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Economics(Paper-4) - Shivaji University

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UNIT - 4<br />

International Measures for Economic Development<br />

INDEX<br />

4.0 Objectives<br />

4.1 Introduction<br />

4.2 Subject Matter<br />

4.2.1 Role of Foreign Trade in Economic Development<br />

4.2.2 Foreign Capital and Aid in Economic Development<br />

4.2.3 Private Foreign Investment and Multinationals<br />

4.2.4 Globalization and Economic Development<br />

4.3 Summary<br />

4.4 Questions for Self learning<br />

4.5 Questions for Self-study<br />

4.6 Glossary<br />

4.7 Field Work<br />

4.8 References<br />

4.0 Objectives :<br />

In the preceding unit we have studied the Domestic Measures for economic<br />

development. In this unit we will study international measures for Economic Development<br />

Here, it is necessary to see that the objectives laid down to study this unit are as<br />

follows –<br />

<br />

<br />

<br />

<br />

To study the Role of Foreign Trade in economic development of an Economy.<br />

To discuss the importance of Foreign Capital and Aid in Economic Development<br />

To know the Private Foreign Investment and Multinationals.<br />

To understand Globalization and Economic Develoment.<br />

4.1 Introduction<br />

Some of international Measures which helps for economic development of a<br />

country.At this junction, it is essential to know that when domestic capital is short in<br />

supply, it is only a foreign capital or Aid is a supportive tool to have an economic<br />

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