WILL GLOBAL CAPITALISM FALL AGAIN? - "Iin December 1991, the dissolution of the Soviet Union epitomised the end of the division of the world into separate blocs and the emergence of a truly global economy. Though the term had been coined somewhat earlier, it was at about the same time that globalisation entered the public debate. At that time, it was looked upon as a promise.

http://scholar.harvard.edu/files/jfrieden/files/globalcapfallagainwebversion-1.pdf