Digital communication technologies have thrust the calculus of global political power into a period of unprecedented complexity. In every aspect of international affairs, digitally enabled actors are changing the way the world works, and disrupting the institutions that once held a monopoly on power. In this book, Taylor Owen provides a look at the way that digital technologies are shaking up the workings of the institutions that have traditionally controlled international affairs: humanitarianism, diplomacy, war, journalism, activism, and finance.
This book contains a set of essays by eminent international scholars from Australia, New Zealand, the U.K. and the U.S. It addresses the issues of globalisation and international competitiveness and includes discussions of market power, competition policy and the effects of foreign trade, globalisation and the labour market. The contributors also examine economic integration and regional policy cooperation, trade and communications, economic growth, including export led growth and foreign direct investment in developing countries, and the diffusion of technology.
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In the age of globalisation, goods, services, labour and capital are crossing international borders on a scale never before known. They are creating a nationless market. Governed by both the invisible hand of business and interest and the visible hand of authority and direction, a world market can be a free-for-all, but it can also be constrained by the national interest of countries that differ greatly in their social institutions and material circumstances. This book provides a lucid and comprehensive account of contemporary international political economy. Beginning with the ideological underpinnings, it examines the globalisation of trade in goods and services and labour and capital. It relates the free economic market to social consensus and political regulation, both within sovereign countries and at the supra-national level. The book is comprehensive and interdisciplinary, incorporating philosophical, political, social and economic insights on an international scale and applying them directly to the ongoing phenomenon of globalisation. Topical and non-nation specific, it covers the WTO, EU, the transfer of technology, the multinational corporation, the exchange rate, free versus regulated trade, the status of agreements and blocs, as well as contemporary issues such as populism, xenophobia and rapid economic growth in both rich and poor nations
