Globalization And Democracy

This book offers in-depth legal and political analysis concerning the compatibility of the Westphalian state model with globalization and the digital revolution. It explores the concept of democracy in a globalized world, discusses the legitimacy of economic integration in the global market, and presents three case studies (from Brazil, Taiwan and Spain) on the impact of social media on elections. It further entails novel perspectives on the impact of digitalization on national borders, and the role of citizens and experts in the shaping of globalization. A final chapter addresses the extent to which insights gained from the analysis of the abovementioned aspects will need to be considered in efforts to recover from the current global health and economic crisis.

For a century, economists have driven forward the cause of globalization in financial institutions, labour markets, and trade. Yet there have been consistent warning signs that a global economy and free trade might not always be advantageous. Where are the pressure points? What could be done about them?Dani Rodrik examines the back-story from its seventeenth-century origins through the milestones of the gold standard, the Bretton Woods Agreement, and the Washington Consensus, to the present day. Although economic globalization has enabled unprecedented levels of prosperity in advanced countries and has been a boon to hundreds of millions of poor workers in China and elsewhere in Asia, it is a concept that rests on shaky pillars, he contends. Its long-term sustainability is not a given.The heart of Rodrik>'s argument is a fundamental 'trilemma': that we cannot simultaneously pursue democracy, national self-determination, and economic globalization. Give too much power to governments, and you have protectionism. Give markets too much freedom, and you have an unstable world economy with little social and political support from those it is supposed to help. Rodrik argues for smart globalization, not maximum globalization.

In this book, the author develops a comprehensive analysis of the demands which the process of globalization exerts on the political organisations of humanity. The author starts from a diagnosis of the process of globalisation. The question central to the book can be formulated as follows: "How can the social, moral and legal achievements of the nation-state be retained while its structure is reshaped to satisfy the requirements of a globalised world?"

As democracy is disrupted by globalization, the solution is to globalize democracy. This book explores the causes of the current crisis of democracy and advocates new ways for more representative, effective, and accountable governance in an interdependent world. Part 1 analyzes the split of the middle class and the subsequent political polarization which underlies people’s dissatisfaction with the way democracy works in developed countries. It also addresses the role of political emotions, including disappointments about unmet expectations, anger incited from opposition candidates, fear induced from government, and hope wrapping up new proposals for reform and change. In Part 2, the authors argue that a more effective governance would require reallocations of power at local, national, continental and global levels with innovative combinations of direct democracy, representative government, and rule by experts. This book will be of interest to students and scholars of political science, comparative politics, international relations, political economy and democratic theory, as well as general readers interested in politics and current events.

When Mexico's peso crisis occurred in December 1994, all of Latin America experienced the 'tequila effect'. In January 1998, after seven months of financial turmoil in East Asia, Alan Greenspan, the usually reticent Chairman of the US Federal Reserve Bank, noted that such 'vicious cycles...may, in fact, be a defining characteristic of the new high-tech international financial system'. This book examines the impact of the new, highly liquid portfolio capital flows on governments, opposition, politicians, business and the workforce in such emerging market countries as Mexico, Brazil, Russia, Indonesia, Vietnam, Thailand and Indonesia. Hailed as 'exemplary and innovative', 'fine-grained and accessible' and 'a must read', this collection of original essays in newly available in paperback.

Essays exploring a world dramatically transformed by the collapse of communism—and the prospects for democracy in that realigned reality. The breakup of the Soviet Union’s external empire in Eastern Europe, soon followed by the demise of the USSR itself, destroyed the bipolar structure that had characterized world politics for almost half a century. But while the dramatic collapse of communism left no room for doubt that the era of the Cold War had come to an end, there was very little agreement about the nature of the new international order being born. This book explores the emerging post-Cold War international system and its implications for the future expansion and consolidation of democracy. Bringing together both experts on international relations and scholars of democracy from Europe, North America, and Asia, it examines the link between these two subjects in a way that is rarely done. While a large literature has emerged in recent years on the effects of democracy on international relations (the debate over what is often called the theory of “democratic peace”), the authors of this volume instead examine the other side of this relationship—the impact of the international system on the prospects for democracy. Contributors: Zbigniew Brzezinski, Center for Strategic and International Studies • Robert Cooper, Defence and Overseas Secretariat in the Cabinet Office, London • Jean-Marie Guéhenno, Institut des Hautes Etudes de Défense Nationale, Paris • Samuel P. Huntington, Harvard University • Robert Kagan, Carnegie Endowment for International Peace • Ethan B. Kapstein, University of Minnesota • Kyung Won Kim, Institute of Social Sciences • Jacques Rupnik, Fondation Nationale des Sciences Politiques, Paris • Dimitri Landa, University of Minnesota • Adam Daniel Rotfeld, Stockholm International Peace Research Institute, Stockholm • Philippe C. Schmitter, European University Institute, Florence

This book provides comprehensive coverage of the models of contemporary democracy; its social, cultural, economic and political prerequisites; its empirically existing varieties and its two major challenges - globalization and mediatization. The book also covers the global spread of democracy and its spread into supranational democracies.

This book provides comprehensive coverage of the models of contemporary democracy; its social, cultural, economic and political prerequisites; its empirically existing varieties and its two major challenges - globalization and mediatization. The book also covers the global spread of democracy and its spread into supranational democracies.