1. The Role of the State in Globalization
... predictions of the demise of the nation state. In this view, the capacity, autonomy, and authority of the state are undermined by the power of global markets and capital so states are no longer able to discharge the function of governance under the environment of globalization (Phillips, 2005: 92). First, it had been argued that the period after the end of the Second World War witnessed a rapid growth of trade, which indicated a greater interconnectedness in the nature of the economy (O'Brien & Williams ... , 2010: 163). Therefore, national economies would be sensitive and vulnerable to ...
- Word Count: 1836
- Approx Pages: 7
- Has Bibliography
- Grade Level: Undergraduate