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ISSUES OF ACCESS, EMPOWERMENT AND GOVERNANCE IN THE ECONOMY, SOCIAL-CULTURE AND THE ENVIRONMENT

ISSUES OF ACCESS, EMPOWERMENT AND GOVERNANCE IN THE ECONOMY, SOCIAL-CULTURE AND THE ENVIRONMENT. Mr. T. Rajamoorthy (presenting on behalf of Mr. Martin Khor) Editor, Third World Resurgence Magazine Third World Network. Main Points. Growing inequality in an unequal world

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ISSUES OF ACCESS, EMPOWERMENT AND GOVERNANCE IN THE ECONOMY, SOCIAL-CULTURE AND THE ENVIRONMENT

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  1. ISSUES OF ACCESS, EMPOWERMENT AND GOVERNANCE IN THE ECONOMY, SOCIAL-CULTURE AND THE ENVIRONMENT Mr. T. Rajamoorthy(presenting on behalf of Mr. Martin Khor) Editor, Third World Resurgence MagazineThird World Network

  2. Main Points • Growing inequality in an unequal world • Globalisation, the main cause • Neo-liberalism and its main purveyors - WTO, IMF and Wb • Characteristics of ‘globalisation’ (a) an inherently unequal process (b) erosion of national sovereignty (c) the dominance of WTO and ‘Bretton Woods’ institutions in global economic affairs

  3. Main Points • Some necessary reforms (a) A revitalized democratic UN system at the centre of global economic affairs (b) WTO and Bretton Woods institutions to be made more transparent and accountable (c) At the national level, a balance between the Market and the State • TRIPS and its impact (a) A barrier to technological access and diffusion (b) A threat to ‘traditional’ knowledge • E-Commerce and the widening North-South gap

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