The progressive spread of a social awareness and internati
onal recognition of human rights, free movement of goods, people, capital and services could be seen as some of the positive effects but cultural levelling and homogenisation, ab
andonment of labour resources, at times undermining of labour rights, environmental damage and widening the gap between the global concentration of private wealth and extreme poverty, are negative impacts. There is a role for internat
ional regulations , multinational ...[+++] and trade institutions to mitigate the negative effects of globalisation through a new approach which places national development priorities, investor obligations and transparency at the centre, to ensure the benefits of international trade and investment are more equitably distyributed and reach the poorest people.