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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. A key priority for the Commission was to see GLOBALIZATION from a wide rangeof perspectives, in regions throughout the world: how it had affected people slives; what hopes, fears and concerns it had aroused; and what action peoplebelieve should be taken to expand its opportunities and reduce its To achieve this, we launched a wide-ranging programme of dialogues and con-sultations at national, regional and global levels.

75. In all parts of the world regional integration was seen as a route towards a fairer, more inclusive globalization. Countries are better able to manage the social and economic challenges of globalization by working together. That calls for better integration of social and economic policies in the process of regional integration,

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