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Examines the implications of globalization for the international economy and for regulation of the international financial system; 8 articles, Topics include the Asian crisis, women's paid labor in Asia, and drug traffic.

This collection of essays makes a striking intervention in the increasingly heated debates surrounding the cultural dimensions of globalization. While including discussions about what globalization is and whether it is a meaningful term, the volume focuses in particular on the way that changing sites -- local, regional, diasporic -- are the scenes of emergent forms of sovereignty in which matters of style, sensibility, and ethos articulate new legalities and new kinds of violence. Seeking an alternative to the dead-end debate between those who see globalization as a phenomenon wholly without precedent and those who see it simply as modernization, imperialism, or global capitalism with a new face, the contributors seek to illuminate how space and time are transforming each other in special ways in the present era. They examine how this complex transformation involves changes in the situation of the nation, the state, and the city. While exploring distinct regions -- China, Africa, South America, Europe -- and representing different disciplines and genres -- anthropology, literature, political science, sociology, music, cinema, photography -- the contributors are concerned with both the political economy of location and the locations in which political economies are produced and transformed.

Discusses economic and political dimensions, including decline in industrial employment and accompanying wage-labor crisis, and impact on state sovereignty and democracy; some focus on Canada and Canadian foreign policy; 5 articles; Marxist perspective.