By Stefan A. Schirm
Globalization is the 1st quantity which systematically encompasses the debates and the result of learn of political scientists on all center features of the interrelation among politics and economics within the technique of globalization.
This quantity exhibits how examine on globalization has reached a level of differentiation and depth that makes it invaluable and tasty to evaluate the cutting-edge and views for additional study. With contributions from foreign specialists together with Andreas Busch, Nadine Haase and Edgar Grande.
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Extra info for Globalization: State of the Art and Perspectives (Routledge Frontiers of Political Economy)
International Organization, 52/4: 787–824. –––– (1998b) Partisan Politics in the Global Economy, Cambridge: Cambridge University Press. –––– (2000) “The Causes of Globalization”, Comparative Political Studies, 33/6–7: 941–91. Garrett, G. and Mitchell, D. (2001) “Globalization, Government Spending and Taxation in the OECD”, European Journal of Political Research, 39: 145–77. Genschel, P. (2004) “Globalization and the Welfare State: a Retrospective”, Journal of European Public Policy, 11/4: 613–36.
The lack of appropriate political institutions can lead to failed liberalization which does not contribute to increasing wealth. Examples of the relevance of institutions are those developing countries which liberalized their ﬁnancial markets without having appropriate institutions for controlling their banking and stock market systems and were thus often crisis prone (on the causes of the ﬁnancial crisis in Asia and Latin America see Desai and Said 2004). 6 Global economic governance One of the core topics of research on globalization has been the possibilities for governing the world markets.
With regard to its position within political science, globalization research is situated “right in the middle”, for example in the rationalism–constructivism debate, in examining the changing role of the state, in investigating the power of institutions, in the opening of the “black box” of the state by analysing endogenous causes for foreign economic policy positions of governments and, last but not least, in conceptualizing and analysing changes in the form and distribution of power on the national, international and transnational levels.