Developing countries face economic domination by North through globalization policies.
The article discusses how globalization affects developing countries and suggests that they need more control over their national policies. It talks about how international organizations like the World Trade Organization influence policies in favor of wealthier countries. The paper looks at the benefits and challenges of opening up trade, finance, and investment for developing nations. It argues that developing countries should have the freedom to choose when and how much to open their economies to avoid negative consequences like debt traps. The authors emphasize the importance of developing countries working together to advocate for fair policies in global economic decision-making forums.