Industrial Crisis and the Open Economy

GEOFFREY R.D. UNDERHILL is Professor of International Governance at the University of Amsterdam, The Netherlands. He obtained his BA (Honours) First Class from Queen's University at Kingston, and did his doctoral degree at St Antony's College, Oxford. He has published widely on the political economy of international trade and on the globalisation of financial services market. His publications include: Political Economy and the Changing Global Order edited with Richard Stubbs, (1994); The Single Market and Global Economic Integration, a special issue of Journal of European Public Policy volume 2, no. 3, 1995, and Regionalism and Global Economic Integration: Europe, Asia and the Americas (1998), both edited with William D. Coleman and The New World Order in International Finance (1997).

'This is a book which speaks clearly to a number of audiences, from students of international/comparative political economy and policy studies to economists and international legal scholars to policy-makers. It takes a fresh look at the dynamics of global production and international trade, with implications well beyond the textile and clothing sectors themselves. A particular innovation is the way in which the study systematically links the politics of domestic industrial restructuring to the emerging international trade regime, with genuine insight into the workings of global markets and their relationship to political institutions at national, regional, and international levels. In this sense the book understands globalisation as a symbiotic relationship between changing structures of world industries and the bargains of the international trade regime.' - Jeremy Richardson, Professor of European Public Policy, University of Essex

• List of Tables Preface and Acknowledgements List of Abbreviations Introduction The Material Underpinnings: Economic Structure and Industrial Crisis 1974-1984 Global Competition, Domestic Industrial Crisis, and the Strategies of Firms State, Market Governance, and Particularistic Interests: the Political Economy of Capture Capturing the Global Trade Regime Dismantling Protectionism: the Political Economy of Liberalisation in the Uruguay Round State and Market in Global Textile Trade Appendix Index