Globalisation and the Nation-State

Although officially welcomed as a major contribution to world welfare, economic globalization is held by many to be responsible for low wages and mass unemployment. This text questions the seemingly inevitable progress and questions whether the state is a powerless institution.
The globalisation of the world economy is one of the major concepts of our time and is likely to influence thinking and policy making well into the 21st century. Although officially welcomed as a major contribution to world welfare it is held by many to be responsible for low wages and mass unemployment. This book questions the seemingly inevitable progress of globalisation and the role of the state as a powerless institution in a globalised economy.

Issues discussed include:

• trade liberalisation and the role of the World Trade Organisation in providing global responses to global issues
• the globalisation of finance; in particular the integration of capital markets
• the role of EMU in limiting the social protection level in member states<
• the effect of globalisation on the structure of the modern nation-state
• a challenge to the conventional image of globalisation, which is viewed as being far less widespread than we are led to believe

This book will be of interest to scholars of the international economics, international political economy and international finance.

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