A gloomy end to the year of euphoric boom

Article Abstract:

Trends in the world economy in 2000 are discussed. It is argued that economic boom has not been properly managed.

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We need to see more globalisation, not less, to spread its benefits

Article Abstract:

Those who oppose globalization fail to realize that millions of people still do not have access to the benefits of globalization, such as drugs developed by multinational firms. For such people, there is a need for more globalization, not less.

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Sadly, there is no magic wand for us to fix it

Article Abstract:

Very mixed views are being expressed about the future of the world economy, as highlighted at the 1999 World Economic Forum in Davos, Switzerland. Americans remain reasonably optimistic about their country's economic future, but they are aware that a growing differential with Japan is emerging. Continental European politicians have been focusing on the introduction of the single European currency, and have therefore failed to notice that consumers remain cautious. It is recognized that there is no easy way to address the world's economic problems.

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