Globalization & Liberalization of the World Economy: concepts, historical developmentand implications for the less developed countries and labour movement
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Date
2001
Authors
Onyekpe, J.G.N.
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Publisher
Centre for Constitutionalism and Demilitarisation (CENCOD)
Abstract
The idea and practice of Globalization and Liberalization of the world economy are not new although they have become far more topical and significant than ever before. The processes of globalization and liberalization of the world economy are related, as globalization cannot be achieved without the liberalization of trade and other relation among the nations of the world. Globalization covers all areas of inter-star relations such as economic and commercial relations; political, military and defenc , cultural etc. Our main focus in this paper is on the economic and commercial aspects. This paper is an examination of the concept and historical development of globalization and liberalization, their aims, and their implications for the economies of the Le s Developed Countries (LDes) or the world and the Labour Movement. It is our position that globalization and liberalization are nothing but imperialist processes and as such the Labour Movement in the exploited and oppressed areas of the world (to which igeria belongs) should neither fold its arms nor clap for imperialism and its agents. The Labour Movement must wage a consistent struggle against imperialism ) euphemized as globalization, and against capitalism euphemized as liberalization of the world economy.
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Scholarly article
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Citation
Onyekpe, J.G.N. (2001). Globalization & Liberalization of the World Economy: concepts, historical developmentand implications for the less developed countries and labour movement., 43-68p.