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Economic Globalization and Institutions of Global Governance: Comments and Debate (I)
Authors:Louis Emmerij
Abstract:Reading Keith Griffin is like listening to a Frenchman presenting his ideas in three parts and ten minutes. It is clear, brilliant, and a delight for the ear, but once it is over you scratch your head and wonder what exactly the meaning of it all was. In the recent article by Griffin published in this journal ( Griffin, 2003 ), there were two instances where I scratched my head. The first instance was when he pleaded in favour of mobility of the factor labour, not only of labour in general, but of unskilled labour in particular in order to reduce global income inequalities. The second instance occurred when he argued in favour of a compulsory tax and transfer mechanism in replacement of the old‐style foreign aid that is ‘nearly obsolete’.
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