May 2005

Finding opportunity in globalisation

Posted by Grant Brewer on 01 May 2005 | Comments (0)

Globalisation is here to stay. South Africa picked a challenging decade to start transforming itself after 1990 because it was a decade of increasing globalisation; and the effects of a more open world couldn't be avoided. This doesn't mean that the global playing field is level – it is frequently anything but level; just ask the Department of Trade & Industry! Traditional international leaders such as the US and Western Europe remain dominant and are able to ensure the trade rules often favour themselves. The challenges and failures of the world trade organisation talks is evidence that globalisation isn't fair and that the global community isn't yet mature enough to compromise effectively and provide a better life for all people in the world. The challenges are evident, but globalisation isn't going away anytime soon so there is nothing to gain by complaining about it.

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