The papers collected here were originally presented at a conference
on multinational culture held at Hofstra University to explore the
sociocultural impacts of the transformation to a global economy.
Written by a distinguished group of contributors from Africa, Asia,
Europe, Latin America, the Caribbean, and North America, the essays
address such questions as: Which particular changes have already
taken root? How can we assess the efficacy of interventions by
nation states and transnational authorities? How are the globe's
resources being managed and how should they be managed in the
future? Specific topics explored include government policies and
their relationship to multinational activities, the formation and
regulation of international capital, labor market segmentation and
protectionism, managing multinationals without sacrificing ethical
standards or profits, environmental impacts, and the language,
legal, gender, and race dimensions of a global economy. Following a
general introduction, the volume is divided into six groups of
chapters, each of which examines a specific aspect of global
transition. The contributors first look at the more general issues
of global movements and global policies, with articles on critical
social movements and the future of the global political economy,
the evolution of multinational public policy towards business, and
the implications of internationalization for development and
welfare in the Third World. The next section describes
globalization's reach into the arenas of monetary policy, banking,
financing, and debt. Subsequent chapters look at the explicit and
implict prejudices and differences that can undermine or enhance
our global experience, present case studies of the contradictory
imperatives between indigenous culture and globalization, affirm
the importance of collective action in protecting labor and the
environment, and consider the controversial and multifaceted nature
of technology transfer. The diversity of topics and perspectives
presented make this an ideal set of supplemental readings for
advanced level courses in development economics, political economy,
and international economics.
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