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Spring 2000

The Double Edge of Globalization

Robert J. Samuelson is a columnist for Newsweek and The Washington Post and author of The American Dream in the Age of Entitlements (1996). He originally wrote this piece for a special series sponsored by the International Herald Tribune.

Boston - Globalization is a double-edged sword: a powerful vehicle that raises economic growth, spreads new technology and increases living standards in rich and poor countries alike, but also an immensely controversial process that assaults national sovereignty, erodes local culture and tradition and threatens economic and social instability.

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