On the basis of economic theory, what effects can globalisation be expected to have on trade and growth? Does the empirical evidence support this? What developments will the next phase of globalisation bring?

Given the ecological, economic and social problems around the world, the search is on for a new, alternative concept capable of showing a way out of these global problems. A concept with a claim to have a vital contribution to make, which has been under discussion since the 1980s, is that of...