Tailoring globalisation to national needs and well-being: one size never fits all Online publication date: Tue, 22-May-2007
by Nathan Berg, Shlomo Maital
Global Business and Economics Review (GBER), Vol. 9, No. 2/3, 2007
Abstract: This paper argues that political-economic trends referred to under the single heading of globalisation have distinct causes and manifestations in different countries. Institutional variables chosen by governments and their constituents play a dominant role in determining the character of those manifestations, few of which are inevitable. The political Left and Right often base their arguments on the common premise that nations have no choice but to adopt the US model of highly mobile investment capital, market-centred provision of most goods, minimal governmental regulation and minimisation of accounting costs. That countries possess considerable degrees of freedom in establishing rules for international flows of labour, capital and goods is insufficiently appreciated by critics and supporters of trade and labour market liberalisation. Variety in political-economic forms achieves institutional diversification on a global scale, providing a multi-dimensional spectrum of benchmarks that help individual countries measure policy performance and update institutional variables accordingly.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the Global Business and Economics Review (GBER):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com
Our Blog 
Follow us on Twitter 
Visit us on Facebook