Summer 1996 - Issue Number 36

International Forum on Globalization

The International Forum on Globalization (IFG) is a new alliance created by sixty activists, scholars, economists, researchers, and writers to stimulate new thinking, joint activity, and public education in response to the rapidly emerging economic and political arrangement called the global economy.
Representing 40 organizations in 19 countries, the Forum's participants have come together out of shared concern that the world's corporate and political leadership is undertaking a restructuring of global politics and economics that may prove as historically significant as any event since the Industrial Revolution. This restructuring is happening at tremendous speed, without full public disclosure of the multiple, profound consequences affecting democracy, human welfare, and the natural world, with devastating effects upon local economies and communities across the planet.

Renaming the problem.
The IFG first convened in San Francisco in January, 1994. It was in the wake of NAFTA's passage, and the conclusion of the Uruguay Round of the GATT agreement. For the organizations and leaders who had worked tirelessly to explain the proposed trade agreements' serious negative consequences, it was time to regroup.

The first IFG participants felt that activism must continue despite setbacks but that the full dimensions and scale of the problem be re-articulated. No longer confined solely to the problems of the new "free trade" agreements or the policies of the World Bank, the issues now needed to be understood systematically, as a global process. A complete reorganization of the world's economic and political activity was underway, and with it the effective takeover of global governance by transnational corporations and the international trade bureaucracies that they established.

At first, the IFG functioned as a kind of think tank among some thirty people (later expanded to sixty) to reexamine the issues and develop alternative strategies, especially those that might reverse the globalization trend. The meetings enabled participants to work through differences among themselves-for example, the different frames of reference between northern and "southern" (Third World) activists. Other discussions focused on the differing views of environmental and labor issues within trade agreements; the role of new technologies in the globalization juggernaut; and the steps needed to relocalize control. The meetings provided an unpressured atmosphere for educational exchange and collaboration. An overall analysis was prepared (which follows), and several publications are in process.

Based on that early experience, the participants agreed to begin speaking out against "economic globalization," since it was clear that public discourse--in the media, in academic, in among governments--had not seriously questioned the common wisdom, that a globalized economy would "lift all boats." Nor had it been understood that viable alternative perspectives and analyses exist.

IFG Position Statement (January 1995):
The International Forum on Globalization advocates equitable, democratic and ecologically sustainable economics. It is formed in response to the present worldwide drive toward a globalized economic system dominated by supranational corporate trade and banking institutions that are not accountable to democratic processes or national governments. These current trends toward globalization are neither historically inevitable or desirable. If continued, they will lead to a number of negative outcomes:

The International Forum on Globalization views international trade and investment agreements, including the GATT, the WTO, Maastricht, and NAFTA, combined with the structural adjustment policies of the International Monetary Fund and the World Bank, to be direct stimulants to the processes that devastate the natural world, weaken democracy, and create a world order in the control of transnational corporations.

The International Forum on Globalization will study, publish and actively advocate in opposition to the current trends toward economic globalization, and will seek to reverse its direction. Simultaneously, we will advocate on behalf of a far more diversified, locally controlled, community based economics that will emphasize the following:

We believe that the creation of a more equitable economic order-based on principles of diversity, democracy, community and ecological sustainability-will require new international agreements that place the needs of people, local economies and the natural world ahead of the interests of corporations. It is possible, necessary, and in the long run, far more viable to seek such paths than a globalized economic system doomed to fail.

For More information contact: IFG
1555 Pacific Avenue
San Francisco, CA 94109
tel: 415-771-3394
fax: 415-771-1121
e-mail: ifg@ifg.org
web: www.ifg.org

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