Global Economic Integration and Its Implications for Developing Countries

Abstract

Global economic integration has profound implications for developing countries, presenting possibilities for boom even as posing demanding situations to socio-monetary improvement. This paper examines the influences of world economic integration on growing countries, focusing on opportunities for economic increase, profits inequality, vulnerability to external shocks, and coverage dilemmas. Drawing on a comprehensive analysis, it underscores the want for inclusive improvement strategies, investment in human capital, and bolstered governance to maximise the blessings of globalization.