Globalisation: An Overview

David Bevan and Augustin Fosu ()

Journal of African Economies, 2003, vol. 12, issue Supplement 1, 1-13

Abstract: Globalisation has become a salient topic of discussion, as the impacts of international forces are increasingly felt in many countries around the world. This article presents an overview of the set of papers on globalisation appearing in the current issue, with special focus on the implications for the developing world, particularly Africa. It begins with some general characteristics of what globalisation means and what its implications for policy are. It then provides overviews for the following topics: (i) meeting the challenges of globalisation generally; (ii) globalisation and the challenges for developing countries; (iii) the role of governance in the risk and reward of embracing globalisation, based on evidence from Asia; and (iv) what globalisation means for Africa. Copyright 2003, Oxford University Press.

Date: 2003
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