José Antonio Ocampo, Executive Secretary of ECLAC (Economic Commission for Latin America and Caribbean), presents an in-depth inquiry on how Globalization can affect small economies – of which Caribbean are a vivid example - both in a positive and in a negative way. He stresses the dangers that small-sized countries run in face of Globalization - like less diversification and reduced macroeconomic policy autonomy - as well as the opportunities that it has created for them, and calls for a regulation which would maximise the good effects and marginalize the bad sides. Very unbiased, concrete and fact-based.