Diplomat Warns of Downside to Globalization

A leading diplomat, Caesar Gaviria, from Montreal explained to an international economic conference of the downside of globalization. He feels that if globalization doesn't benefit all citizens, it could threaten international trade and lead to more terrorism.

Many citizens have already become less favourable to trade deals due to the growing poverty in Latin America and the series of financial crises over the past decade.

Capitalism and reforms are viewed upon as a loss of confidence in democracy, which has opened people to the v

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