Keyword : Globalization

The U.S. Invasion of Iraq: The Military Side of Globalization?
26 October 2004

The major justifications for the U.S.-led invasion of Iraq—Saddam Hussein’s supposed possession of weapons of mass destruction and Iraqi ties to the terrorist al-Qaida network—are now widely discredited, and Washington’s claims that its efforts are creating a democratic Iraq are also highly dubious. Although economic factors did play an important role in prompting a U.S. invasion, the simplistic notion that Iraq’s makeover was undertaken simply for the sake of oil company profits ignores the fact that even optimistic projections of the financial costs of the invasion and occupation far exceeded anticipated financial benefits. Furthermore, Saddam Hussein was already selling his oil at a level satisfactory to Western buyers, and his standing among fellow OPEC members was low, so he could not have persuaded the cartel to adopt policies detrimental to U.S. interests. So what actually motivated the United States to take on the problematic task of conquering and rebuilding Iraq?

Economic Liberalization, Globalization and World Hunger: New Opportunities and Challenges
5 September 2000

International Symposium
Unemployment and Poverty: Causes and Remedies
5-10 September 2000