The Effect of Globalization
Special Working Paper Series
Globalization and Politics
Suzanne Berger
MIT IPC Globalization Working Paper 00-005
P1: FMF
April 18, 2000
15:37
Annual Reviews
AR097-03
Annu. Rev. Polit. Sci. 2000. 3:43–62
Copyright c 2000 by Annual Reviews. All rights reserved
GLOBALIZATION AND POLITICS
Suzanne Berger
Department of Political Science, Massachusetts Institute of Technology, Cambridge,
Massachusetts 02139; e-mail: szberger@mit.edu
?
Key Words internationalization, neoliberalism, trade opening, social dumping, states and markets s Abstract This chapter reviews the issues at stake in current public and scholarly debates over the impact of changes in the international economy on domestic politics and society. Over the past two decades, there have been dramatic increases in the flow of portfolio capital, foreign direct investment, and foreign exchange trading across borders at the same time as barriers to trade in goods and services have come down.
These changes raise many new questions about the effects of trade and capital mobility on the autonomy of nation-states and the relative power in society of various groups.
The first signs of realignments within and between political parties of both the left and the right over issues of national independence and trade openness suggest a rich new terrain for political inquiry.
INTRODUCTION
The rise of public and scholarly interest in globalization and politics is a new phenomenon. Over the past decade, the liberalization of trade, finance, and investment across the world has opened vast new territories to dynamic economic actors. The rise of incomes in developing countries has created large new consumer markets.
Producing across national boundaries has shifted research, development, and manufacturing activities involving higher and higher degrees of skill and value into other societies. At the same time, economic institutions are also changing. Corporations that were once
Globalization and Politics
Suzanne Berger
MIT IPC Globalization Working Paper 00-005
P1: FMF
April 18, 2000
15:37
Annual Reviews
AR097-03
Annu. Rev. Polit. Sci. 2000. 3:43–62
Copyright c 2000 by Annual Reviews. All rights reserved
GLOBALIZATION AND POLITICS
Suzanne Berger
Department of Political Science, Massachusetts Institute of Technology, Cambridge,
Massachusetts 02139; e-mail: szberger@mit.edu
?
Key Words internationalization, neoliberalism, trade opening, social dumping, states and markets s Abstract This chapter reviews the issues at stake in current public and scholarly debates over the impact of changes in the international economy on domestic politics and society. Over the past two decades, there have been dramatic increases in the flow of portfolio capital, foreign direct investment, and foreign exchange trading across borders at the same time as barriers to trade in goods and services have come down.
These changes raise many new questions about the effects of trade and capital mobility on the autonomy of nation-states and the relative power in society of various groups.
The first signs of realignments within and between political parties of both the left and the right over issues of national independence and trade openness suggest a rich new terrain for political inquiry.
INTRODUCTION
The rise of public and scholarly interest in globalization and politics is a new phenomenon. Over the past decade, the liberalization of trade, finance, and investment across the world has opened vast new territories to dynamic economic actors. The rise of incomes in developing countries has created large new consumer markets.
Producing across national boundaries has shifted research, development, and manufacturing activities involving higher and higher degrees of skill and value into other societies. At the same time, economic institutions are also changing. Corporations that were once
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