States Against Markets: The Limits of Globalization

Countries are looking for ways to compete and increase their share of exports; this has led to the lowering of national borders and greater co-dependence. To many, this climate of globalization signals the end of the nation-state as an effective manager of national economic policy. In States Against Markets the contributors challenge this perceived threat to the nation-state. They examine the fundamental issues of competitiveness and market power. Some topics covered include a discussion of whether or not globalization is really a novel development, an assessment of the success of globalization as a means of convergence and uniformity across nations, an update on the Hayek vs. Keynes debate, an analysis of how all parties involved can maximize the benefits of globalization and an appraisal of the nation-state.