Globalization since World War II magnified the global divide between industrial nations (the North) and developing nations (the South) ? and led to important environmental issues such as global warming and biodiversity destruction. The roots are in historic differences in property rights for natural resources ? which in the South are common property and in the North, private property. These resulted in a pattern of North South trade involving resources v. industrial goods that magnifies the "tragedy of the commons" to a global scale. The developing nations that specialize in resource exports (Africa, Central and South America) have been left behind and unable to meet the "basic needs" of their population, while the Asian Tigers, Little Tigers, India and China have achieved higher productivity and wages, and faster development, by promoting knowledge-based exports. The Knowledge Revolution maps the way to the future. Global emissions markets - as in the Kyoto Protocol - signal the way ahead. But timing is key. Is there a timely solution to overcome the global divide, and achieve sustainable development in a global scale? We discuss a vision of a new economy and blueprints for the future.
17
MAI 2005
Évènement passé
