By Valerie Sperling
Is globalization strong for democracy? Or has it made our governing associations much less responsible to electorate? positioned on the intersection of diplomacy and comparative politics, this booklet explores the results of globalization on nationwide governance. less than what situations do the transnational forces that include globalization inspire or discourage political responsibility? one of the transnational forces mentioned within the ebook are the overseas financial Fund, the realm financial institution, multinational enterprises, the United international locations, deepest army contractors, peacekeepers, the ecu courtroom of Human Rights, and a number of other transnational social events. utilizing in-depth case reviews of occasions within which those transnational associations have interaction with nationwide governments and electorate, Valerie Sperling strains the impression of monetary, political, army, judicial, and civic globalization on country responsibility and investigates the measure to which transnational associations are themselves accountable to the folks whose lives they change. to hear Valerie Sperling's interview with New Hampshire Public Radio, stopover at
http://www.nhpr.org/node/26440 (Windows clients)
http://www.nhpr.org/audio/audio/wom-2009-08-12-vp3.mp3 (Mac clients) additionally, listen her interview with KOPN radio in Columbia, Missouri on reside audio circulation
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Additional resources for Altered States: The Globalization of Accountability
Many such loans were made to the governments of developing countries, enabling them to pay for the increasingly expensive oil, and also to buy Western goods, fund large development projects, increase military spending, and, in some cases, pocket the funds themselves. ”60 Interest rates rose at the end of the 1970s, as did oil prices, and the loan recipients were unable to pay off their debts, as prices for their raw material and agricultural exports declined. 61 What effects have IMF and World Bank structural adjustment programs had on economic growth and inequality?
Markets are deemed superior in transnational economic relations as well; free trade (involving the elimination of most state subsidies, price controls, wage floors, and restrictions on imported goods) is therefore preferred to protectionism (where domestic producers are somewhat shielded from outside competition). Second, states running large deficits are advised to adopt fiscal austerity and reduce their public spending. Similarly favored is the expansion of the private sector into areas previously controlled by the state.
One indicator, the E conomic Freedom Index (EFI), which scores countries on their relative economic liberalism versus statist control of the economy (measuring protectionism, government spending and economic intervention, monetary policy, and so forth) would be useful in this regard, but its data begin only UNDP, Human Development Report 2005, p. 55. Paul Krugman, “For Richer: How the Permissive Capitalism of the Boom Destroyed American Equality,” New York Times Magazine, October 20, 2002. 21 M.
Altered States: The Globalization of Accountability by Valerie Sperling