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Europe and the Management of Globalization (Paperback)
Loot Price: R337
Discovery Miles 3 370
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Europe and the Management of Globalization (Paperback)
Series: Journal of European Public Policy Series
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List price R1,033
Loot Price R337
Discovery Miles 3 370
You Save R696 (67%)
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Total price: R357
Discovery Miles: 3 570
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European politicians often speak of their efforts to 'manage
globalization.' At one level, this is merely a rhetorical device to
make globalization more palatable to citizens and prove that
policy-makers are still firmly in control of their country's fate.
This volume argues that the advocacy of managed globalization goes
beyond rhetoric and actually has been a primary driver of major
European Union (EU) policies in the past twenty years. The EU has
indeed tried to manage globalization through the use of five major
mechanisms: 1) expanding policy scope 2) exercising regulatory
influence 3) empowering international institutions 4) enlarging the
territorial sphere of EU influence, and 5) redistributing the costs
of globalization. These mechanisms are neither entirely novel, nor
are they always effective but they provide the contours of an
approach to globalization that is neither ad hoc deregulation, nor
old-style economic protectionism. The recent financial crisis may
have seemed initially to vindicate the European efforts to manage
globalization, but it also represented the limits of such efforts
without the full participation of the US and China. The EU cannot
rig the game of globalization, but it can try to provide
predictability, oversight, and regularity with rules that
accommodate European interests. This book was based on a special
issue of Journal of European Public Policy.
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