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Making sense of globalisation

Dore, Ron (2001) Making sense of globalisation. Centre for Economic Performance occasional papers, CEPOP16 . Centre for Economic Performance, London School of Economics and Political Science, London, UK.

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Abstract

This paper, originally written as an encyclopaedia survey, considers as globalisation all the consequences of the long-term cheapening of, and expansion of the technical possibilities of -transport and communication; a process more or less uninterrupted since the improvements of navigation in the fifteenth century, though recently much accelerated. It considers five main areas of contemporary discussion: 1. How integrated global markets really are. (Not as much as one might think.) 2. How far globalisation erodes the sovereignty of nation-states, reducing their autonomy in making economic policy. (More for some than for others.) 3. The consequences of globalisation for the distribution of income among the world''s population; both among nations (equalising for good learners, not for others) and within nations (generally unequalising). 4. The problematic growth of a transnational ''world society'' (slow, probably unstoppable, but still a long way from creating a ''world class system'') and international governance (hesitant and more likely to be hegemonic than conciliar). 5. The interaction of national economic, political, military and cultural power, and the possibility and desirability of retaining distinctive national institutions, embodying distinctive national value preferences and cultures. (in the end, as much a matter of neo-liberalism vs. social democracy as of the persistence of Germanness or Japaneseness).

Item Type: Monograph (Discussion Paper)
Official URL: http://cep.lse.ac.uk
Additional Information: © 2001 The author
Library of Congress subject classification: H Social Sciences > HB Economic Theory
H Social Sciences > HD Industries. Land use. Labor
Sets: Collections > Economists Online
Research centres and groups > Centre for Economic Performance (CEP)
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Identification Number: CEPOP16
Date Deposited: 22 Jul 2010 14:40
URL: http://eprints.lse.ac.uk/28752/

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