Friday, March 12, 2010

Some thoughts on the future of world #trade and #globalization

Unless world trade and globalization can start "working" for the micro and small firms and for the average citizens around the world (in WTO member countries at least), then IMO, the current versions of world trade as well as "globalization" have a very uncertain future. In other words, mico and small firms and "real people" need to start feeling that these two are "games" that they can participate as full rather than secondary "members".

Two possible scenarios, should these two fail, are:

A) "Fortress Economies" (at local or regional levels) ie generally "Localisation" and "Regionalisation:

B) A very different version of world trade and "Globalization" than the ones in effect.

Posted via web from npthinking

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