ABSTRACT

The globalization debate within today’s political economy and development literatures is often cast as an irreconcilable dispute. On one side are the optimists who see global markets working to all societies’ long-term economic advantage. On the other side are pessimists who fear that international integration could end up discouraging long-term economic growth in countries forced to compete too soon or in resource-intensive sectors affording few spillovers to the rest of their economies. As important as it is, however, the question of how globalization affects long-run economic performance is not the only relevant consideration: what about globalization’s impact on long-run political performance? This latter question has not received the attention it deserves.