Press review on Globalisation november, 6th 2006

Résumé du document

On July 29th 2006, the Economist focused on the future of globalization. The image of a ship-wreck was supposed to epitomize the impossibility of finding an agreement on agricultural subsidies at the Doha round. For the first time ever, a WTO meeting concluded without having reached a common position consequently disappointing those who equated economic growth and world stability with the increase of exchanges. Created in 1944 at the Breton Woods, meeting along with the IMF and the IBRD known today as the World Bank , the GATT , ancestor of the World Trade Organization was set up to prepare to face the aftermath of the war.

Extraits

[...] Press review on Globalisation November, 6th 2006 On July 29th 2006, the Economist focused on the Future of Globalisation. The image of a ship-wreck was supposed to epitomise the impossibility of finding an agreement on agricultural subsidies at the Doha round. For the first time ever, a WTO meeting would end up without having reached a common position, a bad news for those who equate economic growth and world stability with the increase of exchanges. Created in 1944 at the Breton Woods meeting along with the IMF and the IBRD known today as the World Bank[1], the GATT[2], ancestor of the World Trade Organisation was set up to prepare the aftermath of the war. [...]

[...] This week, the Economist's special edition states that France needs a new M. Thatcher, so as to adapt its economy to the new conditions of global competition. However one must not forget that T. Blair's speech and the Economist's points of view are only representative of a certain liberal ideology that is not mainstream everywhere, and that some people go on believing that another world is possible. To conclude with, it appears that globalisation is way too broad a phenomenon for us to blame on it. [...]

[...] It is obvious that the first who are going to suffer from climate change are going to be the poorest, and the UN in a 2005 report has defined for the first time what a ''climate refugee'' is. Not only developing countries have problems in dealing with a global world, but it is also the case of the developed ones, who have to fight against an unprecedented competition. In a speech given recently, Tony Blair stated that 'Europe is falling behind'. He believes that Europe should accept this competition as a matter of fact, so as to be able to devise suited policies. [...]

[...] However, globalisation has allowed for a certain degree of opening of the most exclusive countries and the hopes of the Iranian community back in Los Angeles, the most important Iranian community in the world, lie in the degree of opening brought about by globalisation through television and the widespread of values of freedom. Therefore, globalisation is a multi-faced phenomenon allowing for various assessment. In today's world, one the main challenge of a global world is to learn how to control global pollution. By definition, pollution does not stop at the borders, but up to now it has often been neglected as a global phenomenon. [...]

[...] The opening of societies certainly helps preventing war, promote Democracy and wealth but should be performed with the idea that it is a necessity to reduce the differences between the richest and the poorest. To a certain extent, the very idea of a global world should be put under a question mark as only a tiny part of the world as we know it today really experiments globalisation as a reality and many regions are still isolated from the rest of the world. [...]