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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