Globalization is a subject we have heard and read so much about. Here is the first of a series of monographs designed to unmask the truth behind globalization. Eventually, The UNSPOKEN TRUTH series of booklets will cover a wide array of topics which, like globalization, have far-reaching policy implications. You will find within these pages solid information and stimulating ideas on the whole subject of globalization. Starting with a meaningful normative idea of "globalizing development", the author shows the close interrelationship between globalization and liberalization, how the law of "intellectual property" is inimical to "good" globalization, and how globalization, left unchecked, can undermine the sovereignty of national governments. The book challenges the multilateral organizations such as the World Bank, the International Monetary Fund, and the World Trade Organization to stop advocating globalization policies that benefit the developed countries at the expense of the developing countries. In particular, it calls on the United States as the monolithic superpower that is uniquely placed to assume world leadership, to rise above selfish national interests, and confront the challenge of spearheading global equity. The book suggests, however, that the United Nations, for all its shortcomings, is still the body best placed to engineer balanced globalization on a world scale, provided it is reformed in a way that enhances significantly both its power and its international prestige.