Globalization, Preference Change and Consumer Welfare in Developing Countries

Jeffrey James
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Jeffrey James: Tilburg University

Chapter 2 in Consumption, Globalization and Development, 2000, pp 11-27 from Palgrave Macmillan

Abstract: Abstract Among numerous other things, globalization means a greater exposure of developing countries to products and product innovations occurring in the developed countries. And partly as a result of this increased exposure and partly for other reasons that are described below, globalization often also entails a change in preferences among consumers in developing countries in favour of such products.

Keywords: Product Innovation; Welfare Effect; Preference Change; Indifference Curve; Consumer Welfare (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-51095-1_2

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DOI: 10.1057/9780230510951_2

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