Will the Nation-State Survive Globalization

Bibliographic Data

ID3388232
AuthorsMartin Wolf (0009-0003-9699-2381, corresponding author)
Year2001
Volume80
Issue1
Pages178
Publication date2001-01-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueForeign Affairs (JOURNAL)
Journal identifiersISSN: 0015-7120 • E-ISSN: 2327-7793
PublisherJSTOR (PUBLISHER)
DOI10.2307/20050051
OpenAlexW2544554394
LanguageEN
Citations received28

A specter is haunting the world's governments?the specter of globalization. Some argue that predatory market forces make it impossible for benevolent governments to shield their populations from the beasts of prey that lurk beyond their borders. Others counter that benign market forces actually prevent predatory governments from fleecing their citizens. Although the two sides see different villains, they draw one common conclusion: omnipo tent markets mean impotent politicians. Indeed, this formula has become one of the clich?s of our age. But is it true that govern ments have become weaker and less relevant than ever before? And does globalization, by definition, have to be the nemesis of national government? Globalization is a journey. But it is a journey toward an unreachable destination?the world. A globalized economy could be defined as one in which neither distance nor national borders impede economic transactions. This would be a world where the costs of

Business · Development economics · Economic system · Economics · Globalization · International trade · Political economy · Political science · State (computer science) · Computer Science · Globalization, Economics, and Policies · Law

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