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Globalization and Development: Economic and Socio-Cultural Perspectives from Emerging Markets PDF

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Contributions to Economics Nezameddin Faghih E ditor Globalization and Development Economic and Socio-Cultural Perspectives from Emerging Markets Contributions to Economics Moreinformationaboutthisseriesathttp://www.springer.com/series/1262 Nezameddin Faghih Editor Globalization and Development Economic and Socio-Cultural Perspectives from Emerging Markets Editor NezameddinFaghih Cambridge,MA,USA ISSN1431-1933 ISSN2197-7178 (electronic) ContributionstoEconomics ISBN978-3-030-14369-5 ISBN978-3-030-14370-1 (eBook) https://doi.org/10.1007/978-3-030-14370-1 ©SpringerNatureSwitzerlandAG2019 Thisworkissubjecttocopyright.AllrightsarereservedbythePublisher,whetherthewholeorpartofthe materialisconcerned,specificallytherightsoftranslation,reprinting,reuseofillustrations,recitation, broadcasting,reproductiononmicrofilmsorinanyotherphysicalway,andtransmissionorinformation storageandretrieval,electronicadaptation,computersoftware,orbysimilarordissimilarmethodology nowknownorhereafterdeveloped. Theuseofgeneraldescriptivenames,registerednames,trademarks,servicemarks,etc.inthispublication doesnotimply,evenintheabsenceofaspecificstatement,thatsuchnamesareexemptfromtherelevant protectivelawsandregulationsandthereforefreeforgeneraluse. The publisher, the authors and the editors are safe to assume that the advice and information in this bookarebelievedtobetrueandaccurateatthedateofpublication.Neitherthepublishernortheauthorsor theeditorsgiveawarranty,expressorimplied,withrespecttothematerialcontainedhereinorforany errorsoromissionsthatmayhavebeenmade.Thepublisherremainsneutralwithregardtojurisdictional claimsinpublishedmapsandinstitutionalaffiliations. ThisSpringerimprintispublishedbytheregisteredcompanySpringerNatureSwitzerlandAG. Theregisteredcompanyaddressis:Gewerbestrasse11,6330Cham,Switzerland Thisbookisdedicatedtomychildren,RoseTajandAli,whoshallexperiencemorefacetsand futurefeaturesofglobalizationthatweforeseenow. Acknowledgements TheeditorwouldliketoexpresshissinceregratitudetoDr.HubertusvonRiedesel (Executive Vice President, Springer) for his outstanding management. He is also very grateful to Dr. Prashanth Mahagaonkar and his assistant Mrs. Ruth Milewski for wonderfully organizing the publication process of this book. Nonetheless, the editor is very thankful to all chapter authors as without their efforts, support and generous contributions completing this contributed volume would not have been possible.Hewouldalsoliketoexpresshisdeepgratitudetothosewhohavedevoted theirtime, effort, supportandgenerosityinthechapterreviewprocess:Dr. Kausar Abbas, Dr. Adeyeye Adebowale, Dr. John Agbonifo, Dr. Zobayer Ahmed, Prof. ThomasAndersson,Dr.M.Baluku,Dr.A.O.Banwo,Dr.FiorenzaBelussi,Dr.Eric Bindah, Alireza Borojerdi, Fatem Boutaleb, Dr. S. van de Bunt, Prof. Massimo Campanini, Dr. Alicia Coduras, Dr. Mandakini Das, Dr. Ondřej Dvouletý, Dr. Abiodun Egbetokun, Dr. Amir Forouharfar, Dr. R. Gaspar, Prof. Laura guazzone,Prof.A.Haleem,Dr.WaseemUlHameed,Prof.H.Hattab,Dr.Victoria Hill,Dr.O.A.Ibrahim,Prof.M.R.Islam,Dr.K.Joshi,Prof.E.Karadeniz,M.Imran Khan,Dr.K.Kirti,BismaMannan,Prof.SafwanMasri,Dr.UmeshMenon,Dr.Tina Miedtank, Dr. A. H. Mohamed, Dr. M. Mohiuddin, Sina Mortazavi, Dr. Hamed Motaghi,Dr.N.Munshi,Dr.N.J.Musambayi,Prof.M.S.Nagano,Prof.ArabNaz, Dr. Rohana Ngah, Dr. Nazak Nobari, Dr. O. Olaopa, Dr. A. Olawale, Dr. B. Omitola, Dr. R. Oyaromade, Dr. Kameliia Petrova, Dr. A. H. Pratono, Dr. Kunibert Raffer, Dr. Dariush Rafinejad, Dr. M. Rao, Prof. R. Ricciuti, Dr. C. Riillo, Dr. Alihossein Samadi, Leyla Sarfaraz, Dr. O. Schiappa-Pietra, Dr. H. Shamsaan, Prof. Slavica Singer, Prof. R. Sternberg, Prof. N. Sultan, Dr. Jackson Tan, Dr. P. Tiwari, Prof. T. T.H. Tambunan, Dr. M. Usman, Dr. I. J. M.deVera,Prof.ColinCWilliams,Dr.K.P.Wasdani,Dr.T.C.Wen,Dr.Farzaneh YarahmadiandFarshadAlamdarYouli. vii Disclaimers Facts,information,opinions,views,findings,conclusions,comments,positionsand strategiesexpressedbythecontributorsandchapterauthorsaretheirsalone,anddo notnecessarilyreflecttheviews,opinions,positionsorstrategiesoftheeditorofthis contributed volume, and do not constitute endorsement or approval by the editor. Authorsandcontributorsareresponsiblefortheircitingofsourcesandtheaccuracy of their references and bibliographies. The editor of this book cannot be held responsible for any errors or for any consequences arising from the use of the information contained in the chapters or any lack or possible violations of third parties’rights.Althougheveryeffortismadebytheeditortoseethatnoinaccurate ormisleadingdata,opinionorstatementsappearinthiscontributedvolume,thedata, their use and interpretations and opinions appearing in the chapters are the sole responsibility of the authors and contributors concerned. The editor accepts no liability whatsoever for the consequences of any such inaccurate or misleading data,information,opinionorstatements. ix Contents Introduction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 NezameddinFaghih PartI AnOverview GlobalizationDevelopmentWithintheGroupofTwenty(G20)as IndicatedbyGlobalizationandInnovationIndices. . . . . . . . . . . . . . . . . 15 NezameddinFaghihandMahshidSazegar GlobalizationandtheInformalEconomyinDevelopingCountries. . . . . 49 KameliiaPetrova DevelopingEconomiesandNewlyGlobalizedTrade:NewRulesto FleecetheSouth. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 75 KunibertRaffer ZeitgeistAnalysisofGlobalizationSpirit:APhilosophicalApproach. . . 93 AmirForouharfar InstitutionalQualityandGlobalizationinDevelopingCountries. . . . . . 135 AliHusseinSamadi ATaxonomyofCountryPerformanceBasedonGDPandInnovation IndicatorsfortheGroupofTwenty(G20). . . . . . . . . . . . . . . . . . . . . . . 163 NezameddinFaghihandMahshidSazegar TheDisruptionandGlobalImplicationsofMassiveOpenOnlineCourses (MOOCs)forHigherEducation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 201 NabilSultan xi xii Contents PartII Africa ChineseForeignDirectInvestment(FDI)andBarrierstoTechnology TransferinSub-SaharanAfrica:InnovationCapacityandKnowledge AbsorptioninSenegal. . . . . . .. . . . . . . .. . . . . . .. . . . . . . .. . . . . . . .. 219 VanessaCasadellaandZetingLiu MoreTrade,MoreWealth?ImpactofTradeontheEconomic DevelopmentofAfricanDevelopingCountries. . . . . . . . . . . . . . . . . . . . 241 OndřejDvouletý FosteringEgalitarianismThroughGlobalisationofAfrica’sIndigenous KnowledgeandTechnology(IK&T)forEnhancedIndustrial DevelopmentandGlobalCompetitiveness. . . . . . . . . . . . . . . . . . . . . . . 257 OlawaleR.Olaopa EconomicGlobalizationandNigeria’sDevelopment:Lettingthe FactsSpeak. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 281 NaomiOnyejeDoki PartIII MiddleEastandNorthAfrica(MENA) TheIslamicState’sTheoreticalChallengeinaGlobalizedWorld. . . . . . 311 MassimoCampanini GlobalizationandEvolutionofPublicAdministrativeSysteminthe MiddleEastandNorthAfrica(MENA). . . . . . . . . . . . . . . . . . . . . . . . . 323 NazakNobari TheEvolutionofHigherEducationinOmanUndertheGravity ofGlobalizationandInnovation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 351 FarzanehYarahmadi PartIV AsiaandLatinAmerica CulturalGlobalization:ACriticalAnalysisofIdentityCrisesinthe DevelopingEconomies. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 369 M.RezaulIslam,HarisAbd.Wahab,CristianoFrancoBurmester, andShofiqurRahmanChowdhury SocialGlobalizationandConsumerLifeSatisfaction:AnEmpirical StudyinMalaysia. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 387 EricV.Bindah AspectsofGlobalization:SpotlightonLatinAmerica. . . . . . . . . . . . . . . 411 ShamimSiddiqui,NishatTasnim,MunshiNaserIbneAfzal, andSusmitaDutta ASmall-andMedium-SizedEnterprise(SME)Owner-Manager’s JobTheoreticReviewUnderGlobalization. . . . .. . . . . .. . . . .. . . . . .. 421 LuizPhilippsenJr,MarceloSeidoNagano,andEdmundoEscrivãoFilho

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