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House of Lords
Session 2002-03
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Economic Affairs Committee Publications

Economic Affairs - First Report

Here you can browse the report which was ordered by the House of Lords to be printed 18 November 2002.


CONTENTS

FIRST REPORT

CHAPTER 1: INTRODUCTION AND LIST OF CONCLUSIONS AND RECOMMENDATIONS

BACKGROUND

Purpose and scope of the Committee's inquiry into globalisation

Evidence gathering

Acknowledgements

Structure of the Report

Overview of concerns

LIST OF CONCLUSIONS AND RECOMMENDATIONS

CHAPTER 2: DEFINING AND DESCRIBING "GLOBALISATION"

Defining globalisation

Driving forces of globalisation

New phenomenon or new label?

Conclusion

CHAPTER 3: ECONOMIC PERFORMANCE, POVERTY AND INEQUALITY

Poverty

Inequality

Relationship between poverty, inequality and globalisation

Exploiting globalisation to reduce poverty and inequality

CHAPTER 4: LABOUR MARKET CONDITIONS

Developed countries

Developing countries

Responding to changing labour market conditions

CHAPTER 5: ROLE OF TRANSNATIONAL CORPORATIONS

Measuring the power of TNCs

TNCs and the economic effects of FDI

Complaints about the power of TNCs

Regulation of TNCs

Competition policy

Information about TNCs

CHAPTER 6: MANAGEMENT OF THE INTERNATIONAL TRADING SYSTEM

The GATT and the WTO

A "rules-based" trading system

Governance of the WTO

Developed country protectionism: agriculture and textiles

WTO Agreements

CHAPTER 7: THE INTERNATIONAL FINANCIAL SYSTEM

Development of the global capital market

The effects of capital market liberalisation

The international economic institutions

Tackling financial instability and crises


Appendix 1—Membership of the Select Committee and Declarations of Interests

Appendix 2—List of Witnesses

Appendix 3—Call for Evidence

Appendix 4—Letter from Mr Glyn T. Davies, Deputy Chief of Mission of the United States Embassy, London, to the Chairman dated 16 October 2002

Appendix 5—Note on Globalisation by Mr Martin Stewart and Professor Anthony Venables,London School of Economics

Appendix 6—Abbreviations

CD ROM (Containing the Report and two volumes of evidence).

Note

The evidence received by the Committee is published in two separate volumes: oral evidence (and accompanying written evidence) up to 13 March 2002 is published in HL paper 143 (Session 2001-02) and is referred to in the text of this report as (Ev I), and oral evidence (and accompanying written evidence) taken after 13 March 2002 and other written evidence is published in HL paper 5-II (Session 2002-03) and is referred to in the text of this report as (Ev II). (Q) refers to a question in the oral evidence and (p) refers to a page of written evidence.


 
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