Globalization At The Crossroads: New Emerging Trade Patterns And The Millennium Development Goals
Globalization, widely cited as the dominant international economic trend of the post-World War II era, stimulates the opening of the world economy. The relationship between trade and growth has been intensively debated in the economic literature, within the fields of economics, sociology, political sciences, and others. However, there is no clear argument linked to empirical and statistical findings leading us to conclude that increased globalization of the world economy has fulfilled worldwide expectations in terms of development. This paper attempts to address the issue of accelerating globalization and its development impact from an economic and social perspective. The global strategy of market-led trade patterns has given rise to new trends at the multilateral, regional and bilateral levels. New emerging countries are redefining trade and power relations, within our economic development paradigm. But, despite the growth in international trade relative to GDP in the majority of countries, 2 billion people still leave in poverty in countries that are left behind. The following analysis of globalization and its resulting trade patterns over the last decades illustrates the issues at stake, particularly with regard to the UN's millennium development goals. We stress that globalization has broad ramifications for the future path of the global economy and its governance. We point out that despite the complexity of the issues, the interface between globalization, trade, and social development cannot be put aside any longer.Presented at the 15th International Conference, Istanbul, Turkey, May 2005.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
|Date of creation:||18 May 2005|
|Contact details of provider:|| |
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:bep:itfapp:1039. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Christopher F. Baum)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.