After a long hiatus, I have returned to working on Globalisation FAQ. I have decided to reorient the site toward an almost exclusive focus on the economics of developing countries. Henceforth, the topics addressed will primarily be the IMF, the World Bank, international trade and development, multinational corporations, the economic history of the Third World, the history of Soviet economic development, economic reforms in Eastern Europe and the former Soviet Union, economic reforms in China, Japanese economic history, etc.

A preliminary set of remarks can be found at the Globalisation Issues Page. The topics covered there include:

• multinational corporations: how much foreign direct investment is there in the Third World?
• where do the profits go?
• Do the rich countries exercise a neocolonial control of the Third World?
• Third World growth
• Third World debt and the economic crises of the 1970s
• The IMF and the World
• Debt relief
• How much structural adjustment has actually taken place in the Third World?

Please note these are incomplete and under construction.

Please send any comments or criticisms (nastier the better) to the author of this site at bucephalus@yahoo.com

-- Sikander Khan

The old introduction to this site:

The purpose of the FAQ is to present basic facts and data about international trade and the global economy; answer frequently asked questions; and debunk popular myths and fallacies. The commentary will mostly take the form of my summaries of assessments by reputable economists and scholars on globalization -- which I hope to make comprehensible to everybody.