ClareShort Globalisation is defined in the White Paper. It has been going on since the end of the Second World War. It has accelerated recently with the end of the Cold War creating one global economy and information technology speeding the transfer of knowledge and information across the world.
People talk as though it is uncontrollable.
This is false. Countries that have increased their openness trade and inward investment have grown faster and reduced poverty for larger numbers of people than those that remain closed. We need a positive agenda to manage globalisation so that the poor of the world will benefit and this is the whole point of the White Paper. It's not globalisation itself, but globalisation without restraint and regulation that's the problem. ClareShort Yes, I do agree and the White Paper makes clear that trade properly conducted will benefit everyone, particularly the poor of the world.