Cover image for Managing globalization in developing countries and transition economies : building capacities for a changing world
Managing globalization in developing countries and transition economies : building capacities for a changing world
Kiggundu, Moses N., 1945-
Personal Author:
Publication Information:
Westport, CT : Praeger, [2002]

Physical Description:
xvi, 345 pages ; 24 cm
Reading Level:
1440 Lexile.
Electronic Access:
Table of contents
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HF1413 .K54 2002 Adult Non-Fiction Non-Fiction Area

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Globalization is everyone's business, asserts Kiggundu in this comprehensive examination of globalization's influences on transition economies. Globalization presents challenges to developed and developing countries alike, and these challenges can and must be managed. Countries making the move from state-run to market-driven economies were faced with formidable obstacles even before globalization's effects were fully felt. Kiggundu argues that we, the incipient global society comprised of governments, corporations, NGOs, and individuals, must take a strategic approach to managing globalization. He explores strategies in the fields of public sector reform, governmental use of technology, foreign direct investment and international trade policy, the evolving World Trade Organization, cultures of entrepreneurship, labor standards, and environmental protection.

Strategies for managing globalization are not merely to achieve and maintain dominance or competitiveness, but also to integrate the concerns voiced by globalization's harshest critics and most disenfranchised victims: ethics, equity, inclusion, physical and psychological human security, sustainability, and development. Kiggundu contends that these values, summarized in a 1999 United Nations Development report, should go hand in hand with the mantras we hear from the management literature: profitability and maximizing shareholder value, among other traditional corporate goals. Providing a broad variety of examples, from Chile's management of financial crisis to the vision statements of Botswana and Malaysia, Kiggundu delineates the many ways in which developing countries are successfully managing the vagaries of globalization.

Author Notes

MOSES N. KIGGUNDU is Professor of Business at the Eric Sprott School of Business at Carleton University in Ottawa, Ontario, where he teaches courses in management and strategy, human resource management, and international business. His research interests include institutional and capacity development, cross-cultural management, and the challenges of organizing and managing for gainful globalization. He is the author of several books, including Managing Organizations in Developing Countries (1989), Size and Cost of the Civil Service: Reform Programmes in Africa (1992), and An Analysis of Global Life Expectancy and Infant Mortality Using Health and Education Indicators (1992).

Reviews 1

Choice Review

According to Kiggundu (Carleton Univ., Canada) the globalization train is picking up speed, and nations must decide how they will approach these international economic alliances. Ignoring global trends will only further marginalize developing nations. Kiggundu argues that the periphery nations, representing roughly 85 percent of the world population, can move toward the industrialized center but not without careful management of the political, economic, and social forces that uniquely define a nation's culture. Support from government, businesses, the financial community, and other indigenous and international organizations will largely determine the role the nation will ultimately play in the "new" world economy. Kiggundu presents a rigorous overview of the critical institutional factors that must be considered as well as the social, economic, and environmental problems that need to be addressed. The management strategy presented involves a series of very specific questions and strategies that can be adapted by governments to foster development of periphery nations. Includes an extensive, semiannotated bibliography. ^BSumming Up: Highly recommended. General readers; students, lower-division undergraduate through graduate; and professionals. D. E. Mattson Anoka-Ramsey Community College

Table of Contents

Prefacep. ix
Acknowledgmentsp. xv
Part I Globalization and the Statep. 1
Chapter 1 What is Globalization?p. 3
Chapter 2 Governance and Globalizationp. 29
Part II Globalization and the Economyp. 67
Chapter 3 Globalization and Economic Managementp. 69
Chapter 4 Globalization and Entrepreneurshipp. 103
Chapter 5 Trade and Investmentp. 141
Chapter 6 The World Trade Organization: Challenges for Developing Countriesp. 169
Chapter 7 Managing Banking and Financial Crisesp. 207
Chapter 8 Globalization and Debtp. 239
Part III Globalization and Societyp. 265
Chapter 9 Globalization and Health Servicesp. 267
Chapter 10 Globalization and Culturep. 283
Notesp. 292
Chapter 11 Globalization, Labor, and Employment Practicesp. 293
Chapter 12 Globalization and the Environmentp. 313
Selected Bibliographyp. 335
Indexp. 339
About the Authorp. 346