ABSTRACT

Each phase in the debate around development and the global economy is marked by a different theme: dependency in the 1960s and early 1970s, the new international economic order in the late 1970s, structural adjustment in the 1980s and, from the 1990s onwards, globalization. A new theme arises when an emerging trend is recognized (the information and communications revolution, for instance) or when the unexpected occurs – as with the 11 September 2001 terrorist attacks in the USA.