Globalization and Global Governance - Softcover

Vince Cable

Softcover

ISBN 10: 1855673517 ISBN 13: 9781855673519

Publisher: Pinter, 1999

Synopsis

Drawing out common lessons and experiences from the economic transformation process in China, India and Russia, this study assesses the implications for the rest of the world. The book considers, first, the liberalization "revolution" which all three countries have sought to manage, albeit with different time-scales and with different results. All three have made substantial moves towards becoming more open and market-oriented economies and have struggled, so far without great success, to deal with the legacy of large, inefficient state enterprises and their fiscal implications. The second part of the book describes a new form of capitalism - the so-called "anarcho-capitalism" - which is emerging in societies with weak rules, no effective system of corporate governance and fierce competitition. The author then describes the interface between the three countries and the rest of the world - the trade policy regime (including admission to the GATT/World Trade Organization), foreign investment and international capital markets

About this title

About the Author

Dr. Vincent Cable is a Liberal Democrat MP and his party's Trade and Industry Spokesman. He was formerly Chief Economist at Shell and Head of the International Economics Programme at the Royal Institute of International Affairs.

Edition details

• Publisher: Pinter
• Publication date: 1999
• Language: English
• ISBN 10: 1855673517
• ISBN 13: 9781855673519
• Binding: Paperback
• Number of pages: 150