Hauser Hall 104, Harvard Law School, 1563 Massachusetts Avenue Cambridge, MA
Globalization is presented as a natural, inevitable, and evolutionary process that will bring prosperity and economic growth to all members of the global community. However, the current situation has proved that the system has produced not only winners, but also losers. Moreover, the effects of globalization upon the different regions are diverse. Whilst some countries and communities have benefited from open markets and trade liberalization, others have suffered from market pressures undermining their economic and political powers.