1. The Role of the State in Globalization
... , as Strange (1997: 365-369) argues, the power of the state flows to firms, and the role of the state is reduced to provide economic infrastructure to attract investment. The hyper-globalist thesis or so called 'globalization orthodoxy' has been challenged in many ways. One of most skeptical responses questions whether understanding globalization as economic integration is nothing more than a myth. Hirst and Thompson (1996 ... : 186) argue that "there is no strong tendency toward a globalized economy and the major advanced nations continue to be dominant." In terms of the level of tr...
- Word Count: 1836
- Approx Pages: 7
- Has Bibliography
- Grade Level: Undergraduate