What's Wrong With Globalism

GUESTS: RUDI DORNBUSCH Professor of Economics and International Management, MIT (Cambridge, MA) Author, Stabilization, Debt, and Reform: Policy Analysis for Developing Countries (Prentice Hall, 1993) Meetings of the World Bank and the International Monetary Fund begin this week in Washington. Thousands of people are already arriving in the Nation's capital to protest the meetings and urge lawmakers to forgive millions of dollars in debt owed by developing countries. But, some feel globalization is a positive step. Breakthroughs like the Internet and e-mail have increased communication and e-commerce has provided many jobs worldwide, so what's wrong with a global economy? Join Juan Williams and guests for a look at the debate surrounding globalization.

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