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Ⅰ.Domestic Problems and the Vulnerability of Developing Countries in Globalization 1. Introduction ①There is no doubt, as many claim, that globalization provides good opportunities for developing countries in terms of capital inflows and technology transfer. What developing countries most lack now is a more freely move towards their economies to meet what they have most: cheap labor. In economic theory, such movement would change, or at least more positively improve the structure of the economic resource endowments of the countries concerned and therefore raise the level of prosperity.
I. Domestic Problems and the Vulnerability of Developing Countries in Globalization 1. Introduction ① There is no doubt, as many claims, that globalization provides good opportunities for developing countries in terms of capital inflows and technology transfer. What developing countries most lack now is a more freely move towards their economies to meet what they have most: cheap labor. In economic theory, such movement would change, or at least more positively improve the structure of the economic resource endowments of the countries concerned and therefore raise the level of prosperity.