Critics of globalization claim that economic integration drains
political authority from states: devolving authority to newly
empowered regions, delegating it to supranational organizations,
and transferring it to multinational firms and nongovernmental
organizations. Globalization is also attacked for forcing
convergence of state institutions and policies and threatening the
ability of societies to chart their own democratically determined
courses. In "Governance in a Global Economy," Miles Kahler and
David Lake assemble the contributions of seventeen leading scholars
who have systematically investigated how global economic
integration produces changes of governance. These authors conclude
that globalization has created a new and intricate fabric of
governance, but one that fails to match the stark portrait of
beleaguered states.
Exploring changes in governance across several policy areas
(such as tourism, trade, finance, and fiscal and monetary policy),
the authors demonstrate that globalization changes the policy
preferences of some actors, increases the bargaining power of
others, and opens new institutional options for yet others. By
reintroducing agency and choice into our understanding of
globalization, this book provides important new insights into the
complex and contingent effects of globalization on political
authority and governance.
The introduction and the conclusion are by the editors; the
contributors are James A. Caporaso, Benjamin J. Cohen, Barry
Eichengreen, Zachary Elkins, Geoffrey Garrett, Peter Gourevitch,
Virginia Haufler, Michael J. Hiscox, Robert O. Keohane, Lisa L.
Martin, Walter Mattli, Kathleen R. McNamara, Joseph S. Nye, Jr.,
Jonathan Rodden, Ronald Rogowski, Beth A. Simmons, and Peter Van
Houten.
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