Geopolitics of globalization: the consequences for develpoment
- New Delhi Oxford University Press 2005
- 301 p.
For policymakers, scholars, and the general public in any developing country. understanding the political economy of their country in the context of globalization is of elemental importance today. However, this requires à prior comprehension of the nature, causes, and consequences of globalization. The key underlying concern in this volume is the lesson that the evolution and contemporary structuring of globalization holds for developing countries. Cast within the overall conceptual framework of international relations theory, it explores how the process of globalization still remains 'truncated'-basically confined to the 'triad' of the US, Europe, and Japan.
For Baldev Raj Nayar, the explanation for both the advance of contemporary globalization and its 'truncated' nature lies in geopolitics. Indeed, the volume is distinctive for its underlining the central role that geopolitics has played in the contemporary structuring of globalization, focusing specially on the US as the hegemonic power along with its European allies - the 'regime makers' in the modern-day international system.