Canada and Globalization

Paper Summary:

This paper explains that the interests and vantage points of governments and corporations tend to differ on questions of foreign takeovers and investments. The paper then points out that Canada's entry into the World Trade Organization (WTO) agreements enables involvement in a globalized economy under new international rules. The author underscores the importance of public interest groups given the neo-liberal economic shifts of the government, including the radical departure of the North American Free Trade Agreement (NAFTA) agreement. The paper argues that restrictions must be demanded that will regain Canadian economic sovereignty by better regulating foreign investment.

Table of Contents:
Introduction
World Trade Organization (WTO)
Public Interest Groups and NAFTA

From the Paper:

"Critics of international trade agreements sometimes refer to their influence in weakening understandings of sovereignty. An example of this is found in differing conceptions of Canadian Arctic sovereignty, the Americans interested in future navigation through the Northwest Passage enabled by global warming, claiming that the Passage is an international strait, the Stephen Harper government reiterating that it is indisputably Canadian and that proposed sea traffic is an infringement and a pronounced environmental risk."

Sample of Sources Used:

• Alter, K. (2003). "Resolving or Exacerbating Disputes - the WTO's New Dispute Resolution System." International Affairs. 79: 783-800.
• Aubrey, J. (2007). Canadian Troubled by Takeovers - Poll. Canwest News Service. May 28.
• Barlow, M. (2007). "Can Canada Survive Deep Integration?" in T. Wesson. Ed. Canada and The New World Economic Order - Strategic Briefings for Canadian Enterprise. 3rd edition. Toronto: Captus.
• Barrows, D. (2007). "Canada's Global Competitiveness" in Wesson, Canada and the New World Economic Order - Strategic Briefings for Canadian Enterprise.(2007) "International Trade and Investments" in Wesson, Canada and the New World Economic Order - Strategic Briefings for Canadian Enterprise.
• Brean, D.J.S. (2007). "Canada's Economy - Structure and Performance" in Wesson, Canada and the New World Economic Order - Strategic Briefings for Canadian Enterprise.

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