Globalization: Challenges and Opportunities
The word globalization, as commonly used, is largely a descriptive and not an analytical category. This paper attempts to give the term analytic content. It then focuses on both the positive and normative analysis of globalization. Trade, environment, finance and gender issues receive special attention. A global governance structure based on transparent principles of both economic efficiency and social justice is shown to be a desirable state of affairs; however, the present fractured process of globalization is more likely to end up in regionalism or even national protectionism and rivalry. Multilateral cooperation on the basis of the framework advanced here is an urgent necessity.
|Date of creation:||Jan 2004|
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- Thomas Straubhaar & Achim Wolter, 1997. "Globalisation, internal labour markets and the migration of the highly skilled," Intereconomics: Review of European Economic Policy, Springer, vol. 32(4), pages 174-180, July.
- Paul Cook & Colin Kirkpatrick, 1997. "Globalization, Regionalization and Third World Development," Regional Studies, Taylor & Francis Journals, vol. 31(1), pages 55-66.
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