Globalization, Sovereignty, and Democracy
"Like everyone else, economists like to break out of the narrowness of
their discipline and speculate on a larger theme, painting on a bigger canvas.
Like John Kenneth Galbraith, they may even make money while having fun. In
the process, they may even illuminate and inform, doing good while doing well.
The task I have been assigned is an intellectually challenging one: does
the growing globalization of the world economy and the presumed growth then
in interdependence promise to constrain national sovereignty; and, does it
equally threaten to compromise democratic accountability within nation states?"
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