• Summary
  • Contents

Key Concepts in Governance provides a clear introduction to the technical concepts and policies of contemporary governance through short definitional essays. Each entry features a snapshot definition of the concept, a contextualization of the concept,  an overview of relevant debates, and a guide to further reading. The book also includes a substantial introductory chapter which gives an overview of governance studies as a whole, orientating and guiding the reader around the issues that the concepts address. 

Globalization
Globalization
Definition

Globalization refers to the changing nature of the world economy. The changes are associated with the growth in economic interactions across state borders. The main changes are generally thought to be increasing trade flows, greater mobility of finance capital, and the internationalization of production chains. Many observers associate these changes with the rapid development of information technology.

Although globalization carries an aura of energy and excitement, critics argue that it has negative consequences. From a sociological standpoint, globalization might imply greater cultural conformity, perhaps even a type of cultural imperialism by the major western economies. From a political standpoint, globalization is often seen as part of a neoliberal program that forces governments to adopt a severely restricted and arguably unjust set of public policies. Such criticisms ...

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