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Globalization and Diplomacy: A Practitioner's Perspective

Globalization and Diplomacy: A Practitioner's Perspective

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Talbott<br />

insisted were necessary to meet the dem<strong>and</strong>s of the global economy. The<br />

unexpected victory of the Socialist Party in last spring's French legislative<br />

elections stemmed in part from voters' apprehensions about globalization.<br />

In the United States, political figures such as Ross Perot <strong>and</strong> Pat<br />

Buchanan have tapped into similar anxieties.<br />

Not all those who are within reach of television consider themselves<br />

better off as a result-in fact, often quite the contrary. There are satellite<br />

dishes in the slums of the world's megacities, <strong>and</strong> the signals they suck in<br />

from Hollywood <strong>and</strong> Madison Avenue can trigger resentment <strong>and</strong> anger:<br />

The communications revolution has<br />

the potential to foment revolutions of<br />

a different sort.<br />

<strong>Globalization</strong> itself is neither inherently<br />

good nor bad. Governments can- meant<br />

not block its effects on their citizens greater<br />

without also cutting them off from its <strong>and</strong>prosperity.<br />

opportunities <strong>and</strong> benefits. But they<br />

can shape it to their national <strong>and</strong> international<br />

advantage.<br />

While this task is an increasingly<br />

important <strong>and</strong> explicit theme in U.S.<br />

diplomacy in the post-Cold War era,<br />

it is not new. In the economic realm,<br />

it goes back at least to the immediate aftermath of World War II <strong>and</strong> the<br />

creation of the World Bank <strong>and</strong> the International Monetary Fund at<br />

Bretton Woods. Three decades later, in 1975, the leaders of France, Italy,<br />

Japan, the United Kingdom, the United States, <strong>and</strong> West Germany took<br />

another step forward together. They met in the picturesque French farming<br />

town of Rambouillet to discuss how they could increase trade, coordinate<br />

monetary policies, <strong>and</strong> reduce their vulnerability to rising oil<br />

prices. This was the first of what became, with the addition of Canada<br />

the following year in London, the annual summit of the Group of Seven<br />

major industrialized democracies.<br />

When the successors of those leaders met for the 22nd time in Denver<br />

last June, they were joined by Boris Yeltsin-the first time that the<br />

president of the Russian Federation participated in the summit from<br />

beginning to end. Just as the cast of characters at Denver had grown<br />

since Rambouillet, so had the agenda. Transnational threats such as climate<br />

change, the spread of infectious disease, <strong>and</strong> international orga-<br />

For many millions of<br />

people, globalization has<br />

freedom<br />

But for<br />

millions of others, the<br />

same process has brought<br />

economic disadvantage<br />

<strong>and</strong> social disruption.<br />

FALL 1997 71

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