gn investments, taxation, competition, and labour standards); (b) limits financial instability; (c) engenders greater international joint action on issues of such crucial importance as the environment and poverty; and finally (d) enables each country to pursue, within the framework of existing global agreements and those reached in the future, those national productive and distributive policies which match the needs and desires of their citizens.
If the wide array of national and international policies described by this book in regard to resource reallocation and income redistribution meet insurmountable obstacles against their implementation, it is possible that globalization may abruptly slow down. But this is not to say that the world will be better place as a consequence. Whilst globalization may bring costly changes for some citizens of the world’s countries, de-globalization may do so to an even greater extent. Globalization should therefore not be demonized. Instead, it should be given a human face; and this, despite great difficulties, we believe can be achieved.