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By Jeffrey A. Hart

Gobalization and Governance is an neutral assortment written for researchers and scholars of political technology and diplomacy, overseas political financial system or international politics.

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Polanyi, Karl (1957) The Great Transformation: The Political and Economic Origins of Our Time, Boston, MA: Beacon Press. Porter, Michael E. (1990) Competitive Advantage of Nations, New York: Free Press. Hart (1998) “Political Economy of Economic Integration,” Business and the Contemporary World X:611–32. Putnam, Robert D. (1993) Democracy at Work, Princeton, NJ: Princeton University Press. Galen Kroeck and William Renforth (1996) “Measuring the Degree of Internationalization: A Comment,” Journal of International Business StudiesV(1):167–77.

Since “architectures of supplies” may provide high-technology firms located in a country adequate and timely access to new technologies, they will become a major “pull-factor” attracting investment from both domestic and foreign MNEs (also see Porter, 1990; Ohmae, 1991). Having discussed globalization as an independent variable and governance as a dependent variable, we now briefly describe the structure of this volume. The structure of the volume This volume is divided into three parts. Part I deals with the concepts and politics of governance in the context of globalization.

As a result, institutionalized mechanisms for redistribution are required to maintain legitimacy. The existing institutions of governance, particularly the state, may be better placed to provide such redistributive services than any new ones. He feels that even though such extant institutions may not minimize governance costs, they may be better placed for providing redistributive services due to their lower start-up costs. As a result, such institutions are well placed to survive the onslaught of the processes of globalization.

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