States, Politics, and Globalization

Paper Summary:

This paper discusses the effects of globalization on state control and regulation. The writer argues that globalization has undermined the state as the mighty guarantor of public welfare and security. The writer further argues that, in the 1990s, the prevailing and even hopeful view was that this was not the case, however, this euphoria did not last long.

From the Paper:

"Canada has made changes in its political, economical and social systems in order to compete in the ever-changing global market. Globalization is the basis of a fundamental economy in which the Canadian government assumes its responsibility to be competitive on a `level playing field'. Economic regulation is demonstrated through the state's implementation of monetary and fiscal policies, welfare, unemployment insurance, and health care. Economic pressures associated with globalization, competitiveness and restructuring have altered the discourse and practice of the state."

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