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By World Commission on the Social Dimension of Globalization

This can be a groundbreaking record urging that development a good and inclusive globalization develop into a global precedence. Calling for an "urgent reconsider" of present rules and associations of worldwide governance, the file makes an attempt to damage the present deadlock via targeting the worries and aspirations of individuals and at the how one can greater harness the opportunity of globalization itself. This file used to be compiled by way of the realm fee at the Social Dimensions of Globalization, co-chaired through the Presidents of Finland and Tanzania, and whose individuals contain a Nobel Economics Laureate, parliamentarians, social and fiscal specialists and representatives of industrial and multinational firms, equipped labour, academia and civil society. This widely consultant workforce has positioned forth, via this record, the 1st systematic try to take care of social dimensions of globalization. between its prescriptions for attaining a good and inclusive globalization, the document proposes a chain of coordinated measures throughout a huge entrance to enhance governance and responsibility at either nationwide and overseas degrees. those contain fairer principles for foreign alternate, funding, finance and migration, which take account of all pursuits, rights and obligations; measures to advertise center labour criteria and a minimal point of social security within the worldwide economic system; and new efforts to mobilize overseas assets to elevate functions and meet the Millennium improvement targets (MDGs).

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Extra resources for A Fair Globalization: Creating Opportunities For All

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1 Views and perceptions Common ground Africa Arab world Asia Latin America and the Caribbean Transition countries of Europe and Central Asia Western Europe and North America Business, labour and civil society Globalization from a wide range of perspectives 62. A key priority for the Commission was to see globalization from a wide range of perspectives, in regions throughout the world: how it had affected people’s lives; what hopes, fears and concerns it had aroused; and what action people believe should be taken to expand its opportunities and reduce its insecurities.

It is far too soon to call this assembly of various players a global community. It is far from being a unity. There are great inequalities of power and influence. There is an often explosive diversity of opinions and interests. It is fragmented and incomplete, hardly touching the millions who live on the margin of subsistence. 57. Yet the human interactions are multiplying, and the networks are becoming more dense. It is an evolution driven by globalization itself, by the increasing integration of trade and production, and by the expansion of communication, travel and exchange of ideas.

Many CSOs argued that public policies and economic systems must reflect local needs and local decisions. At the same time, there must be greater democracy in the functioning of the multilateral system, and particularly the Bretton Woods organizations and the WTO. * * * 22 A fair globalization: Creating opportunities for all Part II Page 23 Friday, April 16, 2004 2:44 PM 130. Overall, we found much encouragement for our work from the programme of dialogues and consultations in different regions.

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