Globalisation and Democracy

Edited by Jonathan Michie, Professor of Innovation and Knowledge Exchange, President of Kellogg College and Director of the Department for Continuing Education, University of Oxford, UK; Visiting Professor, European University Institute, Florence, Italy; Honorary Professor, University of the Witwatersrand, South Africa; Senior Fellow, Rutgers, US

‘This collection provides both scholarly and lay readers an opportunity to analyze how globalization has impacted the world we live in today.’

• Contents:AcknowledgementsResearch ReviewJonathan MichiePART IWHERE ARE WE AND HOW DID WE GET HERE? 1. Ha-Joon Chang (2011), ‘Kicking Away The Ladder – Globalisation and Economic Development in Historical Perspective’, in Jonathan Michie (ed.), Handbook of Globalisation, Chapter 24, Cheltenham, UK and Northampton, MA, USA: Edward Elgar Publishing, 465–742. Joel Bakan (2015), ‘The Invisible Hand of Law: Private Regulation and the Rule of Law’, Cornell International Law Journal, 48 (2), Spring, 279–3003. François Bourguignon and Christian Morrisson (2002), ‘Inequality Among World Citizens: 1820–1992’, American Economic Review, 92 (4), September, 727–444. Richard E. Baldwin and Philippe Martin (1999), ‘Two Waves of Globalisation: Superficial Similarities, Fundamental Differences’, National Bureau of Economic Research Working Paper Series, W6904, 1–335. Bob Sutcliffe and Andrew Glyn (2011), ‘Measures of Globalisation and their Misinterpretation’ in Jonathan Michie (ed.), Handbook of Globalisation, Chapter 4, Cheltenham, UK and Northampton, MA, USA: Edward Elgar Publishing, 87–103PART IIGLOBALISATION, GROWTH AND EMPLOYMENT 6. John H. Dunning (1973), ‘The Determinants of International Production’, Oxford Economic Papers, 25 (3), November, 289–3367. Luis A. Rivera–Batiz and Paul M. Romer (1991), ‘Economic Integration and Endogenous Growth’, Quarterly Journal of Economics , 106 (2), May, 531–558. Dani Rodrik (1997), ‘Has Globalization Gone Too Far?’, California Management Review, 39 (3), Spring, 29–539. Jeffrey Henderson, Peter Dicken, Martin Hess, Neil Coe and Henry Wai–Chung Yeung (2002), ‘Global Production Networks and the Analysis of Economic Development’, Review of International Political Economy, 9 (3), August, 436–6410. Axel Dreher (2006), ‘Does Globalization Affect Growth? Evidence from a New Index of Globalization’, Applied Economics, 38 (10), 1091–11011. Jonathan Michie, Christine Oughton and Antonello Zanfei (2002), ‘Globalization, Growth and Employment’, Journal of Interdisciplinary Economics, 13 (1–3), January, 1–1112. Jonathan Michie, Christine Oughton and Matias Ramirez (2002), ‘Globalisation and Economic Performance’, Journal of Interdisciplinary Economics, 13 (1–3), January, 165–83PART IIITRANSNATIONAL CORPORATIONS 13. Gerald Epstein (2011), ‘The Role and Control of Multinational Corporations in the World Economy’, in Jonathan Michie (ed.), Handbook of Globalisation, Chapter 9, Cheltenham, UK and Northampton, MA, USA: Edward Elgar Publishing, 185–99 14. Elissa Braunstein (2011), ‘Foreign Direct Investment and Development from a Gender Perspective’, in Jonathan Michie (ed.), Handbook of Globalisation, Chapter 10, Cheltenham, UK and Northampton, MA, USA: Edward Elgar Publishing, 200–11PART IVINTERNATIONAL TRADE 15. Raymond Vernon (1966), ‘International Investment and International Trade in the Product Cycle’, Quarterly Journal of Economics, 80 (2), May, 190–207 16. Paul R. Krugman (1979), ‘Increasing Returns, Monopolistic Competition and International Trade’, Journal of International Economics, 9 (4), November, 469–7917. John Gerard Ruggie (1982), ‘International Regimes, Transactions, and Change: Embedded Liberalism in the Postwar Economic Order’, International Organization, 36 (2), Spring, 379–41518. Michael Kitson and Jonathan Michie (1995), ‘Conflict, Cooperation and Change: The Political Economy of Trade and Trade Policy’, Review of International Political Economy, 2 (4), Autumn, 632–5719. Jeffrey A. Frankel and David Romer (1999), ‘Does Trade Cause Growth?’, American Economic Review, 89 (3), June, 379–99PART VGLOBALISATION AND TECHNOLOGY 20. Pari Patel and Keith Pavitt (1991), ‘Large Firms in the Production of the World’s Technology: An Important Case of “Non-Globalisation”’, Journal of International Business Studies, 22 (1), March, 1–2121. Michael Storper (1992), ‘The Limits to Globalization: Technology Districts and International Trade’, Economic Geography, 68 (1), January, 60–9322. Daniele Archibugi and Jonathan Michie (1995), ‘The Globalisation of Technology: A New Taxonomy’, Cambridge Journal of Economics, Special Issue: Technology and Innovation, 19 (1), February, 121–4023. Pari Patel (1995), ‘Localised Production of Technology for Global Markets’, Cambridge Journal of Economics, Special Issue: Technology and Innovation, 19 (1), February, 141–5324. John Cantwell (1995), ‘The Globalisation of Technology: What Remains of the Product Cycle Model?’, Cambridge Journal of Economics, Special Issue: Technology and Innovation, 19 (1), February, 155–7425. Daniele Archibugi and Jonathan Michie (1997), ‘Technological Globalisation or National Systems of Innovation?’, Futures, 29 (2), March, 121–3726. Jeremy Howells and Jonathan Michie (1998), ‘Technological Competitiveness in an International Arena’, International Journal of the Economics of Business, 5 (3), November, 279–9327. Simona Iammarino and Jonathan Michie (1998), ‘The Scope of Technological Globalisation’, International Journal of the Economics of Business, 5 (3), November, 335–5328. Pari Patel and Modesto Vega (1999), ‘Patterns of Internationalisation of Corporate Technology: Location vs. Home Country Advantages’, Research Policy, 28 (2–3), March, 145–5529. Daniel Archibugi, Jeremy Howells and Jonathan Michie (1999), ‘Innovation Systems in a Global Economy’, Technology Analysis and Strategic Management, 11 (4), 527–39Volume IIContents:AcknowledgementsPART IGLOBALISATION AND DEVELOPMENT 1. Paul Krugman and Anthony J. Venables (1995), ‘Globalization and the Inequality of Nations’, Quarterly Journal of Economics, CX (4), November, 857–802. Rajneesh Narula and John H. Dunning (2000), ‘Industrial Development, Globalization and Multinational Enterprises: New Realities for Developing Countries’, Oxford Development Studies, 28 (2), 141–673. Guillermo A. Calvo and Enrique G. Mendoza (2000), ‘Rational Contagion and the Globalization of Securities Markets’, Journal of International Economics, 51 (1), June, 79–1134. Raphael Kaplinsky (2000), ‘Globalisation and Unequalisation: What Can Be Learned from Value Chain Analysis?’, Journal of Development Studies, 37 (2), 117–465. Jonathan Michie (2002), ‘Foreign Direct Investment and Human Capital Enhancement in Developing Countries’, Competition and Change, 6 (4), December, 363–726. Allen J. Scott and Michael Storper (2003), ‘Regions, Globalization, Development’, Regional Studies, 37 (6–7), August/October, 579–937. David Dollar and Aart Kraay (2004), ‘Trade, Growth, and Poverty’, Economic Journal, 114 (493), February, F22–F498. Robert Hunter Wade (2004), ‘The Causes of Increasing World Poverty and Inequality: Why the Matthew Effect Prevails’, New Political Economy, 9 (2), June, 163–889. Helen V. Milner and Keiko Kubota (2005), ‘Why the Move to Free Trade? Democracy and Trade Policy in the Developing Countries’, International Organization, 59 (1), Winter, 107–4310. Nita Rudra (2005), ‘Globalization and the Strengthening of Democracy in the Developing World’, American Journal of Political Science, 49 (4), October, 704–3011. Eddy Lee and Marco Vivarelli (2006), ‘The Social Impact of Globalization in the Developing Countries’, International Labour Review, 145 (3), September, 167–8412. Pinelopi Koujianou Goldberg and Nina Pavcnik (2007), ‘Distributional Effects of Globalization in Developing Countries’, Journal of Economic Literature, XLV (1), March, 39–8213. Margaret McMillan, Dani Rodrik and Íñigo Verduzco-Gallo (2014), ‘Globalization, Structural Change and Productivity Growth, with an Update on Africa’, World Development, 63, November, 11–32 PART IIGLOBALISATION AND LABOUR STANDARDS 14. Ajit Singh and Ann Zammitt (2011), ‘Globalisation, Labour Standards and Economic Development’, in Jonathan Michie (ed.), Handbook of Globalisation, Chapter 12, Cheltenham, UK and Northampton, MA, USA: Edward Elgar Publishing Ltd, 230–5615. Phillip Brown and Hugh Lauder (1996), ‘Education, Globalization and Economic Development’, Journal of Education Policy, 11 (1), 1–2516. Eddy Lee (1997), ‘Globalization and Labour Standards: A Review of Issues’, International Labour Review, 136 (2), Summer, 173–8917. Adrian Wood (1998), ‘Globalisation and the Rise in Labour Market Inequalities’, Economic Journal, 108 (450), September, 1463–82PART IIINATIONAL CASE STUDIES 18. Robert R. Kaufman and Alex Segura–Ubiergo (2001), ‘Globalization, Domestic Politics, and Social Spending in Latin America: A Time-Series Cross-Section Analysis, 1973–97’, World Politics, 53 (4), July, 553–8719. Richard Florida (1997), ‘The Globalization of R&D: Results of a Survey of Foreign–Affiliated R&D Laboratories in the USA’, Research Policy, 26 (1), March, 85–10320. Jonathan Michie and Vishnu Padayachee (1998), ‘Three Years after Apartheid: Growth, Employment and Redistribution?’, Cambridge Journal of Economics, 22 (5), September, 623–3521. Gordon Redding and Antony Drew (2016), ‘Dealing with the Complexity of Causes of Societal Innovativeness: Social Enabling and Disabling Mechanisms and the Case of China’, Journal of Interdisciplinary Economics, 28 (2), 107–3622. Bob Deacon (2000), ‘Eastern European Welfare States: The Impact of the Politics of Globalization’, Journal of European Social Policy, 10 (2), May, 146–61PART IVINDUSTRY CASE STUDIES AND CORPORATE DIVERSITY 23. John Cantwell and Rajneesh Narula (2001), ‘The Eclectic Paradigm in the Global Economy’, International Journal of the Economics of Business, 8 (2), 155–7224. Walter Kuemmerle (1999), ‘Foreign Direct Investment in Industrial Research in the Pharmaceutical and Electronics Industries – Results from a Survey of Multinational Firms’, Research Policy, 28 (2–3), March, 179–9325. David Bailey, Alex de Ruyter, Jonathan Michie and Peter Tyler (2010), ‘Global Restructuring and the Auto Industry’, Cambridge Journal of Regions, Economy and Society: Global Restructuring and The Auto Industry, 3 (3), November, 311–826. Rhys Jenkins (2005), ‘Globalization, Corporate Social Responsibility and Poverty’, International Affairs, 81 (3), May, 525–4027. Chris Rowley and Jonathan Michie (2014), ‘Differing Forms of Capital: Setting the Scene for Mutuality and Co-operation in the Asia Pacific Region’, Asia Pacific Business Review, 20 (3), 322–928 Jonathan Michie and Chris Rowley (2014), ‘Mutuality in the Asia Pacific Region’, Asia Pacific Business Review, 20 (3), 506–11PART VGLOBALISATION AND THE ENVIRONMENT 29. Karen L. O’Brien and Robin M. Leichenko (2000), ‘Double Exposure: Assessing the Impacts of Climate Change Within the Context of Economic Globalization’, Global Environmental Change, 10 (3), October, 221–3230. Clem Tisdell (2001), ‘Globalization and Sustainability: Environmental Kuznets Curve and the WTO’, Ecological Economics, 39 (2), November, 185–9631. Petra Christmann and Glen Taylor (2001), ‘Globalization and the Environment: Determinants of Firm Self–Regulation in China’, Journal of International Business Studies, 32 (3), September, 439–5832. Gene M. Grossman and Alan B. Krueger (1991), ‘Environmental Impacts of a North American Free Trade Agreement’, National Bureau of Economic Research Working Paper Series, W3914, 1–5533. Timothy J. Foxon, Jonathan Köhler, Jonathan Michie and Christine Oughton (2013), ‘Towards a New Complexity Economics for Sustainability’, Cambridge Journal of Economics, 37 (1), January, 187–208Volume IIIContentsAcknowledgementsPART IGLOBALISATION AND WELFARE 1. Duane Swank (1998), ‘Funding the Welfare State: Globalization and the Taxation of Business in Advanced Market Economies’, Political Studies, XLVI (4), September, 671–922. Elmar Rieger and Stephan Leibfried (1998), ‘Welfare State Limits to Globalization’, Politics and Society, 26 (3), September, 363–903. Torben Iversen and Thomas R. Cusack (2000), ‘The Causes of Welfare State Expansion: Deindustrialization or Globalization?’, World Politics, 52 (3), April, 313–494. Nita Rudra (2002), ‘Globalization and the Decline of the Welfare State in Less-Developed Countries’, International Organization, 56 (2), Spring, 411–455. Walter Korpi and Joakim Palme (2003), ‘New Politics and Class Politics in the Context of Austerity and Globalization: Welfare State Regress in 18 Countries, 1975–95’, American Political Science Review, 97 (3), August, 425–466. David Brady, Jason Beckfield and Martin Seeleib-Kaiser (2005), ‘Economic Globalization and the Welfare State in Affluent Democracies, 1975–2001’, American Sociological Review, 70 (6), December, 921–487. Reuven S. Avi-Yonah (2000), ‘Globalization, Tax Competition and the Fiscal Crisis of the Welfare State’, Harvard Law Review, 113 (7), May, 1573–676PART IIGLOBALISATION AND CULTURE 8. Jan Nederveen Pieterse (1994), ‘Globalisation as Hybridisation’, International Sociology, 9 (2), June, 161–849. Ronald Inglehart (2000), ‘Globalization and Postmodern Values’, Washington Quarterly, 23 (1), Winter, 215–2810. David Harvey (2009), ‘The Art of Rent: Globalisation, Monopoly and the Commodification of Culture’, Socialist Register, 38, 93–110PART IIIGLOBALISATION, DEMOCRACY AND GOVERNANCE 11. Paul Hirst and Grahame Thompson (1992), ‘The Problem of ‘Globalization’: International Economic Relations, National Economic Management and the Formation of Trading Blocs’, Economy and Society, 21 (4), November, 357–9612. Paul Hirst and Grahame Thompson (1994), ‘Globalization, Foreign Direct Investment and International Economic Governance’, Organization, 1 (2), October, 277–30313. Dani Rodrik (1998), ‘Why do More Open Economies Have Bigger Governments?’, Journal of Political Economy, 106 (5), October, 997–103214. Peter Evans (1997), ‘The Eclipse of the State? Reflections on Stateness in an Era of Globalization’, World Politics, 50 (1), October, 62–8715. Geoffrey Garrett (1996), ‘Global Markets and National Politics: Collision Course of Virtuous Circle?’, International Organization, 52 (4), Autumn, 787–82416. Neil Brenner (1999), ‘Globalisation as Reterritorialisation: The Re-Scaling of Urban Governance in the European Union’, Urban Studies, 36 (3), March, 431–5117. Donald F. Kettl (2000), ‘The Transformation of Governance: Globalization, Devolution and the Role of Government’, Public Administration Review, 60 (6), November/December, 488–9718. Sidney Tarrow (2001), ‘Transnational Politics: Contention and Institutions in International Politics’, Annual Review of Political Science, 4 (1), June, 1–2019. Quan Li and Rafael Reuveny (2003), ‘Economic Globalization and Democracy: An Empirical Analysis’, British Journal of Political Science, 33 (1), January, 29–54 and 54a–54c 20. Beth A. Simmons and Zachary Elkins (2004), ‘The Globalization of Liberalization: Policy Diffusion in the International Political Economy’, American Political Science Review, 98 (1), February, 171–8921. Erik Swyngedouw (2004), ‘Globalisation or ‘Glocalisation’? Networks, Territories and Rescaling’, Cambridge Review of International Affairs, 17 (1), April, 25–4822. Francesco Giavazzi and Guido Tabellini (2005), ‘Economic and Political Liberalizations’, Journal of Monetary Economics, 52 (7), 1297–33023. J. Ernesto López–Córdova and Christopher M. Meissner (2008), ‘The Impact of International Trade on Democracy: A Long-Run Perspective’, World Politics, 60 (4), July, 539–75PART IVTHE EUROPEAN UNION AND NAFTA 24. Philip Arestis and Malcolm Sawyer (2011), ‘European Integration and the ‘Euro Project’, in Jonathan Michie (ed.), Handbook of Globalisation, Chapter 15, Cheltenham, UK and Northampton, MA, USA; Edward Elgar Publishing Ltd, 313–2325. Jim Stanford (2011), ‘The North American Free Trade Agreement: Context, Structure and Performance’, in Jonathan Michie (ed.), Handbook of Globalisation, Chapter 16, Cheltenham, UK and Northampton, MA, USA; Edward Elgar Publishing Ltd, 324–55PART VTHE FUTURE OF GLOBALISATION AND DEMOCRACY 26. Colin Hines (2011), ‘Time to Replace Globalisation with Localisation’, in Jonathan Michie (ed.), Handbook of Globalisation, Chapter 25, Cheltenham, UK and Northampton, MA, USA: Edward Elgar Publishing Ltd, 475–82 27. George DeMartino (2011), ‘Free Trade or Social Tariffs?’, in Jonathan Michie (ed.), Handbook of Globalisation, Chapter 26, Cheltenham, UK and Northampton, MA, USA: Edward Elgar Publishing Ltd, 483–94 28. Photis Lysandrou (2011), ‘Global Inequality and the Global Financial Crisis: The New Transmission Mechanism’, in Jonathan Michie (ed.), Handbook of Globalisation, Chapter 27, Cheltenham, UK and Northampton, MA, USA: Edward Elgar Publishing Ltd, 495–51729. Geoffrey M. Hodgson (2011), ‘The Great Crash of 2008 and the Reform of Economics’, in Jonathan Michie (ed.), Handbook of Globalisation, Chapter 28, Cheltenham, UK and Northampton, USA: Edward Elgar Publishing Ltd, 518–37Index