¶ … Globalization:
Matter of Perspective
There is little doubt that the globalization debate is highly polarized between those who see it as a "good thing" for the majority of nations, and those who see it as just another means to exploit the poorest countries. The two articles "Globalisim's Discontents," written by Joseph Stiglitz, and "Globalization: Threat or Opportunity," authored by writers working for the IMF, or International Monetary Fund, are excellent examples of this polarity.
Joseph Stiglitz notes that the trend of globalization has "brought huge benefits to a few with few benefits to the many. But in the case of a few countries, it has brought enormous benefit to the many." He then explains the main difference between those countries that are globalizing "successfully," and those that are not is their ability to:
substantially control the terms on which they engaged with the global economy. By contrast, the countries that have, by and large, had globalization managed for them by the International Monetary Fund and other international economic institutions have not done so well. (Stiglitz)
Thus, Stiglitz sees it as a "management problem," specifically laid at the feet of organizations like the IMF who push their own self-serving agendas in direct defiance...
67). Greater integration of global economies and capital flow has also become more and more prevalent. Weiss states, "The post-war trend towards greater trade integration, especially marked since the 1960s has been weakening." (Weiss, 1997, pp. 7). Greater integration was, at one time thought to be a boon for developing nations. This was certainly not the case for Thailand as an example, and this premise needs to be completely rethought
Neoliberalism is both an ideology and philosophy which believes that "human welfare is best promoted by economic growth, which in turn is best enabled by reducing the interference of governments in the private sector. Neo-liberals also support measures that enable trade and finance to have unrestricted movement across national borders. These policies attempt to 'roll back' the state and the role of government, and leave decisions about allocation, production and
NAFTA Historical Beginning of NAFTA (with specific bibliography) NAFTA Objectives What is NAFTA The Promise of NAFTA NAFTA Provisions Structure of NAFTA Years of NAFTA (NAFTA not enough, other plus and minuses).. Environmental Issues Comparative Statements (Debate) NAFTA - Broken Promises NAFTA - Fact Sheet Based Assessment NAFTA & Food Regulation NAFTA - The Road Ahead NAFTA in Numbers Goal Fulfillment Major Milestones Consolidated Bibliography This study set out to examine the inner workings of the North American Free Trade Agreement. The aim of this study is
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