10/05/2007 - Both buoyed and battered by globalization, people around the world strongly view international trade as a good thing but harbor growing concerns about its side effects: threats to their cultures, damage to the environment and challenges posed by immigration, according to a new survey.
The survey of people in 47 countries found large majorities everywhere saying that trade is a good thing, particularly in countries lifted lately by trade-based growth, like Jordan and Argentina.
But recent years have seen erosion in support for trade in advanced Western countries including Germany, Britain, France and Italy - and, most sharply, in the United States. The number of Americans saying trade is good for the country has dropped by 19 points since 2002, to 59 percent.
"GDP growth hasn't been as dramatic in these places as in Latin America or Eastern Europe," said Andrew Kohut, director of the Pew Research Center, which conducted the poll. "But worldwide, even though some people are rich and some are poor, support for the basic tenet of capitalism is pretty strong."
Read the full article Survey Finds Erosion of Support for Globalization's Side Effects on the International Herald Tribune's Web site.