"This is a novel and well-developed analysis of how states respond to globalization. Wang makes a substantively and theoretically rich argument about policy substitution in response to economic globalization and empirically traces specific ways in which states essentially confront globalization on their own terms." — Robert G. Blanton, University of Alabama at Birmingham
Argues that states substitute unwanted policy changes dictated by globalization with politically feasible ones, leading to policy convergence.Convergence as Adaptivity explores under what conditions policy convergence may be seen an indication of policy autonomy. Zhiyuan Wang advances a theory that argues states substitute unwanted policy changes dictated by globalization with politically feasible ones. Investigating bilateral investment treaties, preferential trade agreements, corporate taxation, and central bank independence as policy substitutes, he provides both quantitative and qualitative evidence to substantiate the core theoretical argument and explores under what conditions policy convergence can be an indication of policy autonomy and through what manner. The result is a systemic and rigorous exploration of the idea of policy substitution and its consequences under globalization. Wang's findings will be of interest to scholars, practitioners, and concerned citizens hoping to deepen their understanding of globalization as well as useful for undergraduate and graduate courses in international relations, international and comparative political economy, and globalization.
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List of IllustrationsAcknowledgmentsIntroduction: A Globalized World, yet Nationalized Policies1. Measured Adaptivity: Policy Convergence through Substitution under Globalization2. The Proliferation of Bilateral Investment Treaties and Judicial Independence3. Labor Rights and the Making of Preferential Trade Agreements4. Partisanship, Labor, and Corporate Taxation5. Diffused Capital Account Openness and Central Bank IndependenceConclusion: Outwitting GlobalizationNotesReferencesIndex
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Argues that states substitute unwanted policy changes dictated by globalization with politically feasible ones, leading to policy convergence.
Produktdetaljer
ISBN
9781438493787
Publisert
2024-01-02
Utgiver
Vendor
State University of New York Press
Høyde
229 mm
Bredde
152 mm
Aldersnivå
P, 06
Språk
Product language
Engelsk
Format
Product format
Heftet
Antall sider
218
Forfatter
Biographical note
Zhiyuan Wang is Assistant Professor of Political Science at the University of Florida.