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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
There could hardly be a more appropriate time in world history to be revisiting the issues of globalisation and democracy. After almost two centuries of what might be regarded as globalisation in the current usage of the term, it has fallen into disrepute. Voters have used the ballot box to reject both the concept of globalisation and the mainstream parties that promoted it. The UK voted to leave the EU, in the 2016 ‘Brexit’ referendum, and the US elected Donald Trump as President. This collection brings together the key writings on globalisation and democracy exploring the progression of globalisation as well as themes such as employment, international trade, technology and the environment amongst other important issues. This collection provides both scholarly and lay readers an opportunity to analyse how globalisation has impacted the world we live in today.
Three volume set
Extent: c 2,240 pp
Hardback Price: $1220.00 Web: $1098.00
Publication Date: December 2017
ISBN: 978 1 78347 421 9
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  • Business and Management
  • International Business
  • Politics and Public Policy
  • International Politics
There could hardly be a more appropriate time in world history to be revisiting the issues of globalisation and democracy. After almost two centuries of what might be regarded as globalisation in the current usage of the term, it has fallen into disrepute. Voters have used the ballot box to reject both the concept of globalisation and the mainstream parties that promoted it. The UK voted to leave the EU, in the 2016 ‘Brexit’ referendum, and the US elected Donald Trump as President. This collection brings together the key writings on globalisation and democracy exploring the progression of globalisation as well as themes such as employment, international trade, technology and the environment amongst other important issues. This collection provides both scholarly and lay readers an opportunity to analyse how globalisation has impacted the world we live in today.
91 articles, dating from 1966 to 2016
Contributors include: P.J. Buckley, J. Cantwell, H.-J. Chang, J.H, Dunning, P. Krugman, K. Pavitt, D. Rodrik, P.M. Romer, M. Storper, A.J. Venables
Contents:

Acknowledgements

Research Review Jonathan Michie

PART I WHERE 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, 465–74

2. Joel Bakan (2015), ‘The Invisible Hand of Law: Private Regulation and the Rule of Law’, Cornell International Law Journal, 48 (2), Spring, 279–300

3. François Bourguignon and Christian Morrisson (2002), ‘Inequality Among World Citizens: 1820–1992’, American Economic Review, 92 (4), September, 727–44

4. Richard E. Baldwin and Philippe Martin (1999), ‘Two Waves of Globalisation: Superficial Similarities, Fundamental Differences’, National Bureau of Economic Research Working Paper Series, W6904, 1–33

5. 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, 87–103

PART II GLOBALISATION, GROWTH AND EMPLOYMENT
6. John H. Dunning (1973), ‘The Determinants of International Production’, Oxford Economic Papers, 25 (3), November, 289–336

7. Luis A. Rivera–Batiz and Paul M. Romer (1991), ‘Economic Integration and Endogenous Growth’, Quarterly Journal of Economics , 106 (2), May, 531–55

8. Dani Rodrik (1997), ‘Has Globalization Gone Too Far?’, California Management Review, 39 (3), Spring, 29–53

9. 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, 436–64

10. Axel Dreher (2006), ‘Does Globalization Affect Growth? Evidence from a New Index of Globalization’, Applied Economics, 38 (10), 1091–110

11. Jonathan Michie, Christine Oughton and Antonello Zanfei (2002), ‘Globalization, Growth and Employment’, Journal of Interdisciplinary Economics, 13 (1–3), January, 1–11

12. Jonathan Michie, Christine Oughton and Matias Ramirez (2002), ‘Globalisation and Economic Performance’, Journal of Interdisciplinary Economics, 13 (1–3), January, 165–83

PART III TRANSNATIONAL 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, 200–11

PART IV INTERNATIONAL 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, 469–79

17. John Gerard Ruggie (1982), ‘International Regimes, Transactions, and Change: Embedded Liberalism in the Postwar Economic Order’, International Organization, 36 (2), Spring, 379–415

18. 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, 632–57

19. Jeffrey A. Frankel and David Romer (1999), ‘Does Trade Cause Growth?’, American Economic Review, 89 (3), June, 379–99

PART V GLOBALISATION 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, 1–21

21. Michael Storper (1992), ‘The Limits to Globalization: Technology Districts and International Trade’, Economic Geography, 68 (1), January, 60–93

22. 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, 121–40

23. Pari Patel (1995), ‘Localised Production of Technology for Global Markets’, Cambridge Journal of Economics, Special Issue: Technology and Innovation, 19 (1), February, 141–53

24. 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, 155–74

25. Daniele Archibugi and Jonathan Michie (1997), ‘Technological Globalisation or National Systems of Innovation?’, Futures, 29 (2), March, 121–37

26. Jeremy Howells and Jonathan Michie (1998), ‘Technological Competitiveness in an International Arena’, International Journal of the Economics of Business, 5 (3), November, 279–93

27. Simona Iammarino and Jonathan Michie (1998), ‘The Scope of Technological Globalisation’, International Journal of the Economics of Business, 5 (3), November, 335–53

28. Pari Patel and Modesto Vega (1999), ‘Patterns of Internationalisation of Corporate Technology: Location vs. Home Country Advantages’, Research Policy, 28 (2–3), March, 145–55

29. Daniel Archibugi, Jeremy Howells and Jonathan Michie (1999), ‘Innovation Systems in a Global Economy’, Technology Analysis and Strategic Management, 11 (4), 527–39



Volume II

Contents:

Acknowledgements

PART I GLOBALISATION AND DEVELOPMENT
1. Paul Krugman and Anthony J. Venables (1995), ‘Globalization and the Inequality of Nations’, Quarterly Journal of Economics, CX (4), November, 857–80

2. Rajneesh Narula and John H. Dunning (2000), ‘Industrial Development, Globalization and Multinational Enterprises: New Realities for Developing Countries’, Oxford Development Studies, 28 (2), 141–67

3. Guillermo A. Calvo and Enrique G. Mendoza (2000), ‘Rational Contagion and the Globalization of Securities Markets’, Journal of International Economics, 51 (1), June, 79–113

4. Raphael Kaplinsky (2000), ‘Globalisation and Unequalisation: What Can Be Learned from Value Chain Analysis?’, Journal of Development Studies, 37 (2), 117–46

5. Jonathan Michie (2002), ‘Foreign Direct Investment and Human Capital Enhancement in Developing Countries’, Competition and Change, 6 (4), December, 363–72

6. Allen J. Scott and Michael Storper (2003), ‘Regions, Globalization, Development’, Regional Studies, 37 (6–7), August/October, 579–93

7. David Dollar and Aart Kraay (2004), ‘Trade, Growth, and Poverty’, Economic Journal, 114 (493), February, F22–F49

8. Robert Hunter Wade (2004), ‘The Causes of Increasing World Poverty and Inequality: Why the Matthew Effect Prevails’, New Political Economy, 9 (2), June, 163–88

9. 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, 107–43

10. Nita Rudra (2005), ‘Globalization and the Strengthening of Democracy in the Developing World’, American Journal of Political Science, 49 (4), October, 704–30

11. Eddy Lee and Marco Vivarelli (2006), ‘The Social Impact of Globalization in the Developing Countries’, International Labour Review, 145 (3), September, 167–84

12. Pinelopi Koujianou Goldberg and Nina Pavcnik (2007), ‘Distributional Effects of Globalization in Developing Countries’, Journal of Economic Literature, XLV (1), March, 39–82

13. 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 II GLOBALISATION 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, 230–56

15. Phillip Brown and Hugh Lauder (1996), ‘Education, Globalization and Economic Development’, Journal of Education Policy, 11 (1), 1–25

16. Eddy Lee (1997), ‘Globalization and Labour Standards: A Review of Issues’, International Labour Review, 136 (2), Summer, 173–89

17. Adrian Wood (1998), ‘Globalisation and the Rise in Labour Market Inequalities’, Economic Journal, 108 (450), September, 1463–82

PART III NATIONAL 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, 553–87

19. 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, 85–103

20. Jonathan Michie and Vishnu Padayachee (1998), ‘Three Years after Apartheid: Growth, Employment and Redistribution?’, Cambridge Journal of Economics, 22 (5), September, 623–35

21. 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), 107–36

22. Bob Deacon (2000), ‘Eastern European Welfare States: The Impact of the Politics of Globalization’, Journal of European Social Policy, 10 (2), May, 146–61

PART IV INDUSTRY 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), 155–72

24. 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, 179–93

25. 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, 311–8

26. Rhys Jenkins (2005), ‘Globalization, Corporate Social Responsibility and Poverty’, International Affairs, 81 (3), May, 525–40

27. 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), 322–9

28 Jonathan Michie and Chris Rowley (2014), ‘Mutuality in the Asia Pacific Region’, Asia Pacific Business Review, 20 (3), 506–11

PART V GLOBALISATION 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, 221–32

30. Clem Tisdell (2001), ‘Globalization and Sustainability: Environmental Kuznets Curve and the WTO’, Ecological Economics, 39 (2), November, 185–96

31. 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, 439–58

32. 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, 1–55

33. 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, 187–208



Volume III

Contents

Acknowledgements

PART I GLOBALISATION 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, 671–92

2. Elmar Rieger and Stephan Leibfried (1998), ‘Welfare State Limits to Globalization’, Politics and Society, 26 (3), September, 363–90

3. Torben Iversen and Thomas R. Cusack (2000), ‘The Causes of Welfare State Expansion: Deindustrialization or Globalization?’, World Politics, 52 (3), April, 313–49

4. Nita Rudra (2002), ‘Globalization and the Decline of the Welfare State in Less-Developed Countries’, International Organization, 56 (2), Spring, 411–45

5. 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, 425–46

6. 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, 921–48

7. Reuven S. Avi-Yonah (2000), ‘Globalization, Tax Competition and the Fiscal Crisis of the Welfare State’, Harvard Law Review, 113 (7), May, 1573–676

PART II GLOBALISATION AND CULTURE
8. Jan Nederveen Pieterse (1994), ‘Globalisation as Hybridisation’, International Sociology, 9 (2), June, 161–84

9. Ronald Inglehart (2000), ‘Globalization and Postmodern Values’, Washington Quarterly, 23 (1), Winter, 215–28

10. David Harvey (2009), ‘The Art of Rent: Globalisation, Monopoly and the Commodification of Culture’, Socialist Register, 38, 93–110

PART III GLOBALISATION, 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, 357–96

12. Paul Hirst and Grahame Thompson (1994), ‘Globalization, Foreign Direct Investment and International Economic Governance’, Organization, 1 (2), October, 277–303

13. Dani Rodrik (1998), ‘Why do More Open Economies Have Bigger Governments?’, Journal of Political Economy, 106 (5), October, 997–1032

14. Peter Evans (1997), ‘The Eclipse of the State? Reflections on Stateness in an Era of Globalization’, World Politics, 50 (1), October, 62–87

15. Geoffrey Garrett (1996), ‘Global Markets and National Politics: Collision Course of Virtuous Circle?’, International Organization, 52 (4), Autumn, 787–824

16. Neil Brenner (1999), ‘Globalisation as Reterritorialisation: The Re-Scaling of Urban Governance in the European Union’, Urban Studies, 36 (3), March, 431–51

17. Donald F. Kettl (2000), ‘The Transformation of Governance: Globalization, Devolution and the Role of Government’, Public Administration Review, 60 (6), November/December, 488–97

18. Sidney Tarrow (2001), ‘Transnational Politics: Contention and Institutions in International Politics’, Annual Review of Political Science, 4 (1), June, 1–20

19. 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, 171–89

21. Erik Swyngedouw (2004), ‘Globalisation or ‘Glocalisation’? Networks, Territories and Rescaling’, Cambridge Review of International Affairs, 17 (1), April, 25–48

22. Francesco Giavazzi and Guido Tabellini (2005), ‘Economic and Political Liberalizations’, Journal of Monetary Economics, 52 (7), 1297–330

23. 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, 539–75

PART IV THE 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, 313–23

25. 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, 324–55

PART V THE 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, 495–517

29. 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, 518–37

Index