benefts of globalisation are not equitably and evenly distributed ,
the world based on capitalist system runs with afuence of the rich countries and impoverishment of the poor countries -the resultant inequality is the frst challenge of globalisation Globalization has brought benefts and opportunities for many people in many parts of the world. owever, many others have been e!cluded from its positive impact. "!treme poverty remains a daily reality for more than # billion people who subsist on less than $# a day. %ore than &'' million people have too little to eat to meet their daily energy needs. subsistance of one dollar a day Inequality between countries and within countries has also increased and global environmental ris(s have increasingly become a matter of global concern. )romoting a coherent approach to policy ma(ing through greater coherence and co-ordination is essential to ensuring that the benefts of globalization are e!panded and spread more broadly and that its potentially negative e*ects are diminished. institutional mechanism and governance has not been strengthened with globalisation of information -trade and fnances -that is the second big challenge of globalisation globalization of production, fnance and information, among others, has not been matched by a corresponding reshaping of institutional mechanisms. +ddressing this institutional and governance gap is the second great challenge of globalization. global enforcement mechanism ,ith its universal membership the General +ssembly is particularly well placed to serve as a forum for building consensus on how to better manage globalization in order to promote development. Globalization and interdependence has been included on the agenda of the "conomic and -inance ./econd0 1ommittee of the General +ssembly since #222, following a igh-3evel 4ialogue held on #5 and #& /eptember #22& on the social and economic impact of globalization and interdependence and the policy implications. 6he General +ssembly debates and in particular the special events of the General +ssembly /econd 1ommittee have provided a forum for e!change of views among %ember /tates and have helped to forge a global consensus on actions which need to be ta(en at the global, regional and national level to turn globalization into a positive force for development that benefts all. -or its 7''& debate, the General +ssembly requested the /ecretary-General in resolution 879#22 to prepare a report on the on the : Impact of globalization on the achievement of the internationally agreed development goals, including the %illennium 4evelopment Goals; under the broader theme of :Globalization and interdependence;. Global Interdependence 1enter 6he Global Interdependence 1enter .GI10 is a )hiladelphia based non-proft organization that holds conferences and programming to increaseglobal dialogue and promote free trade, in order to improve cooperation and understandingamong nation states, with the goal of reducinginternational con<icts and improving worldwide living standards.=#> 4r. ,illiam 1. 4un(elberg serves as 1hairman and "rin artshorn serves as the "!ecutive 4irector.=7> increased global cooperation trade removing con<icts