ABSTRACT

The idea of globalization emerged, in the last decade of the twentieth century, as a rallying cry against earning forward trade liberalization and other agendas for further integration of the international economy as an assortment of interests in industrial countries coalesced around organizing resistance to policies promoting an open international economy. What are the prospects for market opening policies in the new millennium in the face of this challenge? How has the call to resist trade liberalization, the attack on international institutions, such as the WTO, which seek to promote liberalization, affected the economies in East Asia and the Pacific, whose development ambitions are so closely tied to deeper integration into the international economy?