This work challenges the popular view that globalization threatens the role of the nation-state in determining national policy. It examines the fundamental issue of competitiveness and market power in an increasingly borderless and co-dependent world. Despite this increased threat to the nation-state as an effective manager of the national economy, the authors argue that there are a number of options and alternatives open to governments to protect themselves from the global business cycle. List of figures, List of tables, List of contributors, INTRODUCTION, Part I Globalization: unleashing the market, Part II The limits of Japanese power, Part III Finance and trade: The erosion of national sovereignty, Part IV Globalization and labour, Part V Are Keynes and Beveridge really dead? The strategic dilemma for policy-makers, Part VI New politics in an uncertain world, Index
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