 P16 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2005-10, Revised 2005-10
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://erc.metu.edu.tr/en/system/files/menu/series05/0505.pdf First version, 2005 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:met:wpaper:0505

Access Statistics for this paper

More papers in ERC Working Papers from ERC - Economic Research Center, Middle East Technical University Contact information at EDIRC.
Bibliographic data for series maintained by Erol Taymaz ().