文章基本信息

标题：Globalization, technology transformation and economic growth (A case study of Pakistan)
本地全文：下载
作者：Bushra Mushtaq ; Syeda Azra Batool ; Muhammad Afzal 等
期刊名称：African Journal of Marketing Management
电子版ISSN：2141-2421
出版年度：2014
卷号：6
期号：5
页码：56-67
DOI：10.5897/AJMM2014.0406
语种：English
出版社：Academic Journals
摘要：How Economic Growth can be stimulated? This question has called the attention of every policy maker and economist to find the answer. What factors can affect the economic growth? The answer of this question is unclear so far. After the endogenous growth theory as given by Romer (1986, 1990), Lucas (1988) and Grossman and Helpman (1991) Knowledge is being considered as an important and endogenous determinant of Economic growth. The latest knowledge (Technology) is essential for developing countries to catch-up with developed economies. Economic liberalization refers to both trade liberalization and financial liberalization. Trade liberalization means reduction in trade restrictions like tariff, quota or other trade barriers which discourage the international trade. On the other hand, more capital inflow and outflow as a result of Foreign direct investment (FDI), portfolio investment or worker remittances show that the country is financially integrating with rest of the world. How the economic liberalization affect the Economy of any particular country. Whether this economic liberalization is good or bad for developing country has become a huge policy debate.
关键词：Technology transmission;Liberalization;R&D Spillovers;Foreign direct investment (FDI)