Helping Develop the World : Globalization and Development in Egypt
MetadataShow full item record
In terms stated by the World Bank, globalization is the increased economic activity between persons and firms in different countries. According to the Washington Consensus it is more of a combination of privatization, liberalization, and deregulation of the economy. Many of the countries that have begun to globalize are following a plan set up by the World Bank and International Monetary Fund. Countries following this process are generally those that fulfill all the qualifications to be classified as developing countries. Most of these countries are attempting to stabilize their economies and open up their capital and current accounts to foreign markets. They are usually trying to raise the standard of living within their own country, as well as reducing the level of poverty. The success of globalization is determined on an individual country basis and the effects of globalization reforms are different depending on the situation of the country. The paper starts with a description of the author’s summer internship at the United States Chamber of Commerce, working on a project to partner U.S. companies with companies in Egypt in an effort to inspire international business. The program was intended to benefit both countries by promoting exports to the U.S. from Egypt, while at the same time promoting U.S. exports to Egypt. One of the key factors of this program is that it is a web-based program, where a computer program generates the company matches. Matches were determined by details provided by the companies themselves. Companies will only be matched with other companies in the same sector who have matching business goals. The program is part of a global initiative of business development between the U.S. and the emerging market countries. The remainder of the paper provides a country study of Egypt and its globalization process. In conclusion, it was determined that the Egyptian economy has not yet successfully completed its globalization process.
Showing items related by title, author, creator and subject.
Ireland's International Financial Services Center and the Development of the International Services Development Zone in Tacoma, Washington Evans, Matthew (Kalamazoo, Mich. : Kalamazoo College., 1997)This report attempts to take a look at the program set forth by the government of Ireland to attract international companies by establishing the International Financial Services Center (IFSC). The IFSC will be looked at ...
Japanese Involvement in Third World Development: A study of a Japanese Development Project in the Dominican Republic Messick, Martin (Kalamazoo, Mich. : Kalamazoo College., 1986)This S.I.P. relates to the the significance which Japan has in the world today. In the present world situation, Japan plays a major role as an economic power, is an excellent example of incredibly successful development, ...