Synopsis:
The failure of the World Trade Organization (WTO)'s meetings in Seattle has grabbed many headlines. This article explains what the Seattle debacle means for the future of globalization. After the "Battle of Seattle," globalization will be halted or even be forced into reverse. The anxiety over globalization has already affected the Clinton Administration to call for labor standards as a condition of free trade. The "Victory in Seattle" has also led labor, environmental, and other anti-WTO forces to redouble their efforts. For example, they are already mobilising to block China's entry to the WTO. This article also summarizes the next battlegrounds after Seattle.

Full-text Article: http://www.businessweek.com/@@E6JnWGcQ3i2PtwQA/premium/99_51/b3660103.htm
Also see "The Seattle protesters got it right" at
http://www.businessweek.com/@@E6JNWGcQ3i2PtwQA/premium/99_51
/b3660085.htm

Text connection:
Chapter 1 "Globalization" (pp.22-24) and Chapter 5 "The
Political Economy of Foreign Direct Investment" (pp. 164-173).