Globalization and 'globalism'
Luiz Carlos Bresser-Pereira
Intervention in the fifteenth session of the Group of Experts in Public Administration and Finance, United Nations, New York, May 9, 2000.
Globalization is a historical process that presents a threat, a challenge, and an opportunity to developing countries. It should be clearly distinguished from the ideology affirming that national states lost autonomy, and the state, relevance, in the new global economy.