Summary: This article examines an annual meeting of business leaders at the World Economic Forum in Switzerland and their having to come to terms with a slowing worldwide economy.
Analysis: One of the major reasons that globalization has been supported by many who have philosophical problems with the concept is that is has promised greater wealth at most if not all levels of society. However, the world’s economic state over the last two years suggest that the promises of economic growth and stability that many supporters of globalization have made are illusory.
“Brazil May Not …
… which it is possible for both sides to gain something that they want) in the area of scarce natural resources there will almost necessarily be conflicts among nations, conflicts that could well undercut globalization efforts.
“Globalization”. Tina Rosenberg. Section 6 , Page 28 , Column 1, Aug. 18, 2002.
Summary: This is a sort of primer by Rosenberg on how to make the process of globalization more equitable so that Third World nations benefit from it as much as First World nations.
Analysis: This article rightly makes the point that a globalized economy is not necessarily an equitable one and …