This paper looks at some aspect of globalisation. After a discussion on its definition, the first part highlights historical evolution of globalisation in its major components (trade flows, foreign direct investments, portfolio movements and migration). The evidence shows that (1) globalisation...

The failure of the WTO Ministerial Conference last December in Seattle was due to the unsettled network of conflicting interests of the member countries. What happened in the street of Seattle has not determined the outcome of the meeting. However, it would be a mistake to downplay the political...