An interdisciplinary political economy perspective on globalization, discussing its characteristics, its problems for developing countries, and the relationship between globalization and European integration. A book not to be missed by anyone with an interest in globalization.

This book focuses on China's fast-growing outward foreign direct investment (ODI) and discusses the underlying causes and profound effects of Chinese enterprises' "going global." The book includes eight chapters to analyze the basic characteristics of China's ODI manufacturing enterprises, examine the relationship between enterprise productivity and ODI, investigate the differences between state-owned enterprises and private enterprises in factor market, enterprise ownership and investment, analyze the overall effect of the foreign direct investment (FDI) and thereby the China-US bilateral investment treaties (BIT) on Chinese manufacturing sector in terms of productivity and profitability of the firms. The last chapter provides an overview of China's three stages of economic reform and opening-up policy in the past four decades, and analyzes the reasons for China's realization of the splendid economic achievements within such a short time and the main driving forces of China's incremental international trade in different stages, and discusses the future tasks that would promote the country into a new stage of all-round opening-up. The book aims to illustrate the evolution of China's opening-up design during the past decades and discuss several most important measures to build an all-around opening-up strategy. Based on these profound analyses, the book provides further policy implication for the sustainable development of China's opening-up.

This book offers an in-depth exploration of all dimensions of geoeconomics, including the internal and international forces which explain why most countries remain mired in poverty; the conflicts between the poor on the rich countries; and the global environmental crises threatening the future of humanity.

Value and the World Economy Today brings together a diverse group of globally renowned scholars of international political economy and critical economics to examine the relevance of value theory for understanding the world economy today. The book is unique in the way that it connects literatures that have for the most part developed in isolation from each other and therefore brings questions of theory to bear directly upon the problems of analyzing current global trends and formulating responses to them.

What does it mean to be young in a changing world? How are migration, settlement and new urban cultures shaping young lives? And in particular, are race, place and class still meaningful to contemporary youth cultures?
This path-breaking book shows how young people are responding differently to recent social, economic and cultural transformations. From the spirit of white localism deployed by de-industrialized football supporters, to the hybrid multicultural exchanges displayed by urban youth, young people are finding new ways of wrestling with questions of race and ethnicity. Through globalization is whiteness now being displaced by 'black' culture - in fashion, music and slang - and if so, what impact is this having on race politics? Moreover, what happens to those people and places that are left behind by changes in late modernity?

By developing a unique brand of spatial cultural studies, this book explores complex formations of race and class as they arise in the subtle textures of whiteness, respectability and youth subjectivity. This is the first book to look specifically at young ethnicities through the prism of local-global change. Eloquently written, its riveting ethnographic case studies and insider accounts will ensure that this book becomes a benchmark publication for writing on race in years to come.

Globalization has, essentially, come to an end. It is, already, a victorious revolution. It has profoundly restructured the relationships between people and the world, often recreating them in a new geographical image. This book discovers and describes these relationships of new geographies, providing a comprehensive spatial guide to the globalized world of the 21st century. It considers a number of timely and important themes and insights for the present and future world, exploring topics such as population trends and migration; development, the urban; transportation; religion; our endangered planet; wars, conflicts and terrorism, and disease. As such it offers a cross-cutting synthesis of the modern world. It will be of interest to students and researches in humanities and social sciences, including geographers, economists, political scientists and IR specialists.

Localizing Global Finance illustrates that private equity has become a more significant component of China's economy based on a pattern of new domestic elites importing and implementing a largely Western financial model.

"Globalization: Key Thinkers" offers a critical commentary on the leading thinkers in the contemporary globalization debate, as well as new arguments about the future direction of globalization thinking. The book guides the reader through the key arguments of leading thinkers, explaining their place in the wider globalization debate and evaluating their critical reception. Eleven thematic chapters focus on one or two key thinkers covering every aspect of the globalization debate including the theoretical arguments of Anthony Giddens and Manuel Castells, to the positive arguments of Thomas Friedman and Martin Wolf and the reforming ideas of Joseph Stiglitz. Other chapters variously address the ideas of Immanuel Wallerstein, Arjun Appadurai, Paul Hirst, Naomi Klein, Grahame Thompson, David Held, Anthony McGrew, Michael Hardt, Antonio Negri, Saskia Sassen and Peter Dicken. Each chapter also provides some carefully selected recommendations for further reading for the thinkers discussed. The book ends with a concluding chapter that examines how thinking about globalization is likely to develop in future. Whilst individual chapters can stand alone, the book is designed as a whole to enhance the reader's understanding of how different thinkers' ideas relate and contrast to each other.

This book investigates whether politics in Britain in the twenty-first century is driven more by issues of culture and identity than by "left versus right" issues of wealth distribution. Drawing from a number of opinion surveys, it explores the shifting positions of voters on both economic matters and matters of culture and identity. It finds that between 2015 and 2017 support for Britain's main political parties became much more predicated on issues of culture and identity, reflecting a radical change in how parties attract voters. In the longer-term, it suggests that issues of culture and identity have become more salient overall, possibly because of the oft-cited divide between winners and losers of globalisation. The book ends by speculating on why politics has become more polarised on these issues, rather than on the economic fallout of globalisation, and suggests that an explanation is to be found in changing forms of political communication between voters and politicians.

Explains the rise and fall of globalization-especially, the reasons for its decline politically and economically today. Clearly explains complex global dynamics over a period of the past 40 years. Written in a highly accessible style by the author of the leading text, Understanding Globalization (4 editions) who is a scholar and a journalist. Ideal for courses on globalization, international political economy, global politics, and many other courses.

Explains the rise and fall of globalization-especially, the reasons for its decline politically and economically today. Clearly explains complex global dynamics over a period of the past 40 years. Written in a highly accessible style by the author of the leading text, Understanding Globalization (4 editions) who is a scholar and a journalist. Ideal for courses on globalization, international political economy, global politics, and many other courses.

Why did the world's strongest power intervene militarily in the tiny Commonwealth Caribbean island of Grenada in October 1983? This book focuses on United States-Grenada relations between 1979 and 1983 set against the wider historical context of US-Caribbean Basin relations. It presents an in-depth study of US policy during the Carter and Reagan presidencies and the deterioration of relations with the Marxist-Leninist People's Revolution Government (PRG) of Grenada. It considers in detail the murderous internal power struggle that destroyed the PRG and the decisionmaking process that resulted in a joint US-Caribbean military intervention.

From the acclaimed author of The Box, a new history of globalization that shows us how to navigate its future Globalization has profoundly shaped the world we live in, yet its rise was neither inevitable nor planned. It is also one of the most contentious issues of our time. While it may have made goods less expensive, it has also sent massive flows of money across borders and shaken the global balance of power. Outside the Box offers a fresh and lively history of globalization, showing how it has evolved over two centuries in response to changes in demographics, technology, and consumer tastes. Marc Levinson, the acclaimed author of The Box, tells the story of globalization through the people who eliminated barriers and pursued new ways of doing business. He shows how the nature of globalization changed dramatically in the 1980s with the creation of long-distance value chains. This new type of economic relationship shifted manufacturing to Asia, destroying millions of jobs and devastating industrial centers in North America, Europe, and Japan. Levinson describes how improvements in transportation, communications, and computing made international value chains possible, but how globalization was taken too far because of large government subsidies and the systematic misjudgment of risk by businesses. As companies began to account properly for the risks of globalization, cross-border investment fell sharply and foreign trade lagged long before Donald Trump became president and the coronavirus disrupted business around the world. In Outside the Box, Levinson explains that globalization is entering a new era in which moving stuff will matter much less than moving services, information, and ideas.

The book provides an overview of how international law is today constructed through diverse macro and microprocesses that expand its traditional subjects and sources, with the attribution of sovereign capacity and power to the international plane (moving the international toward the national). Simultaneously, national laws approximate laws of other nations (moving among nations or moving the national toward the international) and new sources of legal norms emerge, independent of states and international organisations. This expansion occurs in many subject areas, with specific structures: commercial, environmental, human rights, humanitarian, financial, criminal and labor law contribute to the formation of post national law with different modes of functioning, different actors and different sources of law that should be understood as a new complexity of law.

"Globalization and Uncertainty in Latin America" gathers new scholarship on globalization and Latin America in an entertaining and well-researched volume. This balanced and innovative collection examines how rising levels of uncertainty affect daily life, as well as society, government, and culture. Well-known authors use different methodologies to approach the common theme of a region transformed in recent years by neoliberalism. Most of the contributors suggest that Latin America is experiencing rapid and unexpected change, and that its future looks much different than ever predicted. In total, the book suggests that high levels of uncertainty in the region have resulted in counterintuitive and, at times, innovative political outcomes.

Mobile money, e-commerce, cash cards, retail credit cards, and more-as new monetary technologies become increasingly available, the global South has cautiously embraced these mediums as a potential solution to the issue of financial inclusion. How, if at all, do new forms of dematerialized money impact people's everyday financial lives? In what way do technologies interact with financial repertoires and other socio-cultural institutions? How do these technologies of financial inclusion shape the global politics and geographies of difference and inequality? These questions are at the heart of Money at the Margins, a groundbreaking exploration of the uses and socio-cultural impact of new forms of money and financial services.

This book develops a nuanced decolonial critique that calls for the decolonization of media and communication studies in Africa and the Global South. Last Moyo argues that the academic project in African Media Studies and other non-Western regions continues to be shaped by Western modernity's histories of imperialism, colonialism, and the ideologies of Eurocentrism and neoliberalism. While Africa and the Global South dismantled the physical empire of colonialism after independence, the metaphysical empire of epistemic and academic colonialism is still intact and entrenched in the postcolonial university's academic programmes like media and communication studies. To address these problems, Moyo argues for the development of a Southern theory that is not only premised on the decolonization imperative, but also informed by the cultures, geographies, and histories of the Global South. The author recasts media studies within a radical cultural and epistemic turn that locates future projects of theory building within a decolonial multiculturalism that is informed by trans-cultural and trans- epistemic dialogue between Southern and Northern epistemologies.

Examining modern Muslim identity constructions, the authors introduce a novel analytical framework to Islamic Studies, drawing on theories of successive modernities, sociology of religion, and poststructuralist approaches to modern subjectivity, as well as the results of extensive fieldwork in the Middle East, particularly Egypt and Jordan.

In this much-needed book, Graham Dunkley challenges the oft-repeated notion that free trade and global integration are the best means of development for all nations at all times - an idea that has proved even more misguided in the wake of the global financial crisis. By contrast, Dunkley reveals - through a wide range of statistical analysis and case studies - that at best the evidence is mixed. Looking systematically at issues such as trade-led growth, supply chains and financialization, One World Mania reveals the many problems that over-globalization has caused, often at great human cost. An indispensible guide for anyone wishing to understand the shortcomings of current global economic policies.

What is the effect of globalisation on nationalism, and conversely how does the persistence of the nation affect globalizing forces? Does globalisation spell the end of the nation-state and if so, what is it that accounts for the persistence of nationalism in the modern world? Nationalism and globalisation are two central phenomena of the modern world, that have both shaped and been shaped by each other, yet few connections have been made systematically between the two. This book brings together leading international scholars to examine the relationship between nationalism and globalisation. With a range of case studies from Europe, the US and Asia, the authors focus on the interaction between globalisation, national identity, national sovereignty, state-formation and the economy and consider the ways in which nationalism has shaped globalising processes. Divided into three parts: * Part one provides the theoretical framework, identifying the issues that arise from this interrelationship, exploring whether nationalism and globalization are conflicting or can be complementary. * Part two examines how nationalism has shaped and has been shaped by globalising forces in the past. * Part three focuses on contemporary issues, including regionalisation, migration and citizenship, finance and capitalism, and the emergence of transnational popular and elite cultures on the nation state and national identity. It will be of interest to students and scholars of political science, sociology, history, economics and international relations.

The Oxford Handbook of Global Studies provides an overview of the emerging field of global studies. Since the end of the Cold War, globalization has been reshaping the modern world, and an array of new scholarship has risen to make sense of it in its various transnational manifestations-including economic, social, cultural, ideological, technological, environmental, and in new communications. The editors-Mark Juergensmeyer, Saskia Sassen, and Manfred Steger-are recognized authorities in this emerging field and have gathered an esteemed cast of contributors to discuss various aspects in the field through a broad range of approaches. Several essays focus on the emergence of the field and its historical antecedents. Other essays explore analytic and conceptual approaches to teaching and research in global studies, and the largest section will deal with the subject matter of global studies, challenges from diasporas and pandemics to the global city and the emergence of a transnational capitalist class. The final two sections feature essays that take a critical view of globalization from diverse perspectives and essays on global citizenship-the ideas and institutions that guide an emerging global civil society. This Handbook focuses on global studies more than on the phenomenon of globalization itself, though the various aspects of globalization are central to understanding how the field is currently being shaped.

Art and the Challenge of Markets Volumes 1 & 2 examine the politics of art and culture in light of the profound changes that have taken place in the world order since the 1980s and 1990s. The contributors explore how in these two decades, the neoliberal or market-based model of capitalism started to spread from the economic realm to other areas of society. As a result, many aspects of contemporary Western societies increasingly function in the same way as the private enterprise sector under traditional market capitalism. This second volume analyses the relationships of art with contemporary capitalist economies and instrumentalist cultural policies, and examines several varieties of capitalist-critical and alternative art forms that exist in today's art worlds. It also addresses the vexed issues of art controversies and censorship. The chapters cover issues such as the culturalization of the economy, aesthetics and anti-aesthetics, the societal benefits of works of art, art's responsibility to society, "artivism", activist arts as protest and capitalism-critical works, and controversies over nudity in art, as well as considering the marketisation of emerging visual arts worlds in East Asia. The book ends with the a concluding chapter suggesting that even in today's marketized and commercialized environments, art will find a way. Both volumes provide students and scholars across a range of disciplines with an incisive, comparative overview of the politics of art and culture and national, international and transnational art worlds in contemporary capitalism.

In the 19th century, colonial rule brought the modern world closer to the Indonesian peoples, introducing mechanized transport, all-weather roads, postal and telegraph communications, and steamship networks that linked Indonesia's islands to each other, to Europe and the Middle East. This book looks at Indonesia's global importance, and traces the entwining of its peoples and economies with the wider world. The book discusses how products unique to Indonesia first slipped into regional trade networks and exposed scattered communities to the dynamic influence of far-off civilizations. It focuses on economic and cultural changes that resulted in the emergence of political units organized as oligarchies or monarchies, and goes on to look in detail at Indonesia's relationship with Holland's East Indies Company. The book analyses the attempts by politicians to negotiate ways of being modern but uniquely Indonesian, and considers the oscillations in Indonesia between movements for theocracy and democracy. It is a useful contribution for students and scholars of World History and Southeast Asian Studies.

Traditional understandings of economic development in low- and mid-income countries have largely been influenced by the economic narrative of Western Official Development Assistance (ODA). Within this framework, compliance with macroeconomic orthodoxy and early integration in Global Economic Governance (GEG) regimes are presented as enabling conditions to reach enhanced and sustainable levels of economic growth and social betterment. Yet, this narrative often fails to answer fundamental questions surrounding relational dynamics between the economies of ODA beneficiary countries and the GEG regimes they are asked to join. Bringing together contributions by Government officials, academics and development practitioners, this edited volume explores quantitative and qualitative approaches to socio-economic analysis in low- and mid-income countries, highlighting the conditions under which international economic policies and institutions can foster - or hinder - their socio-economic growth. In particular, contributions address the impact of both West and China-inspired international economic regimes on value-adding capacity, trade, investments, job creation and social development, thus advancing the debate on what policy and legal provisions should low- and mid-income countries adopt in order to maximize the benefits and minimize the costs deriving from joining international economic regimes. A comprehensive investigation of both sides of the Global Economic Governance and Human Development relationship; this book will interest scholars, practitioners and graduate students working in the areas of international relations, international political economy, global governance, international economics, development studies and human security.

The G7, a self-selected club of like-minded industrialized countries, looks at first glance ill-suited to address current anti-globalist concerns. Despite this, it has successfully confronted anti-globalization, populist and protectionist pressures by focussing on concerns surrounding the destruction of the natural environment, immigration, transnational crime, drugs, disease and terrorism, thus demonstrating the social and ecological advantages that globalization brings. Exploring how the world's oldest informal summit institution continues to respond to rising anti-globalisation, populism and protectionism, this book investigates the contribution the G7 makes to global governance through its actions and accountability of its members. The expert contributors analyse from different perspectives the issues that have contributed to the rise of populism and protectionism, and how well the G7 has responded to them. Each contribution identifies avenues that might allow renewing and strengthening the role of the G7 in times of global change, with a view of strengthening its legitimacy and effectiveness. It will be of interest to policy makers, diplomats, scholars of international relations, international political economy, diplomacy, summitry and global governance. The issues discussed will also be particularly relevant to those working for civil society and non-governmental organizations seeking to participate in governance forums or to influence those who do.