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This paper examines the concept of Globalisation and its impact on both developed and underdeveloped countries The opponents to globalisation view growing international trade as detrimental to the interests of developing countries However there is no doubt globalisation has the ability to reduce poverty and economic inequality throughout the world The issue remains whether the aid provided to underdeveloped countries gets to those who need it the most The presence of corruption and political instability are detrimental to globalisation and make it unachievable Also developed countries play a role as it seems apparent that they are in fact holding back underdeveloped countries with protectionism as regions like Sub-Saharan Africa exhibit a comparative advantage in a wide range of agricultural products I INTRODUCTION This paper examines the concept of Globalisation and its impact on both developed and underdeveloped countries Globalisation has for a long time has been a highly contested and perhaps the most hotly debated topic among economists Nuruzzaman 2000 The opponents to globalisation view growing international trade as detrimental to the interests of developing countries However over the last 20 years few developing countries have grown rapidly without a simultaneous increase in both exports and imports Bhagwati 1994 This paper will first define the concept of globalisation in an economic sense along with the arguments against it Further on globalisation the theory of comparative advantage will be explored including its impact on free trade The next phase is an assessment of the theoretical linkages between trade and economic growth from the perspective of both developed and underdeveloped countries As a result of this assessment it will be made apparent whether trade is always beneficial to growth Finally an examination of the aid and trade provided to underdeveloped countries will be conducted including the impact both have on economic growth Throughout this examination the Sub-Saharan Africa region will be analysed and in particular the country Uganda The question to be answered is does
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