IDEAS home Printed from https://ideas.repec.org/a/taf/glecrv/v30y2001i2p41-51.html
   My bibliography  Save this article

Neoliberal globalization and domestic accommodation: Combining efficiency and legitimacy

Author

Listed:
  • Hochul Lee

Abstract

Globalization is not a unique issue. The market economy has been constantly globalized since its formation in Europe in the late fifteenth century. However, its neoliberal nature is very contemporary. At the international level, measures to open more markets and to liberalize trade have been negotiated and incorporated into the rules of the WTO, the IMF, and the regional bodies of economic cooperation. At the domestic level, neoliberal reform packages have been tried or imposed externally particularly in East Asian countries after the financial crisis in the late 1997. This study defines the nature of neoliberal globalization and identifies its limitations and pressures upon domestic political economy. It also reviews briefly the 'third way' politics in Europe and another 'third way' experiment in China to find some critical lessons in responding to neoliberal reform pressures.

Suggested Citation

  • Hochul Lee, 2001. "Neoliberal globalization and domestic accommodation: Combining efficiency and legitimacy," Global Economic Review, Taylor & Francis Journals, vol. 30(2), pages 41-51.
    • Handle: RePEc:taf:glecrv:v:30:y:2001:i:2:p:41-51
    DOI: 10.1080/12265080108449819
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/12265080108449819
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/12265080108449819?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Paul Krugman, 1986. "Strategic Trade Policy and the New International Economics," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262610450, December.
    2. Dani Rodrik, 1998. "Has Globalization Gone Too Far?," Challenge, Taylor & Francis Journals, vol. 41(2), pages 81-94, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. David Lake, 2009. "Open economy politics: A critical review," The Review of International Organizations, Springer, vol. 4(3), pages 219-244, September.
    2. Robert Went, 2000. "Game, Set, and Match for Mr. Ricardo? The Surprising Comeback of Protectionism in the Era of Globalizing Free Trade," Journal of Economic Issues, Taylor & Francis Journals, vol. 34(3), pages 655-677, September.
    3. Dani Rodrik, 2018. "Populism and the economics of globalization," Journal of International Business Policy, Palgrave Macmillan, vol. 1(1), pages 12-33, June.
    4. Andersen, Torben M., 2005. "Product market integration, wage dispersion and unemployment," Labour Economics, Elsevier, vol. 12(3), pages 379-406, June.
    5. Komlos, John & Schubert, Hermann, 2019. "Les origines du triomphe de Donald Trump," Revue de la Régulation - Capitalisme, institutions, pouvoirs, Association Recherche et Régulation, vol. 26.
    6. James E. Rauch & Vitor Trindade, 2000. "Information and Globalization: Wage Co-Movements, Labor Demand Elasticity, and Conventional Trade Liberalization," NBER Working Papers 7671, National Bureau of Economic Research, Inc.
    7. Holger Görg & Michael Henry & Eric Strobl & Frank Walsh, 2009. "Multinational companies, backward linkages, and labour demand elasticities," Canadian Journal of Economics, Canadian Economics Association, vol. 42(1), pages 332-348, February.
    8. Margaret A. Walls, 1990. "Welfare Cost Of An Oil Import Fee," Contemporary Economic Policy, Western Economic Association International, vol. 8(2), pages 176-189, April.
    9. William Maloney & Andrés Rodríguez‐Clare, 2007. "Innovation Shortfalls," Review of Development Economics, Wiley Blackwell, vol. 11(4), pages 665-684, November.
    10. repec:ilo:ilowps:354173 is not listed on IDEAS
    11. Brian Burgoon & Damian Raess, 2009. "Globalization and Working Time: Working Hours and Flexibility in Germany," Politics & Society, , vol. 37(4), pages 554-575, December.
    12. Sophie Webber, 2015. "Randomising Development: Geography, Economics and the Search for Scientific Rigour," Tijdschrift voor Economische en Sociale Geografie, Royal Dutch Geographical Society KNAG, vol. 106(1), pages 36-52, February.
    13. Robert C. Feenstra, 1998. "Integration of Trade and Disintegration of Production in the Global Economy," Journal of Economic Perspectives, American Economic Association, vol. 12(4), pages 31-50, Fall.
    14. Ann E. Harrison & Margaret S. Mcmillan & Clair Null, 2022. "U.S. Multinational Activity Abroad and U.S. Jobs: Substitutes or Complements?," World Scientific Book Chapters, in: Globalization, Firms, and Workers, chapter 10, pages 235-253, World Scientific Publishing Co. Pte. Ltd..
    15. Lyon, Spencer G. & Waugh, Michael E., 2018. "Redistributing the gains from trade through progressive taxation," Journal of International Economics, Elsevier, vol. 115(C), pages 185-202.
    16. Baldwin, John R. Gu, Wulong, 2004. "Innovation, Survival and Performance of Canadian Manufacturing Plants," Economic Analysis (EA) Research Paper Series 2004022e, Statistics Canada, Analytical Studies Branch.
    17. Jon Wisman, 2001. "Creative destruction and labor's options," Forum for Social Economics, Taylor & Francis Journals, vol. 30(2), pages 51-76, January.
    18. William Milberg, 1996. "The rhetoric of policy relevance in international economics," Journal of Economic Methodology, Taylor & Francis Journals, vol. 3(2), pages 237-259.
    19. Ann Harrison & John McLaren & Margaret S. McMillan, 2010. "Recent Findings on Trade and Inequality," NBER Working Papers 16425, National Bureau of Economic Research, Inc.
    20. O'Rourke, Kevin, 2003. "Heckscher-Ohlin Theory and Individual Attitudes Towards Globalization," CEPR Discussion Papers 4018, C.E.P.R. Discussion Papers.
    21. Jacques Fontanel, 2020. "Une croissance économique sans progrès humain," Post-Print hal-03709037, HAL.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:glecrv:v:30:y:2001:i:2:p:41-51. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RGER20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.