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II. GLOBALIZATION AND ITS IMPACT

A fair GLOBALIZATION : Creating opportunities for all II. GLOBALIZATION AND ITSIMPACT Views and perceptions Common groundAfricaArab worldAsiaLatin America and the CaribbeanTransition countries of Europe and Central AsiaWestern Europe and North AmericaBusiness, labour and civil society GLOBALIZATION : Its nature and IMPACT IntroductionKey characteristics of globalizationThe institutional contextThe IMPACT of GLOBALIZATION Part II Page 11 Friday, January 23, 2004 12:53 PM 12 A fair GLOBALIZATION : Creating opportunities for all Views and perceptions Common groundAfricaArab worldAsiaLatin America and the CaribbeanTransition countries of Europe and Central AsiaWestern Europe and North AmericaBusiness, labour and civil society Globalizationfrom a wide rangeof perspectives 62.

66. From almost everywhere came a sense of the power of globalization, whether driven by technology, economics or politics. “We were sleeping on the shore when a big wave came”, said a participant in the dialogue in Egypt. Globalization could be frightening, stimulating, overwhelming, destructive or creative, depend-ing on one’s point of ...

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