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GLOBALISATIONThe last twenty years have seen a precedentless increase in the global exchange of goods, services, investment, information and cultural assets and values, based on high speed communication links and powerful transportation networks. After the end of the Cold War, the globalisation agenda was boosted by the opening of markets formerly inaccessible for western economies and an emerging neoliberal attitude advocating the unlimited flow of tradeable assets: products and services -- and money. This implies major shifts in the composition and location of production and consumption activities and reduce the ability of national and local governments to act independently. As a result, it has reshaped the way millions of people earn their living and the way societies are organised which in turn has serious consequences for the environment. Globalisation creates a new hierarchy of space: the 'global cities' stand at the top of the pyramid, closely bound together across frontiers by high-speed air and land links and by glass fibre cables, while at the bottom whole regions or even continents - Africa or Central Asia, for example - constitute 'black holes' in the informational universe (Castells 1997), not connected to one another in any significant degree. Alongside the economic globalisation, the international community has witnessed an ecological globalisation, driven by the fact that levels of production and consumption have reached a stage where one's activities in one country can have major impacts on neighbouring countries or even the rest of the world. Even if people have only begun to learn to live in 'one world', it is widely accepted that there are a number of ecological problems that simply cannot be solved by one country acting alone. This has been addressed in an increasing number in intergovernmental negotiations to formulate international environmental treaties. What is missing, as many people argue, is a political globalisation, a process to ensure that the emerging global market or the global ecological policy is managed in the best interest of the maximum number of people, on the basis of 'good governance', particularly equality and justice. Instead, when governments meet to further the rules for economic globalisation, they often do so to the best interests of their own national economies; when they gather for regulations in the context of ecological globalisation, this is always accompanied by a spirit to keep the impacts to their individual national economies on the lowest possible level.
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L A S T U P D A T E D 18-jul-03