Chapter

The Globalization Thesis on the State

Baldev Raj Nayar

in The Myth of the Shrinking State

Published in print April 2009 | ISBN: 9780195699395
Published online October 2012 | e-ISBN: 9780199080526 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780195699395.003.0001
The Globalization Thesis on the State

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Drawing upon the work of the critics of globalization, this chapter sets out several major hypotheses on the consequences of globalization, and singles out one for investigation relating to the impact on the state. Briefly put, the selected hypothesis posits the dismantlement, retrenchment, or erosion of the economic and welfare roles of the state that existed prior to globalization and liberalization. However, such an outcome cannot be taken to be true on assertion alone. It needs to be tested empirically against the available quantitative and qualitative data.

Keywords: globalization; economic liberalization; economic policy; economic role; welfare role; social institutions; markets; state

Chapter.  7132 words. 

Subjects: Political Economy

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