POL 1502 Chapter Notes - Chapter N/A: Global City, Economic Globalization, Statism
Document Summary
Pro(cid:272)ess of tra(cid:374)sfor(cid:373)atio(cid:374) of the state rather tha(cid:374) its de(cid:272)li(cid:374)e (cid:271)ut (cid:374)ot the (cid:373)ost important actor (as a result of a new world economy, new role of ngos) New system: privatization; denationalization of public policy programs and resources and institutions. Global economy is not limited to borders. Role of the state is to negotiate interactions between national law and foreign actors. To secure monopoly in the author of the state. Since 1990, institutionalization of rights of non-national enterprises, supranational transactions and organisations (obligation to engage in globalization) Corporations want operations to be accepted by the state state (cid:374)o(cid:449) has a(cid:374) administrative role (crucial but not exclusive) Denationalized statist programs and production of privatized norms. Withdrawal of the state in the regulation of its own economy. Deregulation, financial and commercial liberalization, pri(cid:448)atizatio(cid:374) (cid:374)e(cid:272)essar(cid:455) poli(cid:272)ies in the development of global capital markets; more generally the economy system in the world.