Globalization Effects on Improving Developing Countries' Economies (with Special reference to Jordan)

Abstract

This study aims to discern the effects of globalization on the economies of developing countries with focusing on Jordan. The study was based on reviewing the related literature in order to conclusion the globalization effects that have received the largest consensus, in previous studies. Where the results showed that globalization led to increase the direct foreign investments in the developing countries, which leads to the creation of new jobs, which means improving the working conditions and the work wages. Also the study indicated that globalization has positive effects on Jordanian economy. Accordingly the researcher Presented a number of recommendations, the most important expansion in the creation of qualified industrial zones.

Keywords: Globalization, Foreign Investments, Economic Policies