Globalization has become the defining process of the present age. The most important aspects of economic globalization are the breaking down of national economic barriers, the international spread of trade, the financial and production activities, and the growing power of transnational corporations and international financial institutions in the process. While the opportunities and benefits of this process have been stressed by its proponents and supporters, recently there has been increasing disillusionment among many policy makers in the developing contries, analysis and academicians as well as community of non-governmental organization (NGO) in both Eastern and Western countries. The reasons for the changing perception of and attitude to...