II. Selected Essays from "Globalization"
We have selected three essays from the SSRC collection
on "Globalization," which we believe are particularly
accessible and thought-provoking for advanced high school
students and undergraduates.
"U.S. Foreign Economic Policy After September 11th"
by Barry Eichengreen
Synopsis: This essay focuses on the potential impact
of September 11th on international economics. Eichengreen
argues that the "war on terrorism" will have an immediate
impact on international economic activity, slowing
international trade, reducing the international flow of
capital and labor migration, and potentially reducing
investment in many developing countries that are considered
to be political risks. However, he considers that over the
long run, global violence will not challenge the trends of
globalization.
"Violence, Law and Justice in a Global Age"
by David Held
Synopsis: David Held considers September 11 against
the backdrop of globalization, the story of which is not
only economic, but also one of growing aspirations for
international law and justice. Changes in the international
legal order have placed individuals, non-governmental
organizations and governments in changed circumstances.
He calls for a new form of truly representative multilateral
institutions that can provide just and legitimate global
responses to the terrorist threat as well as the growing
economic divide that exists in the world today.
"Governance Hotspots: Challenges We Must Confront in the Post-September 11 World"
by Saskia Sassen
Synopsis: Saskia Sassen addresses two "governance
hotspots" that contribute to international insecurity in
the larger post-September 11 context. She argues that it
is in the best interest of the wealthier countries in the
"global North" to address the "debt trap" and contradictory
immigration policies faced by many in developing countries.
She calls for a shift in the approach to debt relief and a
radical re-thinking of how immigration is managed at the
international level. Both examples bring to the fore the
need for focused multilateral efforts to address effectively
the challenges posed by growing interconnectedness.