Theoretical review of globalization thesis: Capital mobility and the state
AbstractThe purpose of this paper is to analyze the present understanding of the political economy of globalization, in particular the globalization of capital. In the contemporary age, the regulatory capacity of the state seems to stand in a different relation to the transnational capital because its space is not bound by conventional jurisdictions. This paper closely examines how the transnational capital influences the politics of the state. It takes the increasing capital mobility as one of the key features of globalization, and explores the impact of capital mobility on politics in relation to the convergence and divergence debates among scholars. It deals in detail with the impacts of globalization on monetary autonomy of the state, on financial market governance, and on labor market governance, and discusses how capital mobility influences the politics of the state, enforcing the power configuration among the state, capital, and labor.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Global Economic Review.
Volume (Year): 32 (2003)
Issue (Month): 4 ()
Contact details of provider:
Web page: http://www.tandfonline.com/RGER20
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty).
If references are entirely missing, you can add them using this form.