On Wed, 19 Mar 2003 07:42:40 +0200, Kevin Robert Dean wrote:
> No clear proof globalisation helps poor: IMF
>
> WASHINGTON: The International Monetary Fund sounded more
> like its critics on Monday when it admitted there is little
> evidence globalisation is helping poor countries.
>
> The IMF, which has often been the target of violent
> anti-globalisation protests, in a new study found economic
> integration may actually increase the risk of financial
> crisis in the developing world.
>
> "Theoretical models" show that financial integration can
> increase economic growth in developing countries, the
> research found, but in practice it is difficult to prove
> this link.
> Full:
> http://jang.com.pk/thenews/mar2003-daily/19-03-2003/business/b9.htm
> ---
> Sent from UnionMail Service [http://mail.union.org.za]
>