Altered States: The Globalization of Accountability by Valerie Sperling

By Valerie Sperling

Is globalization stable for democracy? Or has it made our governing associations much less liable to voters? situated on the intersection of diplomacy and comparative politics, this publication explores the consequences of globalization on nationwide governance. below what conditions do the transnational forces that include globalization inspire or discourage political responsibility? one of the transnational forces mentioned within the e-book are the overseas financial Fund, the area financial institution, multinational agencies, the United international locations, deepest army contractors, peacekeepers, the eu court docket of Human Rights, and a number of other transnational social activities. utilizing in-depth case experiences of events during which those transnational associations engage with nationwide governments and electorate, Valerie Sperling strains the effect of financial, political, army, judicial, and civic globalization on country responsibility and investigates the measure to which transnational associations are themselves accountable to the folks whose lives they modify. to hear Valerie Sperling's interview with New Hampshire Public Radio, stopover at (Windows clients) (Mac clients) additionally, listen her interview with KOPN radio in Columbia, Missouri on reside audio flow

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30. , p. 31. 10 11 Economic Globalization 25 ­ isclaimer undermining its conclusion about the benefits of trade ­openness: d “We label the top third ‘more globalized’ [that is, bigger increase in trade/ GDP] without in any sense implying that they adopted pro-trade policies. ”15 Recommending trade liberalization to developing countries as a prescription for growth thus rests on a shaky foundation. 16 Still, significant evidence points to growing income inequality in recent decades, both within and among countries around the world.

P. 53. “Neoliberal” – in the economic sense – has acquired a perjorative connotation; few ­scholars characterize themselves as proponents of neoliberal economics despite the term’s widespread usage. See Taylor C. Boas and Jordan Gans-Morse, “Neoliberalism: From New Liberal Philosophy to Anti-Liberal Slogan,” Studies in Comparative International Development, Vol. 44, No. 2 (forthcoming, Summer 2009). Note that I am not using “neoliberalism” as it is used in international relations theory, where it refers to “neoliberal institutionalism,” a school of thought that examines the role that multilateral institutions (such as the IMF and the World Trade Organization [WTO]) can play in helping states cooperate with each other.

But, although privatization of assets may be important as a means of spreading power beyond the pockets of state leaders, economic liberalism can also decrease workers’ rights and their power to organize as citizens, making privatization an economic process that benefits some more than others when it comes to the distribution of political power and accountability. 43 There, free market reforms promoted growth, but also had the effect of lowering wages for workers and considerably reducing the power of trade unions, with important political ramifications up to the present Nor are markets themselves accountable institutions.

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