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All politics is global
Has globalization diluted the power of national governments to regulate their own economies? Are international governmental and nongovernmental organizations weakening the hold of nation-states on global regulatory agendas? Many observers think so. But in All Politics Is Global, Daniel Drezner argues that this view is wrong. Despite globalization, states--especially the great powers--still dominate international regulatory regimes, and the regulatory goals of states are driven by their domestic interests. As Drezner shows, state size still matters. The great powers--the United States and the European Union--remain the key players in writing global regulations, and their power is due to the size of their internal economic markets. If they agree, there will be effective global governance. If they don't agree, governance will be fragmented or ineffective. And, paradoxically, the most powerful sources of great-power preferences are the least globalized elements of their economies. Testing this revisionist model of global regulatory governance on an unusually wide variety of cases, including the Internet, finance, genetically modified organisms, and intellectual property rights, Drezner shows why there is such disparity in the strength of international regulations.
eBook
Inequality and Globalization
As normally measured, “global inequality” is the relative inequality of incomes found among all people in the world no matter where they live. Francois Bourguignon and Branko Milanovic have written insightful and timely books on global inequality, emphasizing the role of globalization. The books are complementary: Milanovic provides an ambitious broad-brush picture, with some intriguing hypotheses on the processes at work; Bourguignon provides a deep and suitably qualified economic analysis. This paper questions the thesis of both books—that globalization has been a major driving force of inequality between or within countries. The paper also questions the robustness of the evidence for declining global inequality, and notes some conceptual limitations of standard measures in capturing the concerns of many observers in the ongoing debates about globalization and the policy responses.
Journal Article
Outside the box : how globalization changed from moving stuff to spreading ideas
\"Marc Levinson offers a brief history of globalization through the stories of the fascinating people and companies that built global supply chains. In Small World he will follow the thread of the balance between people in the private sector pursuing new ways to make goods and do business and governments eliminating barriers. These two spheres-the private sector and government-did not go global in tandem, and many developments in one sphere were far more impactful in the other than imagined at the time. The book will narrate the development of global supply chains in response to trends in both, telling stories ranging from a Prussian-born trader in New Jersey in the 1760s who dreamed of building a vertically-integrated metals empire, to new megaships too big to call on most of the world's ports leaving half empty, as globalization entered a new stage in its history around 2006. Bringing the story up to the present, Levinson engagingly illustrates how we're not experiencing the end of globalization, only its transformation. As one type of globalization is declining, a new one is on the rise\"-- Provided by publisher.
A Critical Rewriting of Global Political Economy
Moving beyond a narrow definition of economics, this pioneering book advances our knowledge of global political economy and how we might critically respond to it. V. Spike Peterson clearly shows how two key features of the global economy increasingly determine everyday lives worldwide. The first is explosive growth in financial markets that shape business decision-making and public policy-making, and the second is dramatic growth in informal and flexible work arrangements that shape income-generation and family wellbeing. These developments, though widely recognized, are rarely analyzed as inextricable and interacting dimensions of globalization. Using a new theoretical model, Peterson demonstrates the interdependence of reproductive, productive and virtual economies and analyzes inequalities of race, gender, class and nation as structural features of neoliberal globalization. Presenting a methodologically plural, cross-disciplinary and well-documented account of globalization, the author integrates marginalized and disparate features of globalization to provide an accessible narrative from a postcolonial feminist vantage point.
V. Spike Peterson is an Associate Professor in the Department of Political Science at the University of Arizona. She is the editor of Gendered States and the co-author (with Anne Sisson Runyan) of Global Gender Issues .
1. Context and Objectives 2. Theory Matters 3. The Productive Economy 4. The Reproductive Economy 5. The Virtual Economy 6. The Power of Value Bibliography
'A unique and valuable contribution to at least three key areas of research: international relations, international political economy, and feminist and critical studies. The book is cogently written, with sophisticated and clear explanations of Peterson's theoretical approaches and methodological choices.'
Helen M. Kinsella, International Studies Review
'There is much in this book to give food for thought to us all. It challenges conventional accounts of international political economy and, most notably. it reaffirms the linkages between the reproductive and productive economies in the context of globalization.'
Shirin Rai, International Feminist Review of Politics , June 2005
'I found the book to be an excellent introduction to important issues of globalization, one that also provides creative and politically sensitive ways of address in these issues.'
Shirin Rai, International Feminist Review of Politics , June 2005
eBook
The globalization backlash
\"Globalization, heralded for decades as a harbinger of prosperity, faces a huge backlash. In this incisive book, leading thinker Colin Crouch defends globalization against its critics to the right and left, thus providing a much-needed riposte to the delusions that risk plunging the world back into a zero-sum game of regressive economic nationalism\"-- Provided by publisher.
Book
Globalizing justice : the ethics of poverty and power
The claim that people in developed countries have vast, unmet obligations to help people in developing countries is usually based on duties of kindness or a global extrapolation of justice among compatriots. This book constructs a different basis, the need for responsible engagement in transnational interactions in which power is currently abused. After arguing for an undemanding principle of beneficence and deriving duties of justice among compatriots from their special relations, the book develops standards of responsible conduct in current global interactions that determine: what must be done to avoid exploitation in transnational manufacturing, what framework for world trade and investment would be fair, what response to the challenge of global warming is adequate and equitable, what responsibilities to help meet basic needs arise when foreign powers steer the course of development, and what obligations are created by uses of violence to sustain global power. Through detailed empirical inquiries, the book argues that there has been a massive failure to live up to these standards, creating demanding duties to avoid undue advantage and repair abuses of power, on the part of developed countries in general and especially the United States. The book describes policies that would meet these obligations, leading obstacles, and the role of social movements in reducing injustice, especially a global form of social democracy expressing the book's perspective
eBook
Globalization and spatial inequality: Does economic integration affect regional disparities?
This article examines the link between economic globalization and spatial inequality in a panel of 142 countries over the period 1992–2012. Our instrumental variables estimates reveal a strong causal effect of the degree of economic integration with the rest of the world on spatial inequality, indicating that the advances in the process of globalization currently underway contribute to significantly increasing regional income disparities. This means that globalization leads to the emergence of losing and winning regions within countries and that the group of losing (winning) regions tends to be made up of low (high-)-income regions. This result has to do with the regressive spatial impact of actual economic flows, while existing restrictions on trade and capital do not exert a significant effect in this context. Our findings are robust to the inclusion in the analysis of different covariates that may be correlated with both spatial inequality and globalization and are not driven by a specific group of influential countries. Likewise, the observed relationship between economic integration and spatial inequality does not depend on the measures used to quantify the magnitude of regional income disparities within the various countries. At the same time, our estimates suggest that the spatial impact of globalization is contingent on the level of economic development.
Journal Article