GLOBALIZATION AND ITS IMPACTS ON INTERNATIONAL DEVELOPMENT: A LONG-TERM HISTORICAL PERSPECTIVE

Abstract

The nexus between globalization and international development is one of the most debatable issues in today’s development literature. Broadly, there are two camps: the diffusionist accounts of neoliberal school of thought or what we might call optimists and the so-called radical school of thought or pessimists. Rather than taking sides with either of these two camps, this study embraces a middle ground approach to the matter of globalization and development. Overall, it argues that globalization causes complex patterns of convergence and divergence across regions and between countries that its impacts cannot be observed at the same degree and effect in all ages and economies of the world. In the light of this argument, this study aims to explore the impact of globalization on the unevenness of international