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Globalization and Governance - Essays on the Challenges for Small States (Paperback, illustrated Edition)
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Globalization and Governance - Essays on the Challenges for Small States (Paperback, illustrated Edition)
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Despite the controversial nature of globalization, there is no
doubt that the pace and intensity of global interactions has been
multiplied exponentially over the last few decades. Criticism of
globilization is generally arranged into three camps: political,
economic, and cultural. Political critics point to the status of
the small state and conclude either that it is in retreat, or that
the state has reconstituted itself to confront the challenges posed
by globalization, thereby transforming itself into a ""competition
state."" Economic critics hold that globalization is nothing new,
that international transactions are in the logic of capitalism, and
that the trade along the silk route goes back centuries. Cultural
critics protest that globalization is taking us headlong into the
""homogenization of the world."" Others warn of new fault lines
that would lead to ""a clash of civilizations"" and international
conflicts along those lines. Others lament that cultural
globalization will end with the Americanization of the world. This
collection of essays, like the debates themselves, is divided into
three parts. The first section focuses on the political aspects of
globalization. In one essay, ""Globalization and the Caribbean,""
the essayist argues that internationalization leaves no room for
small countries in the Caribbean. The essays in the second section
are devoted to an economic inquiry into the process and impact of
globalization. In ""Inequality and the Division of Gains at the
Global Level,"" one essayist notes that the logic of economic
theory is being overwhelmed by the interests of the powerful, and
that the concerns of the poor countries are important only to the
point where they begin to impact the well-being of the rich. The
final section explores the issue of cultural and social
integration.
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