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French Prime Minister Calls For Limits To Globalisation

French Prime Minister, Lionel Jospin, has called for stronger international institutions and regulatory mechanisms to rein in the forces unleashed by globalisation.

Speaking in Tokyo, Jospin said that he was not opposed to globalisation, but attacked the “excessive power of multinationals”.

He decried the “intolerable inequalities” and the crushing of national identities created by the global economy.