The globalisation of economic activity

Perraton, Jonathan; Goldblatt, David; Held, David; McGrew, Anthony

doi:10.1080/13563469708406300

Cited by 134 publications

(34 citation statements)

References 18 publications

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“…Open regionalists accept the thesis that international capitalism has become globalised, but reject the more extreme versions of the hyperglobalisation thesis (Perraton et al 1997). From this perspective nationstates remain central political actors on the global stage; however open regionalists accept that there has been a progressive hollowing out of the policy-making capacity of nation-states which is irreversible, especially in the area of global financial markets, which they accept have radically modified the context of national economic policy-making.…”

Section: Open Regionalismmentioning

confidence: 97%

“…This position drawn from the first wave of Conservative hyperglobalist rhetoric today represents the most powerful eurosceptical political economy strand in a right-wing eurosceptic-dominated coalition, seen as the only rational response to the changing political economy of the globalised world economic system (Perraton et al 1997, Held et al 1999. Hyperglobalist values are also clearly visible in UKIP, as one would expect from a fundamentalist anti-EU breakaway faction from the Conservative Party, with close links to powerful hyperglobalists in the City of London.…”

Section: Hyperglobalismmentioning

confidence: 99%

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Britain and the Crisis of the European Union

Baker

Schnapper

2015

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Section: Open Regionalismmentioning

confidence: 97%

Section: Hyperglobalismmentioning

confidence: 99%

Britain and the Crisis of the European Union

Baker

Schnapper

2015

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“…In 1996, exports of goods and non-factor services were valued at US966.1 trillion. Through this complex interpenetration of trade, finance and production on a global scale, the world economy today has become much more functionally integrated and interdependent than ever (Perraton et al 1997;Dicken 1998;cf. Hirst and Thompson 1996).…”

Section: Introductionmentioning

confidence: 99%

Under siegs? Economic globalization and Chinese business in Southeast Asia

Yeung¹

1999

Economy and Society

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To some observers, economic globalization has led to the end of the nation state and geography. It is assumed that globalization erodes national differences and geographical heterogeneity. This globalization discourse has a life of its own because it shapes neoliberal thought in economics and politics. In this paper, I attempt to challenge this 'strong globalization' reading of the global political economy. I argue that, instead of leading to a 'borderless' world, economic globalization continues to reinforce national diversity in the face of global capitalism. This argument is particularly relevant to the recent economic crisis in Southeast Asia where Chinese business serves as a dominant mode of capitalism. Through two case studies of Chinese capitalism, I argue that globalization is a highly contested process. On the one hand, it poses a serious threat to the practice and social organization of Chinese capitalism in Southeast Asia. The recent collapse of Peregrine Investment Holdings is a good example of how globalization has put Chinese business under siege. On the other hand, globalization presents opportunities for such social institutions as Chinese business firms to take advantage. The latest move of the Malaysian government to relax its twenty-seven-year old bumiputra equity ownership restrictions to allow more equity ownership of local companies by non-Malays and foreigners exemplifies both the pragmatic response of nation states to globalization and the unintended opportunities opened to Chinese capitalists. Taken together, this paper argues for a historically and geographically contingent reading of the impact and processes of economic globalization. It also suggests some implications for the future of Chinese capitalism in Southeast Asia under globalization.

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“…Globalisation is a notoriously contested concept (Perraton et al 1997), a detailed discussion of which is beyond the scope of this paper. However, it is important to recognise that while profound and tangible changes in the organisation of economic activity may have occurred, many of the policy responses to this phenomenon have been shaped by its discursive impact.…”

Section: Economic Management In a Global Economymentioning

confidence: 99%

Neoliberalism as a political rationality: Australian public policy since the 1980s

Beeson

Firth

1998

Journal of Sociology

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Since the 1980s a remarkable transformation has occurred in the rationale that informs public policy in Australia. This transformation reflects a fundamental change in the way national economies and populations are conceived by policy-makers, and has led to the emergence of new strategies of governance as a consequence. We argue that this change of direction in Australian public policy may be best thought of as a specific neoliberal 'political rationality'. The first section of the paper outlines changes in con ceptions of the economy and subjectivity which are associated with neoliberalism as a political rationality. The second part of the paper examines the articulation and imple mentation of neoliberalism in Australia over the last couple of decades.

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The globalisation of economic activity

Cited by 134 publications

References 18 publications

Britain and the Crisis of the European Union

Britain and the Crisis of the European Union

Under siegs? Economic globalization and Chinese business in Southeast Asia

Neoliberalism as a political rationality: Australian public policy since the 1980s

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