Document Type

Article

Publication Date

8-2004

Source Publication

Journal of World Business

Abstract

This paper examines the effect of economic globalization on human development and argues that the relation between economic globalization and human development is mediated by economic freedom and corruption. Findings suggest that economic globalization affects economic freedom positively and corruption negatively. In turn, economic freedom has a positive effect and corruption has a negative effect on human development. All relations are in the hypothesized directions and significant. Research, business, and public policy implications as well as directions for future research are presented.

Comments

Originally published in Journal of World Business, Volume 39, No. 3 (August 2004), online at: http://dx.doi.org/10.1016/j.jwb.2004.04.007