A political movement that campaigns for an alternative form of globalisation to that of the Washington consensus. Pressure groups, academics and civil society favour another world built upon concepts such as equality and social justice. The anti(or alter)-globalisation movement also seeks to promote an environmentally-conscious approach.
APEC An intergovernmental forum for various economies in the Pacific Rim promoting free trade within the region. Asia-Pacific Economic Cooperation is one of the most significant regional blocks within the entire global economy.