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Gaining from Globalization? State Extraterritoriality and Domestic Economic Impacts—The Case of Singapore

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  • Nicholas A. Phelps

Abstract

States have authored elements of globalization—deploying strategies to exert themselves extraterritorially. Such extraterritorial dimensions of state strategy are intimately connected to economic interests—although the economic interests in question and the geographic manifestations of extraterritoriality have varied historically for individual nation-states and continue to vary among different nation-states. This article examines one important example of this phenomenon. The rapid industrialization of Singapore at a time of rapid international economic integration has created a unique degree of urgency, depth, and breadth among contemporary state strategies of extraterritoriality. Drawing upon original research on joint-venture industry and technology parks in China, Vietnam, Indonesia, and India, the article examines the extent and nature of economic benefits to the Singapore economy leveraged through this particular strategy of extraterritorialization. The modest scale of these benefits confirms both the limits of state strategies that are aimed at, and elite discourses regarding, “gaining from globalization.”

Suggested Citation

  • Nicholas A. Phelps, 2007. "Gaining from Globalization? State Extraterritoriality and Domestic Economic Impacts—The Case of Singapore," Economic Geography, Taylor & Francis Journals, vol. 83(4), pages 371-393, October.
    • Handle: RePEc:taf:recgxx:v:83:y:2007:i:4:p:371-393
    DOI: 10.1111/j.1944-8287.2007.tb00379.x
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    Cited by:

    1. José Plá Barber & Cristina Villar & Luis Silva Domingo, 2015. "Parenting MNC networks through springboard subsidiaries: a dynamic model of evolution," Documentos de Investigación 100, Universidad ORT Uruguay. Facultad de Administración y Ciencias Sociales.
    2. Nicholas A Phelps & Sharifah R S Dawood, 2014. "Untangling the Spaces of High Technology in Malaysia," Environment and Planning C, , vol. 32(5), pages 896-915, October.
    3. Alvaro Cuervo-Cazurra & Anna Grosman & William L. Megginson, 2023. "A review of the internationalization of state-owned firms and sovereign wealth funds: Governments’ nonbusiness objectives and discreet power," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 54(1), pages 78-106, February.
    4. Alvaro Cuervo-Cazurra & Anna Grosman & Geoffrey T. Wood, 2023. "Cross-country variations in sovereign wealth funds’ transparency," Journal of International Business Policy, Palgrave Macmillan, vol. 6(3), pages 306-329, September.

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