Author: Baldev Raj Nayar
Publisher: Oxford University Press
ISBN/UPC (if available): 978-0-19-567202-2
For policymakers, scholars, and the general public in any developing country, understanding in the context of globalization is of elemental importance today. However, this requires a 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.
The book operates on a vast theoretical and empirical canvas. It informs readers on the nature of globalization and the role of markets and geopolitics. It then applies its finds to the understanding of developmental success in the original 'Asian tigers', the Southeast Asian nations, and China. Its treatment of India and Pakistan is noteworthy for its illumination of the contrast between the two countries in the interaction of geopolitics and economic policy.
Contemporary and insightful, this book will be of interest to scholars of politics and international relations, and economics as well as to journalists, policy planners and the informed general reader.
Baldev Raj Nayar has long been an insightful observer of comparative and international politics. In this book he fixes his gaze on globalization, and presents a political thesis to explain what is widely viewed as a primarily economic phenomenon. He argues, first of all, that the recent round of globalization is very different from the economic integration seen earlier in world history. Second, and more critically, he contends that geopolitics has been a driving force in the way globalization has evolved. Like all his arguments before, this new argument is worthy of careful attention.
-Ashutosh Varshney, University of Michigan
LIST OF TABLES
Globalization, Geopolitics and Development
PART I: GLOBALIZATION
The Advance of Globalization: From Shallow to Deep Integration
The Truncated Nature of Globalization
PART II: GEOPOLITICS
Markets and States: The Centrality of Geopolitics
The Geopolitical Reshaping of the Post-war World Economy
From Hegemony to Empire: The Diffusion and concentration of Power
PART III: DEVELOPMENT
Overcoming Truncatedness: Harnessing Globalization for Development
The Original Asian Tigers: Japan, Taiwan, and South Korea
The Southeast Asian Emulators
China's Economic Miracle
India: Subaltern Geopolitics and Economic Policy
Pakistan: Military Rule, Alliances, and Economic Performance
Summary and Conclusions