Globalization and the New World Order : Promises, problems and prospects for Africa in the 21st century.

Literature yields an impressive list of best-selling volumes on the epochal transformation taking place in the world economy and politics. Globalization and the new world order are two appealing concepts currency that capture the character of this transformation. An inordinate amount of effort in the burgeoning literature is devoted to understanding and analyzing how the transformation affects the economies of the industrialized countries and the nature of their political and economic relations in the post-Cold War world-a world without the Soviet Union. Little effort, if any, has been made to broaden our knowledge of the differential impacts of the globalization process and the new world order on the regions that lie outside of the North America-Western Europe-Asia Pacific triangle.