Does globalization benefit developed or developing country? - Case studies on Chinese and Australian construction industry

Peng Zhang, Kerry London

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Globalization has penetrated deeply into all areas of the world. The researches on this topic have been never stopped in recent years. The debate on globalization's benefits and concerns for develop and developing countries is still intense in recent years. This paper adopts Chinese and Australian construction industry as case studies to explore the answer for that debate. The International Advanced Index is used for the measurement of a certain country's construction industry's performance and position in the international market. The key findings are: both the developing and developed countries could be benefits from the process of globalization. However, because the advantages such as technology, education, finance and management, the growth rapid of developed country is much higher than developing country. It could lead to extend the gap between them.

Original languageEnglish
Title of host publicationAdvances in Applied Economics, Business and Development - International Symposium, ISAEBD 2011, Proceedings
Pages83-90
Number of pages8
EditionPART 2
DOIs
Publication statusPublished - 2011
Externally publishedYes
Event2011 International Symposium on Applied Economics, Business and Development, ISAEBD 2011 - Dalian, China
Duration: 6 Aug 20117 Aug 2011

Publication series

NameCommunications in Computer and Information Science
NumberPART 2
Volume209 CCIS
ISSN (Print)1865-0929

Conference

Conference2011 International Symposium on Applied Economics, Business and Development, ISAEBD 2011
CountryChina
CityDalian
Period6/08/117/08/11

Keywords

  • Construction Industry
  • Globalization
  • International Advanced Index

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