ABSTRACT
This book has sought to achieve a better understanding of the nature of economic globalization and its impacts across the world-system. Influenced by world-systems theory (WST), we have examined trends in capitalism over time and in various regional contexts, and particularly in the under-studied and certainly under-compared semi-peripheral countries. We have then examined in greater detail various dimensions of contemporary global capitalism, including strategies pursued by transnational corporations, international divisions of labour, economic liberalization, natural resource issues and the growing significance of offshore services. While the evolving trends in and impacts of global capitalist development have been at the forefront of our presentation, we have tried not to neglect the political dimensions of global change, be they in the policy arena or in the realm of democratization.
