Books > Reference & Interdisciplinary > Interdisciplinary studies > Globalization
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Government and the Economy - A Global Perspective (Paperback, 2nd ed.)
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Government and the Economy - A Global Perspective (Paperback, 2nd ed.)
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Globalization is a common theme in the discourse of post-industrial
society, yet it is a process that is ill understood. Is it
basically a technological phenomenon or does its immense impulse
derive from economic factors? Should it be regulated by government,
and at what level? Questions such as these are debated continuously
in the mass media, yet there are no simple answers available, as
globalization is not only an amporphous but also a contested
phenomenon.Government and the Economy is a completely reworked
edition of Jan-Erik Lane and Svante Ersson's popular text
Comparative Political Economy, which the authors have updated for
the twenty-first century. They present a profound analysis of how
globalization changes the boundaries between state and market,
public and private, and government and society. When the state
retreats and markets expand, what are the major outcomes? And what
is driving this process of redefining the roles of government and
the tasks of society?The book offers a penetrating survey of the
differences between the countries of the world in terms of their
economy and polity, and a forceful critique of the prevailing
models in political economy. Lane and Ersson look closely at Public
Choice theories which emphasize the role of markets in
accomplishing efficient solutions to human interaction while
modeling governments as enhancing state failure. They argue that
such accounts are misguided. The need for govenment in the global
market economy is as strong as it is in relation to the domestic
economy. They go on to suggest that the most efficient and
equitable means of strengthening government in the global market
place, without creating one-world government, is thereform and
empowerment of IGOs.
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