Bi-annual National Conference - Transformation

Title: Bi-annual National Conference - Transformation
Creator: FAWU
Subject: FAWU
Date Issued: July 1997
Date: July 1997
Type: text
Identifier: http://hdl.handle.net/10962/119020
Identifier: vital:34694
Description: What is globilisation The definite answer may not be forthcoming but the process of globilisation may be defined and contextualised Generally 1 will loosely refer to this process [globilisation] as an expression of imperialism of the powerful rich north countries and their multinational companies [MNC or TNC] that undermine the economic borders and powers of the poor developing and underdeveloped south countries in terms of trade relations and economic interactions, i.e., I speak here of a kind of recolonialisation. It is recolonialisation in that the smaller, poor countries of the South are stripped of powers to virtually nothing regarding the scope to shape their economic policies in terms of the WTO trade system of the world This state of affairs also allows free movement of capital and goods from rich countries to poor countries at the benefit of the former and the detriment of the latter. This globilisation, as signed by the WTO, gained momentum and was given impetus by the collapse of the Eastern Socialist Block and Soviet union in particular This is because trade arrangements and economic relations within the socialist block and between socialist countries and developing countries collapsed.
Format: 46 pages
Format: pdf
Publisher: Food and Allied Workers Union (FAWU)
Language: English
Rights: Food and Allied Workers Union (FAWU)
Rights: No part of this publication may be reproduced or transmitted in any form or by any means without prior permission from the publisher

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