ABSTRACT
This volume contributes to an understanding of the implications of globalization by examining three sets of issues. First, what is meant by governance in the study of international relations and international political economy? Two competing perspectives – the new institutionalist and the constructivist – are presented. Second, how will the processes of globalization impact on governance? Are territorial-based systems of governance obsolete or increasingly incapable of efficiently and equitably performing the functions expected of them by actors (whether citizens or firms) living in their jurisdictions? What kinds of changes can we expect? What are the politics of such changes? Third, what kinds of policy innovations at the country-level may be required and are politically feasible in the domains of administrative law, tax policy, monetary policy, and trade and industrial policies to deal with the challenges of globalization?
