The 6th ministerial meeting of WTO at Hong Kong, once again brought to the frontiers, the pro-globalisation and anti-globalisation campaigners. The globalisation, when on one hand implies that when one part of the world gets into trouble, it can appeal to the rest for help; on the other, it implies that trouble in one part can quickly be exported to the rest. Globalisation, as a phenomenon has been existing since ages, as is evident in trade relations with Roman world in ancient period, presence of silk route etc. The debate that is ensuing between the two groups is of more recent origin, starting in 1990s when WTO was formed as an embodiment of globalisaion. What the two groups are arguing over is the framework which globalisation is following after the formation of WTO. The pro-globalisation campaigners argue that……………… * Globalisation is the soul of the laissez faire economy and the spirit of the principle of relative advantage of Adam Smith, according to which each country woul...