06/15/2004
Globalization and the rapid development of new technologies have opened the door to tremendous opportunities for growth. The economic performance of China and many other East Asian countries, joined in the last decade by India, has meant that never before have so many human beings been able to escape poverty in a given time period. Nonetheless, multiple crises, a deep sense of insecurity and large pockets of extreme poverty remain defining characteristics of early 21st century globalization, threatening our confidence in the future and undermining our ability to harness knowledge and technology to create the security and prosperity which should be within reach.