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Corporate Governance and Sustainable Global Capitalism.

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| March 01, 2003 | COPYRIGHT 2003 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Journal of Japanese Trade & Industry (JJTI))

Byline: Jean-Pierre Lehmann

In 1991, as George Bush Senior proclaimed the "New World Order," the French political scientist Thierry de Montbrial countered that it was not a new world order we were witnessing, but a "chaotic transition to uncertainty." As the third millennium enters its third year, the chaos and the uncertainty are notably more conspicuous by their presence. This refers not only to Sept. 11, the possibility of war with Iraq, the threat of North Korea and other traumatic phenomena, but to a much more profound malaise in respect to the very legitimacy of the global economic system. ...

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