<![CDATA[The world economy has been changing since the last decade till nowadays. The increase speed and ease of transportation and information technology and the increased used of international markets, is a phenomena faced by all of us. It is often said that world is becoming shringking into a llglobal village" with free trade and free capital mobility as common characteristics in globalization era. While it is a must, being faced by all of us, the question is whether globalization can generate benefit to developing countries or not. Is globalization just a new kind of imperialism that only benefits developing nations? What must be done? This paper describes this issue in relation with the implementation of economic integration under AFTA and NAFTA.]]>
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