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Characterized by shrinking time, shrinking space and disappearing borders, globalization offers unique opportunities for human progress. But these opportunities are not evenly distributed among people and nations. Furthermore, globalization squeezes a number of activities falling outside of the market. "Human Development Report 1999" offers analysis of the economic, social, and political outcomes of this present era of globalization, with a spotlight on the fiscal squeeze on social spending, the time squeeze on caring activities, and the incentives squeeze on the environment. It also offers recommendations for stronger governance - at the local, national, regional, and global levels - to make globalization work for people, not just for profits.