Albert Bressand

Does a global economy still exist? If one were to base one's judgment solely on the recent meetings of the world's most powerful decision-makers--whether at Geneva, Versailles or Cancún--the answer might well be "no." Conflicting perceptions, diverging priorities, and lack of any sense of direction suggest, indeed, that the concept of world interdependence has been lost in a policy and intellectual vacuum. Seldom have so many common interests run into so many common problems to produce so little common action.