Beschreibung:
The economics and history of the closing years of the 20th century may turn out to mark the era of transformation when the nation-states lose most of their ability to maneuver in economics as finance and investment become transnationalized. In the European Community and similar associations, the nation-state loses some formal powers and has to modify its policies to fit those of its neighbors and the association. An economically sustainable social democracy may be beyond the reach of any one nation, and reforms based in a single middle-sized country may be impossible.
The close of this century will be an era of transformation when nation-states lose the ability to maneuver on economic issues.
PrefaceEra of Transformation: In Search of a Role ModelEconomics and Politics of Emerging MarketsEastern and Central Europe: Marx and MarketsLatin America: Stumbling into the 1990sEast Asian Rim: Moving from State-Directed Capitalism?Africa and Emerging Markets: A Legacy of ColonialismDebt Crisis RevisitedA Common Market Culture: The Role of IdeasGlobalizing Employment OpportunitiesChanging Nature of Capital Flors: A Word of CautionMutual Funds, Banks, and Potential ProblemsTransformation of Money and Capital Markets: A Role for Monetary Policy?BibliographyIndex