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By Felice Roberto Pizzuti (auth.), Prof. Maurizio Franzini, Professor Felice R. Pizzuti (eds.)

The division of Public Economics of the Rome college "La Sapienza", in accordance with its basic job of selling study, not just contained in the division, but additionally via an trade of principles with students from Italian and international learn associations, periodically organizes meetings and conferences at the very important issues of monetary idea and coverage. monetary globalization essentially belongs to this type. simply ponder the frequent results and results of globalization, the variety of instruments that its research calls for in addition to its impression at the welfare of the populations concerned, and the recent problems it brings approximately by way of tools and result of public and regulatory interventions. accordingly, in this very topic, the dep. of Public Economics invited a bunch of students, who've been deeply concerned with the questions raised by way of financial globalization, to an instantaneous disagreement. the purpose of this convention was once to deepen understanding of the phenomenon and its particular impression at the complex economies of our continent, in addition to to formulate proposals for motion on either the nationwide and super-national point. This quantity, which collects the contributions offered at this assembly, supplies an account of the deliberations that happened on the convention "Globalization, associations and Social solidarity" held on the school of Economics of Rome college "La Sapienza" from the fifteenth to the seventeenth of December 1998.

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Beyond this fact, it is interesting to note that the optimists are concentrated among those who have the highest incomes; they are, in fact, made up of 63% that 24 Maurizio Franzini have an annual family income above $75,000 dollars and only 37% that earn less than $50,000 dollars. Other surveys reached the conclusion that about two-thirds of Americans feared that globalization implied the transfer abroad of the best jobs which helps to clarify the meaning of these findings. Scholars of globalization - as demonstrated in some of the essays contained in this volume - have for some time pointed out the danger of a reaction or backlash against globalization.

The richer countries - especially the United States - wanted a ban on child labour; they also wanted the developing countries to adopt a generally more advanced legislation concerning work standards. On their part, the developing countries were not without some suspicions about this concern about their workers, and they expressly stated that the only scope of these requests was to block the process of growth, and of eliminating the competitive advantage that they have in comparison to the richer countries.

Scholars of globalization - as demonstrated in some of the essays contained in this volume - have for some time pointed out the danger of a reaction or backlash against globalization. While it is certainly excessive to interpret the aforementioned signals as proof of a reaction already well underway, it would, however, be a serious mistake to underrate the significance of this backlash; keeping in mind - as several commentators have noted - that the Seattle demonstrators did not enjoy any democratically recognized position.

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