ABSTRACT
Finance has become newly global in the last decade – in the form of flows that are faster, larger, more volatile, and increasingly and dangerously correlated across the world. So too civil society, with its increasing scale and influence and its protestations about the global economy; indeed, in many quarters civil society activities are seen as another sign of the diminished powers of the nation-state. 2 Finance and civil society both epitomize globalization: connections that are not only international, consisting primarily of relations among sovereign states, but also “global”, consisting of economic, political and social links among many different overlapping groups and agents – apparently quite independent of twentieth-century-style interstate “international” relations.
