Globalization And The Changing Role Of The State

Contributed seminar papers presented at national seminar, held on 4th-6th Dec., 2007, Dept. of Political Science, Jamia Millia Islamia.

Ha-Joon Chang evaluates the role of the state in economics and development. In this collection of essays, he reviews theories and practices of state intervention as they have developed over two centuries of modern capitalism. He develops an institutionalist approach to the role of the state in economic change, and examines the issues involved in particular settings including industrial policy, trade policy, intellectual property rights, regulation, and strategies towards transnational corporations. He mounts a sophisticated theoretical and historical case for the continuing essential and constructive roles which the state can and must play in economic development.

Altered States: Globalisation, Sovereignty, and Governance

This book provides a political economy perspective on recent changes within Canadian public administrative practice and structure, revealing the theoretical and practical underpinnings of neoliberal public administration. The role of globalization, state fiscal crisis, economic restructuring, and the ideological shift to the political right are viewed as central explanatory factors in public administrative and public policy change.

Ha-Joon Chang evaluates the role of the state in economics and development. In this collection of essays, he reviews theories and practices of state intervention as they have developed over two centuries of modern capitalism. He develops an institutionalist approach to the role of the state in economic change, and examines the issues involved in particular settings including industrial policy, trade policy, intellectual property rights, regulation, and strategies towards transnational corporations. He mounts a sophisticated theoretical and historical case for the continuing essential and constructive roles which the state can and must play in economic development.

General Introduction. Part I. Globalization and State Power: Competing Paradigms. Part Introduction. 1. Thomas L. Friedman, "The New System," The Lexus and the Olive Tree. 2. Samuel P. Huntington, "The New Era in World Politics", The Clash of Civilizations and the Remaking of the World Order. 3. Joseph P. Stiglitz, "Broken Promises," Globalization and Its Discontents. 4. John J. Mearsheimer, "Anarchy and the Struggle for Power," The Tragedy of Great Power Politics. 5. Saskia Sassen, "Global Cities and Survival Circuits," Barbara Ehrenreich and Arlie Russsell Hochschild, eds. Global Woman. Part II. From Autonomy to Multi-level Governance. Part Introduction. 6. Stephen D. Krasner, "Sovereignty and Its Discontents," Sovereignty: Organized Hypocrisy. 7. David Held, "Political Globalization, Global Covenant. 8. Paul Carmichael, "Briefing Paper: Multi-level Governance." Part III. State Power in the Era of Globalization: Case Studies. Part Introduction. Globalization and the Exercise of American Power. 9. G. John Ikenberry, "Liberal hegemony and the future of the American postwar order," from T.V. Paul and John A. Hall, eds. International Order and the Future of World Politics. 10. Robert Hunter Wade, America's Empire Rules an Unbalanced World. 11. Joseph P. Nye, "Redefining the National Interest," The Paradox of American Power. 12. Ivo H. Daalder and James M. Lindsay, America Unbound: The Bush Reveoplution in Foreign Policy. Globalization and European Integration. 13. George Ross, "European Integration and Globalization". 14. David P. Calleo, "Europe in the New World Order". 15. Kalypso Nicolaïdis, "We, the Peoples of Europe ...," Foreign Affairs. East Asia: the Paradox of State Power. 16. T.J. Pempel, "Introduction," T.J. Pempel, ed. The Politics of the Asian Economic Crisis. 17. Linda Weiss, "State Power and the Asian Crisis," New Political Economy. 18. Claude Smadja, "The End of Complacency," Foreign Policy. Part IV. Post-9/11: Terror, War and Empire. Part Introduction. Globalization, Terror and the Use of Force. 19. Audrey Kurth Cronin, "Behind the Curve: Globalization and International Terrorism," International Security. 20. The National Security Strategy of the United States of America. 21. John Lewis Gaddis, "A Grand Strategy of Transformation," Foreign Policy. 22. Chris Brown, "Self-Defense in an Imperfect World, "Ethics & International Affairs. 23. International Commission on Intervention and State Sovereignty, "The Responsibility to Protect: The Way Forward," The Responsibility To Protect: Report of the International Commission on Intervention and State Sovereignty. Globalization, Empire, and America's Geopolitical Strategy. 24. Niall Ferguson, "The Empire Slinks Back," The New York Times Magazine. 25. Michael Ignatieff, "Why Are We In Iraq? (And Liberia? And Afghanistan?), New York Times Magazine. 26. Zbigniew Brzezinski, "Domination or Leadership," The Choice: Global Domination or Global Leadership.

Arguably, the two most important forces affecting the world economy in the closing decades of the 20th century were globalization and privatization. Here, privatization refers to the retreat of the state from the economic arena, while globalization refers to the worldwide spread of efficient market-based systems and the consequent growth of multinational firms. The twin forces of privatization and globalization have proceeded in parallel, but have nonetheless had significant interactions with one another. (i) the spectacular collapse of the state-run socialist economies; (ii) the transfer of state-run enterprises to market governance in much of Western Europe; and (iii) the more subtle dismantling of state controls and legal monopolies in some sectors in the United States.

This powerful, unsettling book gives us a rare glimpse behind the closed doors of global financial institutions by the winner of the 2001 Nobel Prize in Economics. When it was first published, this national bestseller quickly became a touchstone in the globalization debate. Renowned economist and Nobel Prize winner Joseph E. Stiglitz had a ringside seat for most of the major economic events of the last decade, including stints as chairman of the Council of Economic Advisers and chief economist at the World Bank. Particularly concerned with the plight of the developing nations, he became increasingly disillusioned as he saw the International Monetary Fund and other major institutions put the interests of Wall Street and the financial community ahead of the poorer nations. Those seeking to understand why globalization has engendered the hostility of protesters in Seattle and Genoa will find the reasons here. While this book includes no simple formula on how to make globalization work, Stiglitz provides a reform agenda that will provoke debate for years to come. Rarely do we get such an insider's analysis of the major institutions of globalization as in this penetrating book. With a new foreword for this paperback edition.