1. The Role of the State in Globalization
... not enjoy complete economic freedom in the era prior to globalization. For example, the Wall Street Crash of 1929 triggered a financial crisis the scale of which was similar to the financial crisis of 1997-99 (Keohane, & Nye, 2000: 109). Therefore, the states might be familiar with such external economic changes, and thus are experienced to address them. In addition, empirical evidence shows little indication of the hyper-globalist thesis, which claims ... a dismissed role of state. It has been argued that if globalization results in a potential crisis of the state, there would be evide...
- Word Count: 1836
- Approx Pages: 7
- Has Bibliography
- Grade Level: Undergraduate