Globalization Boosts Riches examines the intricate link between global economic integration and national wealth, emphasizing export-led growth. It investigates how increased participation in international markets, specifically through export activities, translates into national wealth accumulation. The book uniquely focuses on the distribution of wealth generated by globalization, addressing whether benefits are broadly shared or concentrated. This data-driven analysis challenges simplistic narratives, advocating for a nuanced understanding of globalization's complex effects and the importance of policy interventions.
The book begins by defining globalization and its key indicators before introducing export-led growth theories. Subsequent chapters delve into case studies of successful export-oriented economies, scrutinizing export data and GDP growth figures. It argues that strategic engagement with international markets is a significant driver of national wealth creation, but equitable distribution requires proactive policies. By employing regression analysis and comparative case studies, Globalization Boosts Riches offers policy recommendations for nations seeking to leverage globalization for inclusive wealth creation.
